T3 flat in Rua Doutor Joaquim da Rocha Peixoto Magalhães, Alto de Santo António - Bom João - João de Deus, Faro
T3 flat in Rua Doutor Joaquim da Rocha Peixoto Magalhães, Alto de Santo António - Bom João - João de Deus, Faro — image 2T3 flat in Rua Doutor Joaquim da Rocha Peixoto Magalhães, Alto de Santo António - Bom João - João de Deus, Faro — image 3T3 flat in Rua Doutor Joaquim da Rocha Peixoto Magalhães, Alto de Santo António - Bom João - João de Deus, Faro — image 4T3 flat in Rua Doutor Joaquim da Rocha Peixoto Magalhães, Alto de Santo António - Bom João - João de Deus, Faro — image 5
Grade B+apartmentmid-range

T3 flat in Rua Doutor Joaquim da Rocha Peixoto Magalhães, Alto de Santo António - Bom João - João de Deus, Faro

Faro · Eastern Algarve ·

€432,000

Asking Price (EUR)

5.8%

True Net Yield (Owner, all-in)

4.0%

True Net Yield (Managed, all-in)

8.9%

True Gross Yield

51%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 15% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €44,842/yr
Average Daily Rate: €241
Payback Period: 11.9 years
5-yr Capital Value: €567,642
10-yr Capital Value: €690,623
Brixfox Score: 67.6 / 100
Comparable Properties: 21
Data Confidence: 93%
Search Radius: 2 km

True Investment Cost

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

€502,431

+16.3% over asking

Asking price€432,000
IMT — Property transfer tax (investment schedule)€22,390
IS — Stamp duty (0.8%)€3,456
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,480
Total acquisition costs€33,576
Renovation (est. €55/m² × 121 m²)
Light touch-ups — paint, fixtures, deep clean.		€6,655
(€3,630–€9,680)
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)€502,431

Gross yield (asking price)

10.4%

True gross yield (all-in)

8.9%

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: 2
Building: 121 m²
Style: modern
Condition: good
Year Built: 2003
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

recessed lightingminimalist decor

Score Breakdown

ROI
20.72
Visual Appeal
9.6
Ownership Security
13
Location
7.8
Land & Space
4.42
Rental Demand
5.09
Payback Speed
4
STR Suitability
3

Description

**Apartment for Sale in a Prime Location** Discover this wonderful three-bedroom apartment, ideal for those seeking comfort and practicality. With a total area of 121 m², this property offers a generous and well-distributed space, perfect for families or for those who appreciate having extra room. The two bathrooms, o

Location

📍 37.0187°N, 7.9184°W

· Faro, Algarve, Portugal

View on Vidal Propriedades →Also on Idealista.pt
Idealista.pt
Faro / Eastern Algarve

T3 flat in Rua Doutor Joaquim da Rocha Peixoto Magalhães, Alto de Santo António - Bom João - João de Deus, Faro

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

Grade B+ investment — short-term rental yields 7.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score68
GradeB+
Brixfox Intelligence
68B+Strong
Score Breakdown
ROI & Yield75%
Capital Growth71%
Risk Profile70%
Market Demand68%

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
+10.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$81K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.1%
$2,772/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
9 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
14.1 yr
Rental only

Property details

Year built: 2003
Energy: C
Condition: good

Description

**Apartment for Sale in a Prime Location** Discover this wonderful three-bedroom apartment, ideal for those seeking comfort and practicality. With a total area of 121 m², this property offers a generous and well-distributed space, perfect for families or for those who appreciate having extra room. The two bathrooms, o

Income Breakdown

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Nightly Rate (ADR)
$353/night
50% ($162)Brixfox estimate($353/night)200% ($650)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$33,268
Airbnb data$353/night · 51% occupancy
Rental income
$353/night · 51% occ.
$65,557
Running costs (20%)
Utilities, cleaning, maintenance
-$13,111
Income tax (10%)
Indonesian rental income tax
-$18,356
Property tax
Annual property tax
-$822
Net income
7.1% ROI
$33,268

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$469,565
IMT (transfer tax, investment schedule)$24,337
Imposto de Selo (stamp duty)$3,757
Notary & registration$1,359
Legal / due diligence$7,043
Total acquisition costs$36,496
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$7,234
($3,946–$10,522)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$546,121

Gross yield (asking)

14.0%

True gross yield (all-in)

12.0%

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.

$3.3M$2.5M$1.6M$821K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $432K
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 12: 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
$526K
+22%
Rental Income
+$162K
Total Position
$688K
+59%
9.8%/yr
Year 10
Capital Value
$639K
+48%
Rental Income
+$351K
Total Position
$990K
+129%
8.6%/yr
Year 20
Capital Value
$947K
+119%
Rental Income
+$822K
Total Position
$1.8M
+309%
7.3%/yr
Year 30
Capital Value
$1.4M
+224%
Rental Income
+$1.5M
Total Position
$2.9M
+561%
6.5%/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
7.1% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$325 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $325 — 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.
5.8%
$2,252/mo
41% occ.
7.7%
$3,004/mo
51% occ.
9.6%
$3,756/mo
current
61% occ.
11.5%
$4,507/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.