T1 flat, Urbanização Litoral Mar, 4, Três Castelos, Portimão
T1 flat, Urbanização Litoral Mar, 4, Três Castelos, Portimão — image 2T1 flat, Urbanização Litoral Mar, 4, Três Castelos, Portimão — image 3T1 flat, Urbanização Litoral Mar, 4, Três Castelos, Portimão — image 4T1 flat, Urbanização Litoral Mar, 4, Três Castelos, Portimão — image 5
Grade B+apartmentmid-range

T1 flat, Urbanização Litoral Mar, 4, Três Castelos, Portimão

Portimão · Western Algarve ·

€395,000

Asking Price (EUR)

4.0%

True Net Yield (Owner, all-in)

2.7%

True Net Yield (Managed, all-in)

6.1%

True Gross Yield

52%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 14% 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: €27,012/yr
Average Daily Rate: €143
+13.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 18.1 years
5-yr Capital Value: €519,024
10-yr Capital Value: €631,472
Brixfox Score: 66.1 / 100
Comparable Properties: 83
Data Confidence: 94%
Search Radius: 2 km

True Investment Cost

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

€444,265

+12.5% over asking

Asking price€395,000
IMT — Property transfer tax (investment schedule)€19,430
IS — Stamp duty (0.8%)€3,160
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,925
Total acquisition costs€29,765
Renovation€0 — move-in ready
Furnishing & STR launch (1bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€19,500
All-in investment (incl. renovation & furnishing)€444,265

Gross yield (asking price)

6.8%

True gross yield (all-in)

6.1%

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: 84 m²
Style: modern
Condition: new-build
Energy Certificate: A
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

circular backlit mirrorslatted wood accent wallbalcony with outdoor seating

Score Breakdown

ROI
16.3
Visual Appeal
13.6
Ownership Security
13
Location
9.36
Land & Space
3.68
Rental Demand
5.16
Payback Speed
2
STR Suitability
3

Description

The 5 SENSES is a new urban development in Portimão, 2nd largest city of the Algarve, Portugal’s small paradise of crystal-clear waters and stunning landscapes. It consists of a set of 30 units, all residential apartments, divided by 5 floors. There, in each floor, you will find typologies that go from T1 (1 bed proper

Location

📍 37.1217°N, 8.5490°W

· Portimão, Algarve, Portugal

View on Engel & Völkers Portim​ão →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

T1 flat, Urbanização Litoral Mar, 4, Três Castelos, Portimão

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

Grade B+ investment — short-term rental yields 4.6% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score66
GradeB+
Brixfox Intelligence
66B+Strong
Score Breakdown
ROI & Yield73%
Capital Growth69%
Risk Profile68%
Market Demand66%

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
+9.5%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$97K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.6%
$1,650/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
21.7 yr
Rental only

Property details

Energy: A
Condition: new-build

Description

The 5 SENSES is a new urban development in Portimão, 2nd largest city of the Algarve, Portugal’s small paradise of crystal-clear waters and stunning landscapes. It consists of a set of 30 units, all residential apartments, divided by 5 floors. There, in each floor, you will find typologies that go from T1 (1 bed proper

Income Breakdown

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Nightly Rate (ADR)
$210/night
50% ($96)Brixfox estimate($210/night)200% ($386)
Occupancy
52%
10%Brixfox estimate(52%)100%

Short-Term Rental

Yearly income
$19,796
Airbnb data$210/night · 52% occupancy
Rental income
$210/night · 52% occ.
$39,514
Running costs (20%)
Utilities, cleaning, maintenance
-$7,903
Income tax (10%)
Indonesian rental income tax
-$11,064
Property tax
Annual property tax
-$751
Net income
4.6% ROI
$19,796

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$429,348
IMT (transfer tax, investment schedule)$21,120
Imposto de Selo (stamp duty)$3,435
Notary & registration$1,359
Legal / due diligence$6,440
Total acquisition costs$32,353
RenovationMove-in ready
Furnishing & STR launch
1bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$21,196
All-in investment$482,897

Gross yield (asking)

9.2%

True gross yield (all-in)

8.2%

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.

$2.5M$1.9M$1.2M$617K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $395K
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 17: 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
$481K
+22%
Rental Income
+$97K
Total Position
$577K
+46%
7.9%/yr
Year 10
Capital Value
$585K
+48%
Rental Income
+$209K
Total Position
$793K
+101%
7.2%/yr
Year 20
Capital Value
$865K
+119%
Rental Income
+$489K
Total Position
$1.4M
+243%
6.4%/yr
Year 30
Capital Value
$1.3M
+224%
Rental Income
+$866K
Total Position
$2.1M
+444%
5.8%/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
4.6% annual return
Occupancy
Average
52% average occupancy
Nightly Rate
Good
$193 per night
Visual Appeal
Good
7/10 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 4.6% 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

32% occ.
3.8%
$1,350/mo
42% occ.
5.0%
$1,796/mo
52% occ.
6.3%
$2,242/mo
current
62% occ.
7.5%
$2,689/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.