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Detached house in Rua das Olarias, Alto Rodes, Faro
Detached house in Rua das Olarias, Alto Rodes, Faro — image 2Detached house in Rua das Olarias, Alto Rodes, Faro — image 3Detached house in Rua das Olarias, Alto Rodes, Faro — image 4Detached house in Rua das Olarias, Alto Rodes, Faro — image 5
Grade Bvillamid-range

Detached house in Rua das Olarias, Alto Rodes, Faro

Faro · Eastern Algarve ·

€595,000

Asking Price (EUR)

4.6%

True Net Yield (Owner, all-in)

3.1%

True Net Yield (Managed, all-in)

6.4%

True Gross Yield

47%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.9 months ago and is currently at 24% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.77, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €43,470/yr
Average Daily Rate: €252
-10.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%)
Payback Period: 33.3 years
5-yr Capital Value: €689,768
10-yr Capital Value: €799,630
Brixfox Score: 56.7 / 100
Comparable Properties: 21
Data Confidence: 96%
Search Radius: 2 km

True Investment Cost

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

€684,330

+15.0% over asking

Asking price€595,000
IMT — Property transfer tax (investment schedule)€35,430
IS — Stamp duty (0.8%)€4,760
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,925
Total acquisition costs€50,365
Renovation (est. €55/m² × 123 m²)
Light touch-ups — paint, fixtures, deep clean.		€6,765
(€3,690–€9,840)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€684,330

Gross yield (asking price)

7.3%

True gross yield (all-in)

6.4%

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: 123 m²
Style: portuguese-traditional
Condition: good
Year Built: 1950

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional portuguese facade detailsherringbone parquet flooring

Score Breakdown

ROI
11.54
Visual Appeal
10.2
Ownership Security
13
Location
7.8
Land & Space
4.46
Rental Demand
4.72
Payback Speed
1
STR Suitability
4

Description

House T3 for sale.

Location

📍 37.0238°N, 7.9358°W

· Faro, Algarve, Portugal

Visit RE/MAX Select →Listed via Idealista.pt
3-bedroom freehold villa in Faro — photo 1 of 5
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3-bedroom freehold villa in Faro — photo 5 of 5

Detached house in Rua das Olarias, Alto Rodes, Faro

Faro · Eastern Algarve · Ref BF-75005 Source verified · RE/MAX Select · listed 2 Jun 2026
Asking price · Freehold
$646,739
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
123 m²
True net yield
3.0%
≈ $3,426/mo net after costs & tax
5-yr total return (net + appreciation)
8.3% / yr avg
Payback in ~33 yrs from rent
Brixfox Score 57 · B

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Faro

Eastern Algarve, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Year built: 1950
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.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$355/night
50% ($163)Brixfox estimate($355/night)200% ($653)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Indicative
Yearly income
$29,438
Likely range $17,663 – $41,213
Airbnb data$355/night · 47% occupancy
Rental income
$355/night · 47% occ.
$56,612
Running costs (20%)
Utilities, cleaning, maintenance
-$11,322
Income tax (10%)
Indonesian rental income tax
-$15,851
Property tax
Annual property tax
-$0
Net income
4.6% ROI
$29,438

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

3.0%

on all-in cost of $737,722

Scenario
Pre-tax
After-tax
Owner-managed
5.6%
4.9%
Fully-managed
3.7%
3.0%
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

7.7%

Annual Revenue

$56,612

Income Tax / yr

$4,953

Payback

33 yrs

True All-In Cost
Asking price$646,739
IMT — transfer tax (non-resident 7.5%)$48,505
Stamp duty (0.8%)$5,174
Notary + registry$2,174
Legal$7,955
Furnishing + STR launch$27,174
All-in cost$737,722

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Faro.

$3.7M$2.8M$1.9M$925K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $595K
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 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$724K
+22%
Rental Income
+$144K
Total Position
$868K
+46%
7.8%/yr
Year 10
Capital Value
$881K
+48%
Rental Income
+$310K
Total Position
$1.2M
+100%
7.2%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$728K
Total Position
$2.0M
+241%
6.3%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$1.3M
Total Position
$3.2M
+441%
5.8%/yr
Turnkey Management

Your property, professionally managed

Buying from abroad? You won't lift a finger. A vetted local management partner is already connected to this listing — ready to run it as a short-stay rental from day one, so the Managed projections above are something you can actually rely on.

Vetted by Brixfox 8+ yrs operating 110+ properties managed ~2h guest response

Atlantic Stays Management

Vetted

Alojamento Local management, Lisbon to the Algarve

22%
Management fee
of rental revenue — already in your Managed figures

End-to-end AL management for international owners. We handle the licence, the platforms and the guests so your second home pays for itself.

What the fee covers

  • Listing setup & optimisation (Airbnb, Booking.com, VRBO)
  • Dynamic pricing & revenue management
  • 24/7 multilingual guest communication
  • Guided check-in / check-out & key handling
  • Professional cleaning, laundry & restocking
  • Maintenance & repairs coordination
  • Monthly owner statements & payouts
  • Guest screening & damage protection
  • Alojamento Local (AL) licence handling & renewals
  • SEF/AIMA guest registration & tourist-tax filing
Visit Atlantic Stays Management

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
Average
4.6% annual return
Occupancy
Average
47% average occupancy
Nightly Rate
Strong
$327 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

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
Yield of 4.6% 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.
4.2%
$2,268/mo
40% occ.
5.6%
$3,024/mo
47% occ.
6.6%
$3,566/mo
current
57% occ.
8.0%
$4,323/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. Market factors in Portugal may impact actual yields.