T3 flat in Rua Doutor Cândido Guerreiro, 8, Centro, Faro
T3 flat in Rua Doutor Cândido Guerreiro, 8, Centro, Faro — image 2T3 flat in Rua Doutor Cândido Guerreiro, 8, Centro, Faro — image 3T3 flat in Rua Doutor Cândido Guerreiro, 8, Centro, Faro — image 4T3 flat in Rua Doutor Cândido Guerreiro, 8, Centro, Faro — image 5
Grade B+apartmentmid-range

T3 flat in Rua Doutor Cândido Guerreiro, 8, Centro, Faro

Faro · Eastern Algarve ·

€349,000

Asking Price (EUR)

9.3%

True Net Yield (Owner, all-in)

6.5%

True Net Yield (Managed, all-in)

11.3%

True Gross Yield

51%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.2 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €46,311/yr
Average Daily Rate: €247
Payback Period: 14.1 years
5-yr Capital Value: €404,587
10-yr Capital Value: €469,027
Brixfox Score: 74.7 / 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.

€410,717

+17.7% over asking

Asking price€349,000
IMT — Property transfer tax (investment schedule)€15,750
IS — Stamp duty (0.8%)€2,792
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,235
Total acquisition costs€25,027
Renovation (est. €55/m² × 118 m²)
Light touch-ups — paint, fixtures, deep clean.		€6,490
(€3,540–€9,440)
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)€410,717

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: 118 m²
Style: contemporary
Condition: good
Year Built: 1976
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

two-tone wall paintdeer head wall art

Score Breakdown

ROI
23.24
Visual Appeal
12.2
Ownership Security
13
Location
7.8
Land & Space
4.36
Rental Demand
5.14
Payback Speed
5
STR Suitability
4

Description

There are good apartments… and then there are those that truly make sense. This 3-bedroom apartment in the center of Faro, next to the Faro District Hospital, is one of those rare cases where location, space, and light align perfectly. Located on the eighth floor, with three facades, the apartment offers impressive n

Location

📍 37.0182°N, 7.9275°W

· Faro, Algarve, Portugal

View on ERA Faro →Also on Idealista.pt
T3 flat in Rua Doutor Cândido Guerreiro, 8, Centro, Faro
Idealista.pt
Source verified

T3 flat in Rua Doutor Cândido Guerreiro, 8, Centro, Faro

Faro · Eastern Algarve · Freehold · Ref BF-2247
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
118 m²
True net yield
7.1%
≈ $4,236/mo net after costs & tax
Brixfox Score 75 · B+

Property details

Year built: 1976
Energy: C
Condition: good

Description

There are good apartments… and then there are those that truly make sense. This 3-bedroom apartment in the center of Faro, next to the Faro District Hospital, is one of those rare cases where location, space, and light align perfectly. Located on the eighth floor, with three facades, the apartment offers impressive n

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$355/night
50% ($163)Brixfox estimate($355/night)200% ($653)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$32,077
Airbnb data$355/night · 51% occupancy
Rental income
$355/night · 51% occ.
$61,686
Running costs (20%)
Utilities, cleaning, maintenance
-$12,337
Income tax (10%)
Indonesian rental income tax
-$17,272
Property tax
Annual property tax
-$0
Net income
8.5% ROI
$32,077

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

7.1%

on all-in cost of $426,370

Scenario
Pre-tax
After-tax
Owner-managed
11.9%
10.7%
Fully-managed
8.4%
7.1%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

14.5%

Annual Revenue

$61,686

Income Tax / yr

$5,398

Payback

14 yrs

True All-In Cost
Asking price$379,348
IMT — transfer tax (non-resident 7.5%)$28,451
Stamp duty (0.8%)$3,035
Notary + registry$2,174
Legal$4,666
Furnishing + STR launch$8,696
All-in cost$426,370

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Faro.

$2.9M$2.2M$1.5M$729K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $349K
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 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$425K
+22%
Rental Income
+$157K
Total Position
$581K
+67%
10.7%/yr
Year 10
Capital Value
$517K
+48%
Rental Income
+$338K
Total Position
$855K
+145%
9.4%/yr
Year 20
Capital Value
$765K
+119%
Rental Income
+$793K
Total Position
$1.6M
+346%
7.8%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$1.4M
Total Position
$2.5M
+627%
6.8%/yr

Location

Faro

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
8.5% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$327 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 8.5% — outperforms most villas in this market
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.
7.5%
$2,374/mo
41% occ.
9.9%
$3,130/mo
51% occ.
12.3%
$3,886/mo
current
61% occ.
14.7%
$4,642/mo

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Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.

Asking price · Freehold
$379,348
7.1%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.