T1 flat in Praceta Projecta À Rua Miguel Bombarda, 8, Alto Rodes, Faro
T1 flat in Praceta Projecta À Rua Miguel Bombarda, 8, Alto Rodes, Faro — image 2T1 flat in Praceta Projecta À Rua Miguel Bombarda, 8, Alto Rodes, Faro — image 3
Grade C+apartmentbudget

T1 flat in Praceta Projecta À Rua Miguel Bombarda, 8, Alto Rodes, Faro

Faro · Eastern Algarve ·

€154,000

Asking Price (EUR)

4.0%

True Net Yield (Owner, all-in)

2.0%

True Net Yield (Managed, all-in)

6.2%

True Gross Yield

42%

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: €10,955/yr
Average Daily Rate: €72
-45.0% vs area baselineImage quality 5/10 (-6%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 56.5 years
5-yr Capital Value: €178,528
10-yr Capital Value: €206,963
Brixfox Score: 45.9 / 100
Comparable Properties: 100
Data Confidence: 97%
Search Radius: 2 km

True Investment Cost

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

€177,760

+15.4% over asking

Asking price€154,000
IMT — Property transfer tax (investment schedule)€2,498
IS — Stamp duty (0.8%)€1,232
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,310
Total acquisition costs€7,290
Renovation (est. €55/m² × 54 m²)
Light touch-ups — paint, fixtures, deep clean.		€2,970
(€1,620–€4,320)
Furnishing & STR launch (1bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€13,500
All-in investment (incl. renovation & furnishing)€177,760

Gross yield (asking price)

7.1%

True gross yield (all-in)

6.2%

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: 1
Bathrooms: 1
Building: 54 m²
Style: dated
Condition: good
Energy Certificate: In process

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

enclosed balconies

Score Breakdown

ROI
7.08
Visual Appeal
6.8
Ownership Security
13
Location
7.8
Land & Space
3.08
Rental Demand
4.17
Payback Speed
0
STR Suitability
4

Description

The property is leased with a long-term contract.

Location

📍 37.0214°N, 7.9411°W

· Faro, Algarve, Portugal

View on Idealista.pt
T1 flat in Praceta Projecta À Rua Miguel Bombarda, 8, Alto Rodes, Faro
Idealista.pt
Source verified

T1 flat in Praceta Projecta À Rua Miguel Bombarda, 8, Alto Rodes, Faro

Faro · Eastern Algarve · Freehold · Ref BF-2956
Ownership
Freehold
Bedrooms
1
Bathrooms
1
Built area
54 m²
True net yield
1.8%
≈ $790/mo net after costs & tax
Brixfox Score 46 · C+

Property details

Energy: In process
Condition: good

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.

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Customize your projections
Nightly Rate (ADR)
$104/night
50% ($48)Brixfox estimate($104/night)200% ($191)
Occupancy
42%
10%Brixfox estimate(42%)100%

Short-Term Rental

Yearly income
$7,588
Airbnb data$104/night · 42% occupancy
Rental income
$104/night · 42% occ.
$14,592
Running costs (20%)
Utilities, cleaning, maintenance
-$2,918
Income tax (10%)
Indonesian rental income tax
-$4,086
Property tax
Annual property tax
-$0
Net income
4.5% ROI
$7,588

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

1.8%

on all-in cost of $196,165

Scenario
Pre-tax
After-tax
Owner-managed
4.8%
4.2%
Fully-managed
2.4%
1.8%
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

7.4%

Annual Revenue

$14,592

Income Tax / yr

$1,277

Payback

56 yrs

True All-In Cost
Asking price$167,391
IMT — transfer tax (non-resident 7.5%)$12,554
Stamp duty (0.8%)$1,339
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$8,696
All-in cost$196,165

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Faro.

$956K$717K$478K$239K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $154K
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 18: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$187K
+22%
Rental Income
+$37K
Total Position
$224K
+46%
7.8%/yr
Year 10
Capital Value
$228K
+48%
Rental Income
+$80K
Total Position
$308K
+100%
7.2%/yr
Year 20
Capital Value
$337K
+119%
Rental Income
+$188K
Total Position
$525K
+241%
6.3%/yr
Year 30
Capital Value
$499K
+224%
Rental Income
+$332K
Total Position
$832K
+440%
5.8%/yr

Location

Faro

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
4.5% annual return
Occupancy
Weak
42% average occupancy
Nightly Rate
Average
$95 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
Yield of 4.5% 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.
4.7%
$662/mo
40% occ.
6.3%
$883/mo
42% occ.
6.6%
$919/mo
current
52% occ.
8.2%
$1,140/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
$167,391
1.8%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.