T3 flat in Vila Real de Santo António
T3 flat in Vila Real de Santo António — image 2T3 flat in Vila Real de Santo António — image 3T3 flat in Vila Real de Santo António — image 4T3 flat in Vila Real de Santo António — image 5
Grade C+apartmentbudget

T3 flat in Vila Real de Santo António

VRSA/Monte Gordo · Eastern Algarve ·

€270,000

Asking Price (EUR)

2.3%

True Net Yield (Owner, all-in)

1.6%

True Net Yield (Managed, all-in)

3.5%

True Gross Yield

25%

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: €13,810/yr
Average Daily Rate: €149
-38.0% vs area baselineImage quality 4/10 (-9%), Dated style (-15%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 24.4 years
5-yr Capital Value: €354,776
10-yr Capital Value: €431,639
Brixfox Score: 47.6 / 100
Comparable Properties: 7
Data Confidence: 72%
Search Radius: 3 km

True Investment Cost

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

€397,557

+47.2% over asking

Asking price€270,000
IMT — Property transfer tax (investment schedule)€9,897
IS — Stamp duty (0.8%)€2,160
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,050
Total acquisition costs€17,357
Renovation (est. €900/m² × 100 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€90,000
(€70,000–€110,000)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€20,200
All-in investment (incl. renovation & furnishing)€397,557

Gross yield (asking price)

5.1%

True gross yield (all-in)

3.5%

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: 100 m²
Land: 80 m²
Style: dated
Condition: needs-renovation
Year Built: 1974
Energy Certificate: D
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
14.08
Visual Appeal
4.4
Ownership Security
13
Location
7.2
Land & Space
2.35
Rental Demand
2.53
Payback Speed
1
STR Suitability
3

Description

Ground-Floor 3-Bedroom Apartment with Patio and Sunlit Enclosed Balcony in Vila Real de Santo António — Comfort and Tradition at Your Doorstep This 3-bedroom apartment, located on the ground floor of a traditional building in Vila Real de Santo António, is the ideal choice for those seeking the comfort of an older, we

Location

📍 37.1936°N, 7.4205°W

· VRSA/Monte Gordo, Algarve, Portugal

View on My Imob →Also on Idealista.pt
Idealista.pt
VRSA/Monte Gordo / Eastern Algarve

T3 flat in Vila Real de Santo António

Inventory
3 Beds
Bathrooms
2 Baths
Built Area
100 m²
Land Plot
80 m²
Tenure
Freehold
Yield Curve Status

Grade C+ investment — short-term rental yields 3.4% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score48
GradeC+
Brixfox Intelligence
48C+Moderate
Score Breakdown
ROI & Yield53%
Capital Growth50%
Risk Profile51%
Market Demand48%

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
+7.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$51K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
3.4%
$822/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
13 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
29.7 yr
Rental only

Property details

Year built: 1974
Energy: D
Condition: needs-renovation

Description

Ground-Floor 3-Bedroom Apartment with Patio and Sunlit Enclosed Balcony in Vila Real de Santo António — Comfort and Tradition at Your Doorstep This 3-bedroom apartment, located on the ground floor of a traditional building in Vila Real de Santo António, is the ideal choice for those seeking the comfort of an older, we

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$216/night
50% ($99)Brixfox estimate($216/night)200% ($397)
Occupancy
25%
10%Brixfox estimate(25%)100%

Short-Term Rental

Yearly income
$9,865
Airbnb data$216/night · 25% occupancy
Rental income
$216/night · 25% occ.
$19,959
Running costs (20%)
Utilities, cleaning, maintenance
-$3,992
Income tax (10%)
Indonesian rental income tax
-$5,588
Property tax
Annual property tax
-$514
Net income
3.4% ROI
$9,865

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$293,478
IMT (transfer tax, investment schedule)$10,758
Imposto de Selo (stamp duty)$2,348
Notary & registration$1,359
Legal / due diligence$4,402
Total acquisition costs$18,866
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$97,826
($76,087–$119,565)
Furnishing & STR launch
3bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$21,957
All-in investment$432,127

Gross yield (asking)

6.8%

True gross yield (all-in)

4.6%

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.

$1.5M$1.1M$752K$376K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $270K
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 22: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$328K
+22%
Rental Income
+$48K
Total Position
$377K
+40%
6.9%/yr
Year 10
Capital Value
$400K
+48%
Rental Income
+$104K
Total Position
$504K
+87%
6.4%/yr
Year 20
Capital Value
$592K
+119%
Rental Income
+$244K
Total Position
$835K
+209%
5.8%/yr
Year 30
Capital Value
$876K
+224%
Rental Income
+$432K
Total Position
$1.3M
+384%
5.4%/yr

Location

VRSA/Monte Gordo

Eastern Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

No nearby Airbnb listings found

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
3.4% annual return
Occupancy
Weak
25% average occupancy
Nightly Rate
Good
$199 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Weak
80 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 3.4% 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.
5.5%
$1,336/mo
40% occ.
7.3%
$1,795/mo
25% occ.
4.6%
$1,122/mo
current
35% occ.
6.5%
$1,581/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.