Duplex in Centro, Faro
Duplex in Centro, Faro — image 2Duplex in Centro, Faro — image 3Duplex in Centro, Faro — image 4Duplex in Centro, Faro — image 5
Grade B+apartmentmid-range

Duplex in Centro, Faro

Faro · Eastern Algarve ·

€580,000

Asking Price (EUR)

4.9%

True Net Yield (Owner, all-in)

3.4%

True Net Yield (Managed, all-in)

7.5%

True Gross Yield

51%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.4 months ago and is currently at 11% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.73, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €49,357/yr
Average Daily Rate: €263
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 14.3 years
5-yr Capital Value: €762,111
10-yr Capital Value: €927,225
Brixfox Score: 68.6 / 100
Comparable Properties: 23
Data Confidence: 97%
Search Radius: 2 km

True Investment Cost

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

€659,020

+13.6% over asking

Asking price€580,000
IMT — Property transfer tax (investment schedule)€34,230
IS — Stamp duty (0.8%)€4,640
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,700
Total acquisition costs€48,820
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€30,200
All-in investment (incl. renovation & furnishing)€659,020

Gross yield (asking price)

8.5%

True gross yield (all-in)

7.5%

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: 3
Bathrooms: 4
Building: 196 m²
Style: modern
Condition: excellent
Year Built: 2024
Energy Certificate: B
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

rooftop terracecovered outdoor area

Score Breakdown

ROI
18.52
Visual Appeal
12.2
Ownership Security
13
Location
7.8
Land & Space
5.92
Rental Demand
5.13
Payback Speed
3
STR Suitability
3

Description

Modern T3 duplex penthouse in the center of Faro, located on the top floor of a recent building with an elevator and only 5 units. Lower floor (3rd floor): - 3 bedrooms, 2 of them en-suite with built-in wardrobes - 3 bathrooms with walk-in showers - Open-plan kitchen equipped with Bosch and LG appliances - Laundry ro

Location

📍 37.0191°N, 7.9268°W

· Faro, Algarve, Portugal

View on IAD Portugal →Also on Idealista.pt
Idealista.pt
Faro / Eastern Algarve

Duplex in Centro, Faro

Inventory
3 Beds
Bathrooms
4 Baths
Built Area
196 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 5.9% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score69
GradeB+
Brixfox Intelligence
69B+Strong
Score Breakdown
ROI & Yield76%
Capital Growth72%
Risk Profile71%
Market Demand69%

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
+9.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$109K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.9%
$3,076/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
17.1 yr
Rental only

Property details

Year built: 2024
Energy: B
Condition: excellent

Description

Modern T3 duplex penthouse in the center of Faro, located on the top floor of a recent building with an elevator and only 5 units. Lower floor (3rd floor): - 3 bedrooms, 2 of them en-suite with built-in wardrobes - 3 bathrooms with walk-in showers - Open-plan kitchen equipped with Bosch and LG appliances - Laundry ro

Income Breakdown

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Nightly Rate (ADR)
$390/night
50% ($180)Brixfox estimate($390/night)200% ($718)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$36,916
Airbnb data$390/night · 51% occupancy
Rental income
$390/night · 51% occ.
$73,113
Running costs (20%)
Utilities, cleaning, maintenance
-$14,623
Income tax (10%)
Indonesian rental income tax
-$20,472
Property tax
Annual property tax
-$1,103
Net income
5.9% ROI
$36,916

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$630,435
IMT (transfer tax, investment schedule)$37,207
Imposto de Selo (stamp duty)$5,043
Notary & registration$1,359
Legal / due diligence$9,457
Total acquisition costs$53,065
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$716,326

Gross yield (asking)

11.6%

True gross yield (all-in)

10.2%

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.

$4.0M$3.0M$2.0M$1.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $580K
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 14: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$706K
+22%
Rental Income
+$180K
Total Position
$886K
+53%
8.8%/yr
Year 10
Capital Value
$859K
+48%
Rental Income
+$389K
Total Position
$1.2M
+115%
8.0%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$913K
Total Position
$2.2M
+276%
6.9%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$1.6M
Total Position
$3.5M
+503%
6.2%/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
5.9% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$359 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $359 — 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 51% — 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

31% occ.
4.8%
$2,511/mo
41% occ.
6.4%
$3,342/mo
51% occ.
7.9%
$4,173/mo
current
61% occ.
9.5%
$5,004/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.