T3 flat in Penha - Vale da Amoreira, Faro
T3 flat in Penha - Vale da Amoreira, Faro — image 2T3 flat in Penha - Vale da Amoreira, Faro — image 3T3 flat in Penha - Vale da Amoreira, Faro — image 4T3 flat in Penha - Vale da Amoreira, Faro — image 5
Grade C+apartmentbudget

T3 flat in Penha - Vale da Amoreira, Faro

Faro · Eastern Algarve ·

€295,000

Asking Price (EUR)

4.6%

True Net Yield (Owner, all-in)

2.9%

True Net Yield (Managed, all-in)

6.1%

True Gross Yield

48%

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: €22,663/yr
Average Daily Rate: €128
-48.0% vs area baselineImage quality 4/10 (-9%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 30.7 years
5-yr Capital Value: €341,986
10-yr Capital Value: €396,455
Brixfox Score: 53.3 / 100
Comparable Properties: 23
Data Confidence: 92%
Search Radius: 2 km

True Investment Cost

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

€368,832

+25.0% over asking

Asking price€295,000
IMT — Property transfer tax (investment schedule)€11,647
IS — Stamp duty (0.8%)€2,360
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,425
Total acquisition costs€19,682
Renovation (est. €350/m² × 97 m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		€33,950
(€24,250–€43,650)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€20,200
All-in investment (incl. renovation & furnishing)€368,832

Gross yield (asking price)

7.7%

True gross yield (all-in)

6.1%

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: 97 m²
Style: dated
Condition: fair
Year Built: 1986
Energy Certificate: In process

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
12.38
Visual Appeal
5.4
Ownership Security
13
Location
7.8
Land & Space
3.94
Rental Demand
4.83
Payback Speed
2
STR Suitability
4

Description

3-bedroom apartment in Faro, an unmissable opportunity! With a generous area, this property stands out for its excellent natural light exposure and its prime location, close to all the amenities needed for your daily life. The apartment features a functional layout, with three spacious bedrooms and two bathrooms. Th

Location

📍 37.0288°N, 7.9304°W

· Faro, Algarve, Portugal

View on CENTURY 21 West Consulting →Also on Idealista.pt
T3 flat in Penha - Vale da Amoreira, Faro
Idealista.pt
Source verified

T3 flat in Penha - Vale da Amoreira, Faro

Faro · Eastern Algarve · Freehold · Ref BF-2552
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
97 m²
True net yield
3.3%
≈ $1,882/mo net after costs & tax
Brixfox Score 53 · C+

Property details

Year built: 1986
Energy: In process
Condition: fair

Description

3-bedroom apartment in Faro, an unmissable opportunity! With a generous area, this property stands out for its excellent natural light exposure and its prime location, close to all the amenities needed for your daily life. The apartment features a functional layout, with three spacious bedrooms and two bathrooms. Th

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)
$185/night
50% ($85)Brixfox estimate($185/night)200% ($340)
Occupancy
48%
10%Brixfox estimate(48%)100%

Short-Term Rental

Yearly income
$15,697
Airbnb data$185/night · 48% occupancy
Rental income
$185/night · 48% occ.
$30,186
Running costs (20%)
Utilities, cleaning, maintenance
-$6,037
Income tax (10%)
Indonesian rental income tax
-$8,452
Property tax
Annual property tax
-$0
Net income
4.9% ROI
$15,697

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

Exact location

Net Yield · Fully-Managed · After Tax

3.3%

on all-in cost of $362,147

Scenario
Pre-tax
After-tax
Owner-managed
6.2%
5.5%
Fully-managed
4.0%
3.3%
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

8.3%

Annual Revenue

$30,186

Income Tax / yr

$2,641

Payback

31 yrs

True All-In Cost
Asking price$320,652
IMT — transfer tax (non-resident 7.5%)$24,049
Stamp duty (0.8%)$2,565
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$8,696
All-in cost$362,147

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Faro.

$1.9M$1.4M$945K$473K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $295K
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 17: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$359K
+22%
Rental Income
+$77K
Total Position
$436K
+48%
8.1%/yr
Year 10
Capital Value
$437K
+48%
Rental Income
+$166K
Total Position
$602K
+104%
7.4%/yr
Year 20
Capital Value
$646K
+119%
Rental Income
+$388K
Total Position
$1.0M
+251%
6.5%/yr
Year 30
Capital Value
$957K
+224%
Rental Income
+$687K
Total Position
$1.6M
+457%
5.9%/yr

Location

Faro

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
4.9% annual return
Occupancy
Average
48% average occupancy
Nightly Rate
Good
$170 per night
Visual Appeal
Weak
2/10 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
Yield of 4.9% is near the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
4.4%
$1,181/mo
40% occ.
5.9%
$1,574/mo
48% occ.
7.1%
$1,902/mo
current
58% occ.
8.6%
$2,295/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
$320,652
3.3%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.