T3 flat in Rua do Alportel, 289 R/c, Horta das Figuras - Lejana - Senhora da Saúde, Faro
T3 flat in Rua do Alportel, 289 R/c, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 2T3 flat in Rua do Alportel, 289 R/c, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 3T3 flat in Rua do Alportel, 289 R/c, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 4T3 flat in Rua do Alportel, 289 R/c, Horta das Figuras - Lejana - Senhora da Saúde, Faro — image 5
Grade Bapartmentmid-range

T3 flat in Rua do Alportel, 289 R/c, Horta das Figuras - Lejana - Senhora da Saúde, Faro

Faro · Eastern Algarve ·

€450,000

Asking Price (EUR)

5.7%

True Net Yield (Owner, all-in)

3.9%

True Net Yield (Managed, all-in)

8.7%

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: €44,844/yr
Average Daily Rate: €243
Payback Period: 12.3 years
5-yr Capital Value: €591,293
10-yr Capital Value: €719,399
Brixfox Score: 64.1 / 100
Comparable Properties: 23
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.

€515,630

+14.6% over asking

Asking price€450,000
IMT — Property transfer tax (investment schedule)€23,830
IS — Stamp duty (0.8%)€3,600
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,750
Total acquisition costs€35,430
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)€515,630

Gross yield (asking price)

10.0%

True gross yield (all-in)

8.7%

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: 1
Building: 217 m²
Land: 80 m²
Style: contemporary
Condition: excellent
Energy Certificate: D

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

long hallwaymodern wall artminimalist black console table

Score Breakdown

ROI
20.24
Visual Appeal
10.2
Ownership Security
13
Location
7.8
Land & Space
1.77
Rental Demand
5.06
Payback Speed
3
STR Suitability
3

Description

V3 Remodeled with +80m² of Patios | Ready to Rent | Faro Direct sale by owner | No commissions Rare opportunity in Faro: fully remodeled and furnished ground floor house, with over 80m² of private patios — ideal for those seeking outdoor space, comfort, and immediate profitability. Key features: V3 with excellent lay

Location

📍 37.0285°N, 7.9321°W

· Faro, Algarve, Portugal

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

T3 flat in Rua do Alportel, 289 R/c, Horta das Figuras - Lejana - Senhora da Saúde, Faro

Inventory
3 Beds
Bathrooms
1 Baths
Built Area
217 m²
Land Plot
80 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 6.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score64
GradeB
Brixfox Intelligence
64BStrong
Score Breakdown
ROI & Yield70%
Capital Growth67%
Risk Profile66%
Market Demand64%

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
+10.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$84K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.8%
$2,780/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
14.7 yr
Rental only

Property details

Energy: D
Condition: excellent

Description

V3 Remodeled with +80m² of Patios | Ready to Rent | Faro Direct sale by owner | No commissions Rare opportunity in Faro: fully remodeled and furnished ground floor house, with over 80m² of private patios — ideal for those seeking outdoor space, comfort, and immediate profitability. Key features: V3 with excellent lay

Income Breakdown

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Nightly Rate (ADR)
$356/night
50% ($164)Brixfox estimate($356/night)200% ($655)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$33,362
Airbnb data$356/night · 51% occupancy
Rental income
$356/night · 51% occ.
$65,804
Running costs (20%)
Utilities, cleaning, maintenance
-$13,161
Income tax (10%)
Indonesian rental income tax
-$18,425
Property tax
Annual property tax
-$856
Net income
6.8% ROI
$33,362

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$489,130
IMT (transfer tax, investment schedule)$25,902
Imposto de Selo (stamp duty)$3,913
Notary & registration$1,359
Legal / due diligence$7,337
Total acquisition costs$38,511
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$560,467

Gross yield (asking)

13.5%

True gross yield (all-in)

11.7%

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.

$3.4M$2.5M$1.7M$839K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $450K
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 13: 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
$547K
+22%
Rental Income
+$163K
Total Position
$710K
+58%
9.6%/yr
Year 10
Capital Value
$666K
+48%
Rental Income
+$352K
Total Position
$1.0M
+126%
8.5%/yr
Year 20
Capital Value
$986K
+119%
Rental Income
+$825K
Total Position
$1.8M
+302%
7.2%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$1.5M
Total Position
$2.9M
+549%
6.4%/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
6.8% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$327 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
80 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $327 — 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.
5.5%
$2,252/mo
41% occ.
7.4%
$3,009/mo
51% occ.
9.2%
$3,767/mo
current
61% occ.
11.1%
$4,525/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.