Detached house in Rua da Boavista, Centro, Faro
Detached house in Rua da Boavista, Centro, Faro — image 2Detached house in Rua da Boavista, Centro, Faro — image 3Detached house in Rua da Boavista, Centro, Faro — image 4Detached house in Rua da Boavista, Centro, Faro — image 5
Grade B+villamid-range

Detached house in Rua da Boavista, Centro, Faro

Faro · Eastern Algarve ·

€240,000

Asking Price (EUR)

6.9%

True Net Yield (Owner, all-in)

4.8%

True Net Yield (Managed, all-in)

10.6%

True Gross Yield

50%

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: €42,241/yr
Average Daily Rate: €232
-6.0% vs area baselineImage quality 5/10 (-6%), Modern/contemporary style (+12%), No pool (-12%)
Payback Period: 7.1 years
5-yr Capital Value: €315,356
10-yr Capital Value: €383,679
Brixfox Score: 67.1 / 100
Comparable Properties: 23
Data Confidence: 98%
Search Radius: 2 km

True Investment Cost

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

€399,267

+66.4% over asking

Asking price€240,000
IMT — Property transfer tax (investment schedule)€7,797
IS — Stamp duty (0.8%)€1,920
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,600
Total acquisition costs€14,567
Renovation (est. €900/m² × 125 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€112,500
(€87,500–€137,500)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€399,267

Gross yield (asking price)

17.6%

True gross yield (all-in)

10.6%

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: 3
Building: 125 m²
Land: 58 m²
Style: modern
Condition: needs-renovation
Year Built: 1951
Energy Certificate: Exempt

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
25
Visual Appeal
6.8
Ownership Security
13
Location
7.8
Land & Space
1.55
Rental Demand
5
Payback Speed
5
STR Suitability
3

Description

Land for sale.

Location

📍 37.0189°N, 7.9346°W

· Faro, Algarve, Portugal

View on RE/MAX MERCADO →Also on Idealista.pt
Idealista.pt
Faro / Eastern Algarve

Detached house in Rua da Boavista, Centro, Faro

Inventory
3 Beds
Bathrooms
3 Baths
Built Area
125 m²
Land Plot
58 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 12.0% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score67
GradeB+
Brixfox Intelligence
67B+Strong
Score Breakdown
ROI & Yield74%
Capital Growth70%
Risk Profile69%
Market Demand67%

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
+15.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$45K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
12.0%
$2,616/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
6 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
8.3 yr
Rental only

Property details

Year built: 1951
Energy: Exempt
Condition: needs-renovation

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$336/night
50% ($154)Brixfox estimate($336/night)200% ($618)
Occupancy
50%
10%Brixfox estimate(50%)100%

Short-Term Rental

Yearly income
$31,396
Airbnb data$336/night · 50% occupancy
Rental income
$336/night · 50% occ.
$61,255
Running costs (20%)
Utilities, cleaning, maintenance
-$12,251
Income tax (10%)
Indonesian rental income tax
-$17,152
Property tax
Annual property tax
-$457
Net income
12.0% ROI
$31,396

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$260,870
IMT (transfer tax, investment schedule)$8,475
Imposto de Selo (stamp duty)$2,087
Notary & registration$1,359
Legal / due diligence$3,913
Total acquisition costs$15,834
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$122,283
($95,109–$149,457)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$431,812

Gross yield (asking)

23.5%

True gross yield (all-in)

14.2%

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.

$2.5M$1.9M$1.2M$619K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $240K
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 8: rental income alone has repaid the full purchase price.
2x return
Year 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$292K
+22%
Rental Income
+$153K
Total Position
$445K
+86%
13.2%/yr
Year 10
Capital Value
$355K
+48%
Rental Income
+$331K
Total Position
$686K
+186%
11.1%/yr
Year 20
Capital Value
$526K
+119%
Rental Income
+$776K
Total Position
$1.3M
+443%
8.8%/yr
Year 30
Capital Value
$778K
+224%
Rental Income
+$1.4M
Total Position
$2.2M
+797%
7.6%/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
12.0% annual return
Occupancy
Average
50% average occupancy
Nightly Rate
Strong
$309 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Weak
58 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 12.0% — outperforms most villas in this market
Premium nightly rate of $309 — 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 50% — 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.
9.7%
$2,107/mo
40% occ.
13.0%
$2,821/mo
50% occ.
16.3%
$3,535/mo
current
60% occ.
19.5%
$4,250/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.