Terraced house in Rua do Alportel, Horta das Figuras - Lejana - Senhora da Saúde, Faro
Terraced house in Rua do Alportel, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 2Terraced house in Rua do Alportel, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 3Terraced house in Rua do Alportel, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 4Terraced house in Rua do Alportel, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 5
Grade Bvillabudget

Terraced house in Rua do Alportel, Horta das Figuras - Lejana - Senhora da Saúde, Faro

Faro · Eastern Algarve ·

€450,000

Asking Price (EUR)

4.3%

True Net Yield (Owner, all-in)

3.0%

True Net Yield (Managed, all-in)

6.7%

True Gross Yield

39%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 17% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.75, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €37,276/yr
Average Daily Rate: €264
-45.0% vs area baselineImage quality 5/10 (-6%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 15.1 years
5-yr Capital Value: €591,293
10-yr Capital Value: €719,399
Brixfox Score: 59.3 / 100
Comparable Properties: 5
Data Confidence: 70%
Search Radius: 4 km

True Investment Cost

Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.

€559,280

+24.3% over asking

Asking price€450,000
IMT — Property transfer tax (investment schedule)€23,830
IS — Stamp duty (0.8%)€3,600
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,750
Total acquisition costs€35,430
Renovation (est. €350/m² × 138 m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		€48,300
(€34,500–€62,100)
Furnishing & STR launch (4bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€25,550
All-in investment (incl. renovation & furnishing)€559,280

Gross yield (asking price)

8.3%

True gross yield (all-in)

6.7%

Estimates use Portugal's investment IMT schedule (non-permanent residence). Actual notary & legal vary; budget +€500–1,000 for surveyor, due-diligence and bank-mortgage fees if financing. Renovation cost is a heuristic on property condition × m² — verify with a site visit. Furnishing uses finish-level-tiered rates covering beds, living, kitchen, electronics, AL licence, linens & professional photography. Working capital (2-3 months operating buffer) not included.

Bedrooms: 4
Bathrooms: 2
Building: 138 m²
Land: 150 m²
Style: dated
Condition: fair
Energy Certificate: In process

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
17.98
Visual Appeal
6.8
Ownership Security
13
Location
7.8
Land & Space
3.85
Rental Demand
3.87
Payback Speed
3
STR Suitability
3

Description

This building has a unique charm and enormous potential for those seeking a promising investment or a cozy home. With two apartments, each with access to a private backyard, it offers space and privacy in perfect balance. Although it needs renovation, it is located in a rapidly growing and appreciating area, making it

Location

📍 37.0303°N, 7.9332°W

· Faro, Algarve, Portugal

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Idealista.pt
Faro / Eastern Algarve

Terraced house in Rua do Alportel, Horta das Figuras - Lejana - Senhora da Saúde, Faro

Inventory
4 Beds
Bathrooms
2 Baths
Built Area
138 m²
Land Plot
150 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 5.6% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score59
GradeB
Brixfox Intelligence
59BStrong
Score Breakdown
ROI & Yield65%
Capital Growth62%
Risk Profile61%
Market Demand59%

The Brixfox Score is our proprietary AI-powered rating that evaluates rental ROI, capital appreciation potential, risk factors, and local market dynamics to give you a single investment quality metric.

Pro members get full score breakdown with AI recommendations
Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+9.3%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$84K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.6%
$2,264/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
18.0 yr
Rental only

Property details

Energy: In process
Condition: fair

Description

This building has a unique charm and enormous potential for those seeking a promising investment or a cozy home. With two apartments, each with access to a private backyard, it offers space and privacy in perfect balance. Although it needs renovation, it is located in a rapidly growing and appreciating area, making it

Income Breakdown

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Nightly Rate (ADR)
$382/night
50% ($176)Brixfox estimate($382/night)200% ($703)
Occupancy
39%
10%Brixfox estimate(39%)100%

Short-Term Rental

Yearly income
$27,169
Airbnb data$382/night · 39% occupancy
Rental income
$382/night · 39% occ.
$53,893
Running costs (20%)
Utilities, cleaning, maintenance
-$10,779
Income tax (10%)
Indonesian rental income tax
-$15,090
Property tax
Annual property tax
-$856
Net income
5.6% ROI
$27,169

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

True all-in investment

What the headline asking price actually costs once mandatory taxes, fees, renovation, and furnishing are added. Yields rebased onto this number — closer to what you'll really earn against what you'll really pay.

Asking price$489,130
IMT (transfer tax, investment schedule)$25,902
Imposto de Selo (stamp duty)$3,913
Notary & registration$1,359
Legal / due diligence$7,337
Total acquisition costs$38,511
Renovation (~$380/m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		$52,500
($37,500–$67,500)
Furnishing & STR launch
4bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$25,598
All-in investment$605,739

Gross yield (asking)

11.0%

True gross yield (all-in)

8.9%

Estimates use Portugal's standard transfer tax + typical legal/notary defaults. Verify with local counsel before committing — actual fees vary by deal structure.

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Faro.

$3.0M$2.3M$1.5M$761K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $450K
Capital appreciation
Property value growing at +4%/yr based on Faro market trends.
Rental income
Cumulative net rental earnings collected over time, growing with annual revenue increases.
Total return
Capital value + rental income. Your actual total position if you sold and kept all rent.
Paid back
Year 15: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$547K
+22%
Rental Income
+$133K
Total Position
$680K
+51%
8.6%/yr
Year 10
Capital Value
$666K
+48%
Rental Income
+$287K
Total Position
$953K
+112%
7.8%/yr
Year 20
Capital Value
$986K
+119%
Rental Income
+$672K
Total Position
$1.7M
+268%
6.7%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$1.2M
Total Position
$2.6M
+489%
6.1%/yr

Location

Faro

Eastern Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.6% annual return
Occupancy
Weak
39% average occupancy
Nightly Rate
Strong
$351 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Weak
150 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $351 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 39% — factor in seasonal gaps

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
5.8%
$2,367/mo
40% occ.
7.8%
$3,180/mo
39% occ.
7.5%
$3,072/mo
current
49% occ.
9.5%
$3,885/mo

Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Includes 10% Indonesian rental tax (PPh) and annual property tax (PBB). Market factors in Portugal may impact actual yields.