T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro
T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro — image 2T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro — image 3T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro — image 4T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro — image 5
apartmentmid-range

T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro

Faro · Eastern Algarve ·

€345,000

Asking Price (EUR)

Limited comps — indicative only

Revenue projections are based on limited comparable data (0 comps, low confidence).

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.

True Investment Cost

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

€405,645

+17.6% over asking

Asking price€345,000
IMT — Property transfer tax (investment schedule)€15,430
IS — Stamp duty (0.8%)€2,760
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,175
Total acquisition costs€24,615
Renovation (est. €55/m² × 106 m²)
Light touch-ups — paint, fixtures, deep clean.		€5,830
(€3,180–€8,480)
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)€405,645

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: 106 m²
Style: portuguese-traditional
Condition: good
Year Built: 2004
Energy Certificate: E

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

balconies with decorative railingstraditional window shutters

Description

Pedro Lopes (Contact for more information or visit) T3 | Downtown Faro T3 apartment, with EXCELLENT LOCATION in Downtown Faro, in a QUIET, residential area with easy ACCESS. Close to the main schools and points of commerce and services. It has three bedrooms, all with built-in wardrobes, two bathrooms. With STORAG

Location

📍 37.0139°N, 7.9294°W

· Faro, Algarve, Portugal

View on Idealista.pt
T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro
Idealista.pt
Source verified

T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro

Faro · Eastern Algarve · Freehold · Ref BF-2581
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
106 m²
True net yield
0.0%
0

Property details

Year built: 2004
Energy: E
Condition: good

Description

Pedro Lopes (Contact for more information or visit) T3 | Downtown Faro T3 apartment, with EXCELLENT LOCATION in Downtown Faro, in a QUIET, residential area with easy ACCESS. Close to the main schools and points of commerce and services. It has three bedrooms, all with built-in wardrobes, two bathrooms. With STORAG

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.

Short-Term Rental

No STR data available for this property

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Faro.

$1.2M$906K$604K$302K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Today: $345K
Capital appreciation
Property value growing at +4%/yr based on Faro market trends.
Year 5
Capital Value
$420K
+22%
Year 10
Capital Value
$511K
+48%
Year 20
Capital Value
$756K
+119%
Year 30
Capital Value
$1.1M
+224%

Location

Faro

Eastern Algarve, Approximate area

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

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
0.0% annual return
Occupancy
Weak
0% average occupancy
Nightly Rate
Weak
$0 per night
Visual Appeal
Average
4/10 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 0.0% is below the market average — model your cashflow carefully

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

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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
$375,000
0.0%
Net yield
View original listing
Source verified · Idealista.pt · listed 3 May 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.