T2 flat in Estrada da Senhora da Saude, 48, Alto Rodes, Faro
T2 flat in Estrada da Senhora da Saude, 48, Alto Rodes, Faro — image 2T2 flat in Estrada da Senhora da Saude, 48, Alto Rodes, Faro — image 3T2 flat in Estrada da Senhora da Saude, 48, Alto Rodes, Faro — image 4T2 flat in Estrada da Senhora da Saude, 48, Alto Rodes, Faro — image 5
Grade Bapartmentbudget

T2 flat in Estrada da Senhora da Saude, 48, Alto Rodes, Faro

Faro · Eastern Algarve ·

€175,000

Asking Price (EUR)

5.2%

True Net Yield (Owner, all-in)

3.6%

True Net Yield (Managed, all-in)

8.0%

True Gross Yield

48%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.5 months ago and is currently at 13% 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: €17,618/yr
Average Daily Rate: €100
-45.0% vs area baselineImage quality 5/10 (-6%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 12.2 years
5-yr Capital Value: €229,947
10-yr Capital Value: €279,766
Brixfox Score: 61.9 / 100
Comparable Properties: 76
Data Confidence: 96%
Search Radius: 2 km

True Investment Cost

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

€219,573

+25.5% over asking

Asking price€175,000
IMT — Property transfer tax (investment schedule)€3,548
IS — Stamp duty (0.8%)€1,400
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,625
Total acquisition costs€8,823
Renovation (est. €350/m² × 54 m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		€18,900
(€13,500–€24,300)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€16,850
All-in investment (incl. renovation & furnishing)€219,573

Gross yield (asking price)

10.1%

True gross yield (all-in)

8.0%

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: 2
Bathrooms: 1
Building: 54 m²
Style: dated
Condition: fair
Energy Certificate: Exempt

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

blue accent wall with 'LOVE' letters

Score Breakdown

ROI
20.41
Visual Appeal
6.8
Ownership Security
13
Location
7.8
Land & Space
3.08
Rental Demand
4.81
Payback Speed
3
STR Suitability
3

Description

T1+1 apartment in Faro Ground floor apartment, renovated. Comprising 2 bedrooms with built-in wardrobes, living room, kitchen, and bathroom. South-facing. For investment and ready to move in.

Location

📍 37.0235°N, 7.9391°W

· Faro, Algarve, Portugal

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

T2 flat in Estrada da Senhora da Saude, 48, Alto Rodes, Faro

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

Grade B investment — short-term rental yields 6.9% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score62
GradeB
Brixfox Intelligence
62BStrong
Score Breakdown
ROI & Yield68%
Capital Growth65%
Risk Profile64%
Market Demand62%

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
+10.7%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$33K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.9%
$1,096/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
14.5 yr
Rental only

Property details

Energy: Exempt
Condition: fair

Description

T1+1 apartment in Faro Ground floor apartment, renovated. Comprising 2 bedrooms with built-in wardrobes, living room, kitchen, and bathroom. South-facing. For investment and ready to move in.

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$148/night
50% ($68)Brixfox estimate($148/night)200% ($272)
Occupancy
48%
10%Brixfox estimate(48%)100%

Short-Term Rental

Yearly income
$13,155
Airbnb data$148/night · 48% occupancy
Rental income
$148/night · 48% occ.
$25,939
Running costs (20%)
Utilities, cleaning, maintenance
-$5,188
Income tax (10%)
Indonesian rental income tax
-$7,263
Property tax
Annual property tax
-$333
Net income
6.9% ROI
$13,155

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$190,217
IMT (transfer tax, investment schedule)$3,857
Imposto de Selo (stamp duty)$1,522
Notary & registration$1,359
Legal / due diligence$2,853
Total acquisition costs$9,590
Renovation (~$380/m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		$20,543
($14,674–$26,413)
Furnishing & STR launch
2bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$18,315
All-in investment$238,666

Gross yield (asking)

13.6%

True gross yield (all-in)

10.9%

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.

$1.3M$986K$657K$329K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $175K
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
$213K
+22%
Rental Income
+$64K
Total Position
$277K
+58%
9.6%/yr
Year 10
Capital Value
$259K
+48%
Rental Income
+$139K
Total Position
$398K
+127%
8.6%/yr
Year 20
Capital Value
$383K
+119%
Rental Income
+$325K
Total Position
$709K
+305%
7.2%/yr
Year 30
Capital Value
$568K
+224%
Rental Income
+$576K
Total Position
$1.1M
+553%
6.5%/yr

Location

Faro

Eastern Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

No nearby Airbnb listings found

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
6.9% annual return
Occupancy
Average
48% average occupancy
Nightly Rate
Good
$136 per night
Visual Appeal
Weak
3/10 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
Occupancy at 48% — 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.
5.8%
$916/mo
40% occ.
7.8%
$1,231/mo
48% occ.
9.4%
$1,485/mo
current
58% occ.
11.4%
$1,800/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.