T0 (studio) in Rua do Exército, 6, Vila Real de Santo António
T0 (studio) in Rua do Exército, 6, Vila Real de Santo António — image 2T0 (studio) in Rua do Exército, 6, Vila Real de Santo António — image 3T0 (studio) in Rua do Exército, 6, Vila Real de Santo António — image 4T0 (studio) in Rua do Exército, 6, Vila Real de Santo António — image 5
Grade B+apartmentluxury

T0 (studio) in Rua do Exército, 6, Vila Real de Santo António

VRSA/Monte Gordo · Eastern Algarve ·

€260,000

Asking Price (EUR)

5.0%

True Net Yield (Owner, all-in)

3.5%

True Net Yield (Managed, all-in)

7.8%

True Gross Yield

41%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 17% 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: €23,887/yr
Average Daily Rate: €160
+21.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%), Luxury finish (+8%)
Payback Period: 13.6 years
5-yr Capital Value: €341,636
10-yr Capital Value: €415,653
Brixfox Score: 67.4 / 100
Comparable Properties: 15
Data Confidence: 83%
Search Radius: 2 km

True Investment Cost

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

€307,527

+18.3% over asking

Asking price€260,000
IMT — Property transfer tax (investment schedule)€9,197
IS — Stamp duty (0.8%)€2,080
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,900
Total acquisition costs€16,427
Renovation€0 — move-in ready
Furnishing & STR launch (0bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€31,100
All-in investment (incl. renovation & furnishing)€307,527

Gross yield (asking price)

9.2%

True gross yield (all-in)

7.8%

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.

Bathrooms: 1
Building: 33 m²
Style: contemporary
Condition: excellent
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large private terraceretractable pergolaglass railingsmodern outdoor furniture

Score Breakdown

ROI
19.1
Visual Appeal
14.2
Ownership Security
13
Location
8.4
Land & Space
2.66
Rental Demand
4.08
Payback Speed
3
STR Suitability
3

Description

Prestigious Penthouse with Panoramic Terrace and River & Sea Views | Vila Real de Santo António Discover this exclusive penthouse located on the 4th and top floor of the iconic Electrofabril Building, in the heart of Vila Real de Santo António. A rare property that combines sophistication, privacy, and a prime locatio

Location

📍 37.1940°N, 7.4500°W

· VRSA/Monte Gordo, Algarve, Portugal

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Idealista.pt
VRSA/Monte Gordo / Eastern Algarve

T0 (studio) in Rua do Exército, 6, Vila Real de Santo António

Inventory
0 Beds
Bathrooms
1 Baths
Built Area
33 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 6.2% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score67
GradeB+
Brixfox Intelligence
67B+Strong
Score Breakdown
ROI & Yield74%
Capital Growth70%
Risk Profile69%
Market Demand67%

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
+9.9%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$49K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.2%
$1,455/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
16.2 yr
Rental only

Property details

Energy: C
Condition: excellent

Description

Prestigious Penthouse with Panoramic Terrace and River & Sea Views | Vila Real de Santo António Discover this exclusive penthouse located on the 4th and top floor of the iconic Electrofabril Building, in the heart of Vila Real de Santo António. A rare property that combines sophistication, privacy, and a prime locatio

Income Breakdown

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Nightly Rate (ADR)
$232/night
50% ($107)Brixfox estimate($232/night)200% ($427)
Occupancy
41%
10%Brixfox estimate(41%)100%

Short-Term Rental

Yearly income
$17,462
Airbnb data$232/night · 41% occupancy
Rental income
$232/night · 41% occ.
$34,532
Running costs (20%)
Utilities, cleaning, maintenance
-$6,906
Income tax (10%)
Indonesian rental income tax
-$9,669
Property tax
Annual property tax
-$495
Net income
6.2% ROI
$17,462

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$282,609
IMT (transfer tax, investment schedule)$9,997
Imposto de Selo (stamp duty)$2,261
Notary & registration$1,359
Legal / due diligence$4,239
Total acquisition costs$17,855
RenovationMove-in ready
Furnishing & STR launch
0bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$33,804
All-in investment$334,268

Gross yield (asking)

12.2%

True gross yield (all-in)

10.3%

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.

$1.8M$1.4M$924K$462K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $260K
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 14: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$316K
+22%
Rental Income
+$85K
Total Position
$402K
+54%
9.1%/yr
Year 10
Capital Value
$385K
+48%
Rental Income
+$184K
Total Position
$569K
+119%
8.1%/yr
Year 20
Capital Value
$570K
+119%
Rental Income
+$432K
Total Position
$1.0M
+285%
7.0%/yr
Year 30
Capital Value
$843K
+224%
Rental Income
+$764K
Total Position
$1.6M
+518%
6.3%/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
Good
6.2% annual return
Occupancy
Weak
41% average occupancy
Nightly Rate
Strong
$213 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 $213 — 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
Occupancy at 41% — factor in seasonal gaps

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
6.1%
$1,440/mo
40% occ.
8.2%
$1,933/mo
current
41% occ.
8.4%
$1,973/mo
current
51% occ.
10.5%
$2,467/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.