T3 flat in Rua José Rosário da Silva, Alto de Santo António - Bom João - João de Deus, Faro
T3 flat in Rua José Rosário da Silva, Alto de Santo António - Bom João - João de Deus, Faro — image 2T3 flat in Rua José Rosário da Silva, Alto de Santo António - Bom João - João de Deus, Faro — image 3T3 flat in Rua José Rosário da Silva, Alto de Santo António - Bom João - João de Deus, Faro — image 4T3 flat in Rua José Rosário da Silva, Alto de Santo António - Bom João - João de Deus, Faro — image 5
Grade B+apartmentmid-range

T3 flat in Rua José Rosário da Silva, Alto de Santo António - Bom João - João de Deus, Faro

Faro · Eastern Algarve ·

€370,000

Asking Price (EUR)

7.4%

True Net Yield (Owner, all-in)

5.1%

True Net Yield (Managed, all-in)

11.3%

True Gross Yield

51%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.6 months ago and is currently at 14% 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: €49,200/yr
Average Daily Rate: €264
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 9.3 years
5-yr Capital Value: €486,174
10-yr Capital Value: €591,506
Brixfox Score: 72.7 / 100
Comparable Properties: 21
Data Confidence: 92%
Search Radius: 2 km

True Investment Cost

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

€433,825

+17.3% over asking

Asking price€370,000
IMT — Property transfer tax (investment schedule)€17,430
IS — Stamp duty (0.8%)€2,960
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,550
Total acquisition costs€27,190
Renovation (est. €55/m² × 117 m²)
Light touch-ups — paint, fixtures, deep clean.		€6,435
(€3,510–€9,360)
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)€433,825

Gross yield (asking price)

13.3%

True gross yield (all-in)

11.3%

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: 3
Bathrooms: 2
Building: 117 m²
Style: contemporary
Condition: good
Year Built: 2003
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

balcony with viewopen-plan living/dining

Score Breakdown

ROI
24.29
Visual Appeal
11.2
Ownership Security
13
Location
7.8
Land & Space
4.34
Rental Demand
5.11
Payback Speed
4
STR Suitability
3

Description

Condo/Apartment T3 for sale.

Location

📍 37.0146°N, 7.9169°W

· Faro, Algarve, Portugal

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Idealista.pt
Faro / Eastern Algarve

T3 flat in Rua José Rosário da Silva, Alto de Santo António - Bom João - João de Deus, Faro

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

Grade B+ investment — short-term rental yields 9.2% net return annually.

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The Investment

Brixfox Score73
GradeB+
Brixfox Intelligence
73B+Strong
Score Breakdown
ROI & Yield80%
Capital Growth77%
Risk Profile74%
Market Demand73%

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
+12.9%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$69K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
9.2%
$3,069/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
10.9 yr
Rental only

Property details

Year built: 2003
Energy: C
Condition: good

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$387/night
50% ($178)Brixfox estimate($387/night)200% ($713)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$36,832
Airbnb data$387/night · 51% occupancy
Rental income
$387/night · 51% occ.
$72,185
Running costs (20%)
Utilities, cleaning, maintenance
-$14,437
Income tax (10%)
Indonesian rental income tax
-$20,212
Property tax
Annual property tax
-$704
Net income
9.2% ROI
$36,832

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$402,174
IMT (transfer tax, investment schedule)$18,946
Imposto de Selo (stamp duty)$3,217
Notary & registration$1,359
Legal / due diligence$6,033
Total acquisition costs$29,554
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$6,995
($3,815–$10,174)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$471,549

Gross yield (asking)

17.9%

True gross yield (all-in)

15.3%

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.

$3.2M$2.4M$1.6M$809K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $370K
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 10: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$450K
+22%
Rental Income
+$180K
Total Position
$630K
+70%
11.2%/yr
Year 10
Capital Value
$548K
+48%
Rental Income
+$388K
Total Position
$936K
+153%
9.7%/yr
Year 20
Capital Value
$811K
+119%
Rental Income
+$911K
Total Position
$1.7M
+365%
8.0%/yr
Year 30
Capital Value
$1.2M
+224%
Rental Income
+$1.6M
Total Position
$2.8M
+660%
7.0%/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
Strong
9.2% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$356 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

High rental yield at 9.2% — outperforms most villas in this market
Premium nightly rate of $356 — 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.
7.5%
$2,503/mo
41% occ.
9.9%
$3,327/mo
51% occ.
12.4%
$4,152/mo
current
61% occ.
14.8%
$4,977/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.