T1 flat in Rua de Kinitra, 120, Monte Gordo, Vila Real de Santo António
T1 flat in Rua de Kinitra, 120, Monte Gordo, Vila Real de Santo António — image 2T1 flat in Rua de Kinitra, 120, Monte Gordo, Vila Real de Santo António — image 3T1 flat in Rua de Kinitra, 120, Monte Gordo, Vila Real de Santo António — image 4T1 flat in Rua de Kinitra, 120, Monte Gordo, Vila Real de Santo António — image 5
Grade C+apartmentmid-range

T1 flat in Rua de Kinitra, 120, Monte Gordo, Vila Real de Santo António

VRSA/Monte Gordo · Eastern Algarve ·

€265,000

Asking Price (EUR)

2.7%

True Net Yield (Owner, all-in)

1.9%

True Net Yield (Managed, all-in)

4.1%

True Gross Yield

36%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.9 months ago and is currently at 16% 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: €12,667/yr
Average Daily Rate: €96
+2.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), Has pool (0%)
Payback Period: 26.0 years
5-yr Capital Value: €348,206
10-yr Capital Value: €423,646
Brixfox Score: 52 / 100
Comparable Properties: 10
Data Confidence: 85%
Search Radius: 2 km

True Investment Cost

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

€305,817

+15.4% over asking

Asking price€265,000
IMT — Property transfer tax (investment schedule)€9,547
IS — Stamp duty (0.8%)€2,120
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,975
Total acquisition costs€16,892
Renovation (est. €55/m² × 35 m²)
Light touch-ups — paint, fixtures, deep clean.		€1,925
(€1,050–€2,800)
Furnishing & STR launch (1bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€22,000
All-in investment (incl. renovation & furnishing)€305,817

Gross yield (asking price)

4.8%

True gross yield (all-in)

4.1%

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: 1
Bathrooms: 1
Building: 35 m²
Style: portuguese-traditional
Condition: good
Year Built: 2000
Energy Certificate: C
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

arched balconiescommunal pool

Score Breakdown

ROI
13.7
Visual Appeal
8.8
Ownership Security
13
Location
7.2
Land & Space
2.7
Rental Demand
3.61
Payback Speed
0
STR Suitability
3

Description

**Investment Opportunity in Monte Gordo! ** Discover this charming 1-bedroom apartment, located in the prestigious Calema Building, just a 5-minute walk from the stunning Monte Gordo beach. With a privileged location, this property offers comfort and a relaxing lifestyle, ideal for holidays or permanent residence. The

Location

📍 37.1816°N, 7.4471°W

· VRSA/Monte Gordo, Algarve, Portugal

View on Idealista.pt
Idealista.pt
VRSA/Monte Gordo / Eastern Algarve

T1 flat in Rua de Kinitra, 120, Monte Gordo, Vila Real de Santo António

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

Grade C+ investment — short-term rental yields 3.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score52
GradeC+
Brixfox Intelligence
52C+Moderate
Score Breakdown
ROI & Yield57%
Capital Growth55%
Risk Profile54%
Market Demand52%

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
+6.9%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$50K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
3.1%
$755/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
31.8 yr
Rental only

Property details

Year built: 2000
Energy: C
Condition: good

Description

**Investment Opportunity in Monte Gordo! ** Discover this charming 1-bedroom apartment, located in the prestigious Calema Building, just a 5-minute walk from the stunning Monte Gordo beach. With a privileged location, this property offers comfort and a relaxing lifestyle, ideal for holidays or permanent residence. The

Income Breakdown

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Nightly Rate (ADR)
$140/night
50% ($64)Brixfox estimate($140/night)200% ($257)
Occupancy
36%
10%Brixfox estimate(36%)100%

Short-Term Rental

Yearly income
$9,062
Airbnb data$140/night · 36% occupancy
Rental income
$140/night · 36% occ.
$18,397
Running costs (20%)
Utilities, cleaning, maintenance
-$3,679
Income tax (10%)
Indonesian rental income tax
-$5,151
Property tax
Annual property tax
-$504
Net income
3.1% ROI
$9,062

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$288,043
IMT (transfer tax, investment schedule)$10,377
Imposto de Selo (stamp duty)$2,304
Notary & registration$1,359
Legal / due diligence$4,321
Total acquisition costs$18,361
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$2,092
($1,141–$3,043)
Furnishing & STR launch
1bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$23,913
All-in investment$332,410

Gross yield (asking)

6.4%

True gross yield (all-in)

5.5%

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.

$1.4M$1.1M$722K$361K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $265K
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 23: 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
$322K
+22%
Rental Income
+$44K
Total Position
$367K
+38%
6.7%/yr
Year 10
Capital Value
$392K
+48%
Rental Income
+$96K
Total Position
$488K
+84%
6.3%/yr
Year 20
Capital Value
$581K
+119%
Rental Income
+$224K
Total Position
$805K
+204%
5.7%/yr
Year 30
Capital Value
$860K
+224%
Rental Income
+$397K
Total Position
$1.3M
+374%
5.3%/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
Average
3.1% annual return
Occupancy
Weak
36% average occupancy
Nightly Rate
Good
$128 per night
Visual Appeal
Average
5/10 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 3.1% 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.
3.5%
$849/mo
40% occ.
4.8%
$1,146/mo
36% occ.
4.3%
$1,031/mo
current
46% occ.
5.5%
$1,328/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.