T3 flat in Rua dos Bombeiros Voluntários, 5, Portimão
T3 flat in Rua dos Bombeiros Voluntários, 5, Portimão — image 2T3 flat in Rua dos Bombeiros Voluntários, 5, Portimão — image 3T3 flat in Rua dos Bombeiros Voluntários, 5, Portimão — image 4T3 flat in Rua dos Bombeiros Voluntários, 5, Portimão — image 5
Grade B+apartmentmid-range

T3 flat in Rua dos Bombeiros Voluntários, 5, Portimão

Portimão · Western Algarve ·

€350,000

Asking Price (EUR)

6.2%

True Net Yield (Owner, all-in)

4.3%

True Net Yield (Managed, all-in)

9.5%

True Gross Yield

59%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.4 months ago and is currently at 12% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €39,381/yr
Average Daily Rate: €184
Payback Period: 10.9 years
5-yr Capital Value: €459,895
10-yr Capital Value: €559,532
Brixfox Score: 69.9 / 100
Comparable Properties: 14
Data Confidence: 82%
Search Radius: 2 km

True Investment Cost

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

€412,370

+17.8% over asking

Asking price€350,000
IMT — Property transfer tax (investment schedule)€15,830
IS — Stamp duty (0.8%)€2,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,250
Total acquisition costs€25,130
Renovation (est. €55/m² × 128 m²)
Light touch-ups — paint, fixtures, deep clean.		€7,040
(€3,840–€10,240)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€30,200
All-in investment (incl. renovation & furnishing)€412,370

Gross yield (asking price)

11.3%

True gross yield (all-in)

9.5%

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: 128 m²
Style: dated
Condition: good
Year Built: 1997
Energy Certificate: D

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
21.94
Visual Appeal
8.2
Ownership Security
13
Location
9.36
Land & Space
4.56
Rental Demand
5.86
Payback Speed
4
STR Suitability
3

Description

Identificação do imóvel: ZMPT587497 Three bedroom apartment for sale in Portimão This 3-bedroom flat, situated on the 6th and top floor, stands out for its excellent natural light, unobstructed views and a practical, welcoming layout. The living area comprises a spacious and inviting living room with direct access t

Location

📍 37.1410°N, 8.5432°W

· Portimão, Algarve, Portugal

View on Zome Portimão Marina →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

T3 flat in Rua dos Bombeiros Voluntários, 5, Portimão

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

Grade B+ investment — short-term rental yields 7.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score70
GradeB+
Brixfox Intelligence
70B+Strong
Score Breakdown
ROI & Yield77%
Capital Growth74%
Risk Profile72%
Market Demand70%

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
+12.7%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$86K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.8%
$2,465/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
12.9 yr
Rental only

Property details

Year built: 1997
Energy: D
Condition: good

Description

Identificação do imóvel: ZMPT587497 Three bedroom apartment for sale in Portimão This 3-bedroom flat, situated on the 6th and top floor, stands out for its excellent natural light, unobstructed views and a practical, welcoming layout. The living area comprises a spacious and inviting living room with direct access t

Income Breakdown

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Customize your projections
Nightly Rate (ADR)
$272/night
50% ($125)Brixfox estimate($272/night)200% ($500)
Occupancy
59%
10%Brixfox estimate(59%)100%

Short-Term Rental

Yearly income
$29,580
Airbnb data$272/night · 59% occupancy
Rental income
$272/night · 59% occ.
$58,165
Running costs (20%)
Utilities, cleaning, maintenance
-$11,633
Income tax (10%)
Indonesian rental income tax
-$16,286
Property tax
Annual property tax
-$666
Net income
7.8% ROI
$29,580

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$380,435
IMT (transfer tax, investment schedule)$17,207
Imposto de Selo (stamp duty)$3,043
Notary & registration$1,359
Legal / due diligence$5,707
Total acquisition costs$27,315
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$7,652
($4,174–$11,130)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$448,228

Gross yield (asking)

15.3%

True gross yield (all-in)

13.0%

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.

$2.8M$2.1M$1.4M$699K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $350K
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 12: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$426K
+22%
Rental Income
+$144K
Total Position
$570K
+63%
10.3%/yr
Year 10
Capital Value
$518K
+48%
Rental Income
+$312K
Total Position
$830K
+137%
9.0%/yr
Year 20
Capital Value
$767K
+119%
Rental Income
+$731K
Total Position
$1.5M
+328%
7.5%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$1.3M
Total Position
$2.4M
+594%
6.7%/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
Good
7.8% annual return
Occupancy
Average
59% average occupancy
Nightly Rate
Strong
$250 per night
Visual Appeal
Average
4/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $250 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 59% — 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

39% occ.
6.9%
$2,180/mo
49% occ.
8.7%
$2,759/mo
59% occ.
10.5%
$3,338/mo
current
69% occ.
12.4%
$3,917/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.