Duplex in Rua Agosto Azul, Nn, Três Castelos, Portimão
Duplex in Rua Agosto Azul, Nn, Três Castelos, Portimão — image 2Duplex in Rua Agosto Azul, Nn, Três Castelos, Portimão — image 3Duplex in Rua Agosto Azul, Nn, Três Castelos, Portimão — image 4Duplex in Rua Agosto Azul, Nn, Três Castelos, Portimão — image 5
Grade B+apartmentluxury

Duplex in Rua Agosto Azul, Nn, Três Castelos, Portimão

Portimão · Western Algarve ·

€1.5M

Asking Price (EUR)

4.2%

True Net Yield (Owner, all-in)

2.9%

True Net Yield (Managed, all-in)

6.4%

True Gross Yield

45%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.3 months ago and is currently at 11% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.73, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €109,194/yr
Average Daily Rate: €670
Payback Period: 16.7 years
5-yr Capital Value: €2.0M
10-yr Capital Value: €2.4M
Brixfox Score: 66.7 / 100
Comparable Properties: 4
Data Confidence: 73%
Search Radius: 2 km

True Investment Cost

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

€1.7M

+13.7% over asking

Asking price€1.5M
IMT — Property transfer tax (investment schedule)€112,350
IS — Stamp duty (0.8%)€11,984
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€22,470
Total acquisition costs€148,054
Renovation€0 — move-in ready
Furnishing & STR launch (4bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€57,650
All-in investment (incl. renovation & furnishing)€1.7M

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: 4
Bathrooms: 3
Building: 439 m²
Land: 195 m²
Style: modern
Condition: excellent
Year Built: 2020
Energy Certificate: A
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

private gardenoutdoor jacuzzispacious patio with dining and lounge areasglass balconies

Score Breakdown

ROI
16.99
Visual Appeal
14.2
Ownership Security
13
Location
9.36
Land & Space
3.71
Rental Demand
4.46
Payback Speed
2
STR Suitability
3

Description

Luxury Duplex T4 with Panoramic View and Jacuzzi – A Sophisticated Retreat in Portimão Discover the pinnacle of elegance and comfort in this magnificent duplex T4 located in one of the most prestigious luxury condominiums in Portimão, just a few minutes from the stunning beaches of the Algarve. With contemporary arch

Location

📍 37.1215°N, 8.5458°W

· Portimão, Algarve, Portugal

View on HOMEFRONT by EFRANCO REMAX EXPO →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

Duplex in Rua Agosto Azul, Nn, Três Castelos, Portimão

Inventory
4 Beds
Bathrooms
3 Baths
Built Area
439 m²
Land Plot
195 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 5.0% 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
+4.9%
+$369K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.0%
$6,783/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
20.0 yr
Rental only

Property details

Year built: 2020
Energy: A
Condition: excellent

Description

Luxury Duplex T4 with Panoramic View and Jacuzzi – A Sophisticated Retreat in Portimão Discover the pinnacle of elegance and comfort in this magnificent duplex T4 located in one of the most prestigious luxury condominiums in Portimão, just a few minutes from the stunning beaches of the Algarve. With contemporary arch

Income Breakdown

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Nightly Rate (ADR)
$994/night
50% ($457)Brixfox estimate($994/night)200% ($1830)
Occupancy
45%
10%Brixfox estimate(45%)100%

Short-Term Rental

Yearly income
$81,391
Airbnb data$994/night · 45% occupancy
Rental income
$994/night · 45% occ.
$162,000
Running costs (20%)
Utilities, cleaning, maintenance
-$32,400
Income tax (10%)
Indonesian rental income tax
-$45,360
Property tax
Annual property tax
-$2,849
Net income
5.0% ROI
$81,391

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$1,628,261
IMT (transfer tax, investment schedule)$122,120
Imposto de Selo (stamp duty)$13,026
Notary & registration$1,359
Legal / due diligence$24,424
Total acquisition costs$160,928
RenovationMove-in ready
Furnishing & STR launch
4bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$62,663
All-in investment$1,851,852

Gross yield (asking)

9.9%

True gross yield (all-in)

8.7%

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 Portimão.

$9.7M$7.3M$4.8M$2.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.5M
Capital appreciation
Property value growing at +4%/yr based on Portimão 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 16: 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
$1.8M
+22%
Rental Income
+$398K
Total Position
$2.2M
+48%
8.2%/yr
Year 10
Capital Value
$2.2M
+48%
Rental Income
+$858K
Total Position
$3.1M
+105%
7.5%/yr
Year 20
Capital Value
$3.3M
+119%
Rental Income
+$2.0M
Total Position
$5.3M
+253%
6.5%/yr
Year 30
Capital Value
$4.9M
+224%
Rental Income
+$3.6M
Total Position
$8.4M
+462%
5.9%/yr

Location

Portimão

Western 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
5.0% annual return
Occupancy
Weak
45% average occupancy
Nightly Rate
Strong
$915 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Average
195 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $915 — 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 5.0% 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.
4.5%
$6,115/mo
40% occ.
6.1%
$8,232/mo
45% occ.
6.8%
$9,213/mo
current
55% occ.
8.4%
$11,330/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.