T3 flat in Rua Jose Ferreiro Pai, 63, Santa Bárbara de Nexe, Faro
T3 flat in Rua Jose Ferreiro Pai, 63, Santa Bárbara de Nexe, Faro — image 2T3 flat in Rua Jose Ferreiro Pai, 63, Santa Bárbara de Nexe, Faro — image 3T3 flat in Rua Jose Ferreiro Pai, 63, Santa Bárbara de Nexe, Faro — image 4T3 flat in Rua Jose Ferreiro Pai, 63, Santa Bárbara de Nexe, Faro — image 5
Grade B+apartmentluxury

T3 flat in Rua Jose Ferreiro Pai, 63, Santa Bárbara de Nexe, Faro

Faro · Eastern Algarve ·

€520,000

Asking Price (EUR)

7.8%

True Net Yield (Owner, all-in)

5.4%

True Net Yield (Managed, all-in)

12.0%

True Gross Yield

67%

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: €73,805/yr
Average Daily Rate: €303
Payback Period: 8.3 years
5-yr Capital Value: €683,272
10-yr Capital Value: €831,305
Brixfox Score: 72.3 / 100
Comparable Properties: 3
Data Confidence: 68%
Search Radius: 4 km

True Investment Cost

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

€613,940

+18.1% over asking

Asking price€520,000
IMT — Property transfer tax (investment schedule)€29,430
IS — Stamp duty (0.8%)€4,160
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,800
Total acquisition costs€42,640
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€51,300
All-in investment (incl. renovation & furnishing)€613,940

Gross yield (asking price)

14.2%

True gross yield (all-in)

12.0%

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: 3
Bathrooms: 3
Building: 225 m²
Land: 113 m²
Style: modern
Condition: new-build
Energy Certificate: In process
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

multiple swimming poolsextensive wooden deck areamodern minimalist architectureintegrated outdoor living spaces

Score Breakdown

ROI
25
Visual Appeal
10
Ownership Security
13
Location
7.8
Land & Space
2.48
Rental Demand
7.03
Payback Speed
4
STR Suitability
3

Description

Corner T3, the only one with 3 fronts, with the largest patio in the development, featuring a 113 m2 private garden that surrounds the entire fraction. •Sales Conditions: o15% upon signing the CPCV (Promissory Contract of Purchase and Sale) o15% upon completion of the basement/garage o70% upon deed •Featured Characte

Location

📍 37.0194°N, 7.9322°W

· Faro, Algarve, Portugal

View on Red Rock Realty →Also on Idealista.pt
Idealista.pt
Faro / Eastern Algarve

T3 flat in Rua Jose Ferreiro Pai, 63, Santa Bárbara de Nexe, Faro

Inventory
3 Beds
Bathrooms
3 Baths
Built Area
225 m²
Land Plot
113 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 10.2% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score72
GradeB+
Brixfox Intelligence
72B+Strong
Score Breakdown
ROI & Yield79%
Capital Growth76%
Risk Profile73%
Market Demand72%

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
+14.0%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$98K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
10.2%
$4,808/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
9.8 yr
Rental only

Property details

Energy: In process
Condition: new-build

Description

Corner T3, the only one with 3 fronts, with the largest patio in the development, featuring a 113 m2 private garden that surrounds the entire fraction. •Sales Conditions: o15% upon signing the CPCV (Promissory Contract of Purchase and Sale) o15% upon completion of the basement/garage o70% upon deed •Featured Characte

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$439/night
50% ($202)Brixfox estimate($439/night)200% ($809)
Occupancy
70%
10%Brixfox estimate(70%)100%

Short-Term Rental

Yearly income
$57,692
Airbnb data$439/night · 70% occupancy
Rental income
$439/night · 70% occ.
$112,848
Running costs (20%)
Utilities, cleaning, maintenance
-$22,570
Income tax (10%)
Indonesian rental income tax
-$31,597
Property tax
Annual property tax
-$989
Net income
10.2% ROI
$57,692

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$565,217
IMT (transfer tax, investment schedule)$31,989
Imposto de Selo (stamp duty)$4,522
Notary & registration$1,359
Legal / due diligence$8,478
Total acquisition costs$46,348
RenovationMove-in ready
Furnishing & STR launch
3bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$55,761
All-in investment$667,326

Gross yield (asking)

20.0%

True gross yield (all-in)

16.9%

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.

$4.8M$3.6M$2.4M$1.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $520K
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 9: 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
$633K
+22%
Rental Income
+$282K
Total Position
$914K
+76%
12.0%/yr
Year 10
Capital Value
$770K
+48%
Rental Income
+$608K
Total Position
$1.4M
+165%
10.2%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$1.4M
Total Position
$2.6M
+393%
8.3%/yr
Year 30
Capital Value
$1.7M
+224%
Rental Income
+$2.5M
Total Position
$4.2M
+710%
7.2%/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
Strong
10.2% annual return
Occupancy
Good
70% average occupancy
Nightly Rate
Strong
$404 per night
Visual Appeal
Strong
9/10 instagrammability
Size & Space
Weak
113 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 10.2% — outperforms most villas in this market
Premium nightly rate of $404 — positioned in the top tier
Stunning visuals with 9/10 instagrammability — commands premium nightly rates

Watch Out

Secondary location — rental demand may be lower than premium areas
Compact plot at 113 m² — limited expansion potential

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

50% occ.
9.8%
$4,629/mo
60% occ.
11.8%
$5,565/mo
70% occ.
13.8%
$6,500/mo
current
80% occ.
15.8%
$7,436/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.