T1 flat in Rua Miguel Bombarda, 5, Centro, Faro
T1 flat in Rua Miguel Bombarda, 5, Centro, Faro — image 2T1 flat in Rua Miguel Bombarda, 5, Centro, Faro — image 3T1 flat in Rua Miguel Bombarda, 5, Centro, Faro — image 4T1 flat in Rua Miguel Bombarda, 5, Centro, Faro — image 5
Grade C+apartmentbudget

T1 flat in Rua Miguel Bombarda, 5, Centro, Faro

Faro · Eastern Algarve ·

€275,000

Asking Price (EUR)

2.2%

True Net Yield (Owner, all-in)

1.5%

True Net Yield (Managed, all-in)

3.3%

True Gross Yield

40%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2 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: €11,997/yr
Average Daily Rate: €81
-38.0% vs area baselineImage quality 4/10 (-9%), Dated style (-15%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 28.6 years
5-yr Capital Value: €361,346
10-yr Capital Value: €439,633
Brixfox Score: 48.4 / 100
Comparable Properties: 100
Data Confidence: 99%
Search Radius: 2 km

True Investment Cost

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

€360,322

+31.0% over asking

Asking price€275,000
IMT — Property transfer tax (investment schedule)€10,247
IS — Stamp duty (0.8%)€2,200
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,125
Total acquisition costs€17,822
Renovation (est. €900/m² × 60 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€54,000
(€42,000–€66,000)
Furnishing & STR launch (1bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€13,500
All-in investment (incl. renovation & furnishing)€360,322

Gross yield (asking price)

4.4%

True gross yield (all-in)

3.3%

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: 1
Bathrooms: 1
Building: 60 m²
Style: dated
Condition: needs-renovation
Year Built: 1987
Energy Certificate: D
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
11.96
Visual Appeal
5.4
Ownership Security
13
Location
7.8
Land & Space
3.2
Rental Demand
4.05
Payback Speed
0
STR Suitability
3

Description

T1 remodeled a few months ago, with morning sun, large living room, modern bathroom with shower in 3 different types, good bedroom with a built-in wardrobe along the entire wall, wooden floors, and a kitchen equipped with a water heater, hob, stove, microwave, refrigerator, and washing machine. House with good lighting

Location

📍 37.0184°N, 7.9385°W

· Faro, Algarve, Portugal

View on Idealista.pt
Idealista.pt
Faro / Eastern Algarve

T1 flat in Rua Miguel Bombarda, 5, Centro, Faro

Inventory
1 Beds
Bathrooms
1 Baths
Built Area
60 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade C+ investment — short-term rental yields 2.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score48
GradeC+
Brixfox Intelligence
48C+Moderate
Score Breakdown
ROI & Yield53%
Capital Growth50%
Risk Profile51%
Market Demand48%

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
+6.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$52K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.8%
$709/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
13 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
35.1 yr
Rental only

Property details

Year built: 1987
Energy: D
Condition: needs-renovation

Description

T1 remodeled a few months ago, with morning sun, large living room, modern bathroom with shower in 3 different types, good bedroom with a built-in wardrobe along the entire wall, wooden floors, and a kitchen equipped with a water heater, hob, stove, microwave, refrigerator, and washing machine. House with good lighting

Income Breakdown

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Nightly Rate (ADR)
$118/night
50% ($54)Brixfox estimate($118/night)200% ($216)
Occupancy
40%
10%Brixfox estimate(40%)100%

Short-Term Rental

Yearly income
$8,506
Airbnb data$118/night · 40% occupancy
Rental income
$118/night · 40% occ.
$17,364
Running costs (20%)
Utilities, cleaning, maintenance
-$3,473
Income tax (10%)
Indonesian rental income tax
-$4,862
Property tax
Annual property tax
-$523
Net income
2.8% ROI
$8,506

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$298,913
IMT (transfer tax, investment schedule)$11,138
Imposto de Selo (stamp duty)$2,391
Notary & registration$1,359
Legal / due diligence$4,484
Total acquisition costs$19,372
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$58,696
($45,652–$71,739)
Furnishing & STR launch
1bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$14,674
All-in investment$391,654

Gross yield (asking)

5.8%

True gross yield (all-in)

4.4%

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.

$1.5M$1.1M$727K$363K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $275K
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 25: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$335K
+22%
Rental Income
+$42K
Total Position
$376K
+37%
6.5%/yr
Year 10
Capital Value
$407K
+48%
Rental Income
+$90K
Total Position
$497K
+81%
6.1%/yr
Year 20
Capital Value
$603K
+119%
Rental Income
+$210K
Total Position
$813K
+196%
5.6%/yr
Year 30
Capital Value
$892K
+224%
Rental Income
+$372K
Total Position
$1.3M
+360%
5.2%/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
Weak
2.8% annual return
Occupancy
Weak
40% average occupancy
Nightly Rate
Average
$108 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 2.8% is below the market average — model your cashflow carefully

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
2.8%
$707/mo
40% occ.
3.8%
$957/mo
current
40% occ.
3.9%
$969/mo
current
50% occ.
4.9%
$1,220/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.