Penthouse in Rua Doutor Teófilo Braga, Vila Real de Santo António
Penthouse in Rua Doutor Teófilo Braga, Vila Real de Santo António — image 2Penthouse in Rua Doutor Teófilo Braga, Vila Real de Santo António — image 3Penthouse in Rua Doutor Teófilo Braga, Vila Real de Santo António — image 4Penthouse in Rua Doutor Teófilo Braga, Vila Real de Santo António — image 5
Grade Bapartmentluxury

Penthouse in Rua Doutor Teófilo Braga, Vila Real de Santo António

VRSA/Monte Gordo · Eastern Algarve ·

€490,000

Asking Price (EUR)

2.0%

True Net Yield (Owner, all-in)

1.4%

True Net Yield (Managed, all-in)

3.1%

True Gross Yield

29%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 18% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.75, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €17,419/yr
Average Daily Rate: €164
+21.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%), Luxury finish (+8%)
Payback Period: 35.2 years
5-yr Capital Value: €643,853
10-yr Capital Value: €783,345
Brixfox Score: 57.3 / 100
Comparable Properties: 14
Data Confidence: 88%
Search Radius: 2 km

True Investment Cost

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

€569,500

+16.2% over asking

Asking price€490,000
IMT — Property transfer tax (investment schedule)€27,030
IS — Stamp duty (0.8%)€3,920
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,350
Total acquisition costs€39,550
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€39,950
All-in investment (incl. renovation & furnishing)€569,500

Gross yield (asking price)

3.5%

True gross yield (all-in)

3.1%

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: 2
Bathrooms: 2
Building: 138 m²
Style: contemporary
Condition: excellent
Year Built: 2023
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

multiple rooftop terracesmodern outdoor furnitureintegrated greenery

Score Breakdown

ROI
11.05
Visual Appeal
14.2
Ownership Security
13
Location
8.4
Land & Space
4.76
Rental Demand
2.91
Payback Speed
0
STR Suitability
3

Description

A unique Pombaline-style flat on the market. The Pombaline style, associated with the Age of Enlightenment, is distinguished by its distinctive historical features, through which one can sense the history of the town of Vila Real de Santo António, particularly in this area where this fabulous property is located. Buil

Location

📍 37.1937°N, 7.4144°W

· VRSA/Monte Gordo, Algarve, Portugal

View on Nuno Costa PREDIMED →Also on Idealista.pt
Idealista.pt
VRSA/Monte Gordo / Eastern Algarve

Penthouse in Rua Doutor Teófilo Braga, Vila Real de Santo António

Inventory
2 Beds
Bathrooms
2 Baths
Built Area
138 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 2.3% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score57
GradeB
Brixfox Intelligence
57BStrong
Score Breakdown
ROI & Yield63%
Capital Growth60%
Risk Profile59%
Market Demand57%

The Brixfox Score is our proprietary AI-powered rating that evaluates rental ROI, capital appreciation potential, risk factors, and local market dynamics to give you a single investment quality metric.

Pro members get full score breakdown with AI recommendations
Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+6.0%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$92K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.3%
$1,012/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
14 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
43.8 yr
Rental only

Property details

Year built: 2023
Energy: C
Condition: excellent

Description

A unique Pombaline-style flat on the market. The Pombaline style, associated with the Age of Enlightenment, is distinguished by its distinctive historical features, through which one can sense the history of the town of Vila Real de Santo António, particularly in this area where this fabulous property is located. Buil

Income Breakdown

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Nightly Rate (ADR)
$237/night
50% ($109)Brixfox estimate($237/night)200% ($435)
Occupancy
29%
10%Brixfox estimate(29%)100%

Short-Term Rental

Yearly income
$12,149
Airbnb data$237/night · 29% occupancy
Rental income
$237/night · 29% occ.
$25,155
Running costs (20%)
Utilities, cleaning, maintenance
-$5,031
Income tax (10%)
Indonesian rental income tax
-$7,044
Property tax
Annual property tax
-$932
Net income
2.3% ROI
$12,149

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

True all-in investment

What the headline asking price actually costs once mandatory taxes, fees, renovation, and furnishing are added. Yields rebased onto this number — closer to what you'll really earn against what you'll really pay.

Asking price$532,609
IMT (transfer tax, investment schedule)$29,380
Imposto de Selo (stamp duty)$4,261
Notary & registration$1,359
Legal / due diligence$7,989
Total acquisition costs$42,989
RenovationMove-in ready
Furnishing & STR launch
2bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$43,424
All-in investment$619,022

Gross yield (asking)

4.7%

True gross yield (all-in)

4.1%

Estimates use Portugal's standard transfer tax + typical legal/notary defaults. Verify with local counsel before committing — actual fees vary by deal structure.

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in VRSA/Monte Gordo.

$2.4M$1.8M$1.2M$610K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $490K
Capital appreciation
Property value growing at +4%/yr based on VRSA/Monte Gordo 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 29: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$596K
+22%
Rental Income
+$59K
Total Position
$655K
+34%
6.0%/yr
Year 10
Capital Value
$725K
+48%
Rental Income
+$128K
Total Position
$853K
+74%
5.7%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$300K
Total Position
$1.4M
+180%
5.3%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$532K
Total Position
$2.1M
+333%
5.0%/yr

Location

VRSA/Monte Gordo

Eastern Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.3% annual return
Occupancy
Weak
29% average occupancy
Nightly Rate
Strong
$218 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $218 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 2.3% is below 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.
3.2%
$1,434/mo
current
40% occ.
4.4%
$1,938/mo
29% occ.
3.1%
$1,390/mo
current
39% occ.
4.3%
$1,894/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. Includes 10% Indonesian rental tax (PPh) and annual property tax (PBB). Market factors in Portugal may impact actual yields.