T2 flat in Rua da Raminha, 6, Portimão
T2 flat in Rua da Raminha, 6, Portimão — image 2T2 flat in Rua da Raminha, 6, Portimão — image 3T2 flat in Rua da Raminha, 6, Portimão — image 4T2 flat in Rua da Raminha, 6, Portimão — image 5
Grade Bapartmentluxury

T2 flat in Rua da Raminha, 6, Portimão

Portimão · Western Algarve ·

€731,000

Asking Price (EUR)

1.8%

True Net Yield (Owner, all-in)

1.3%

True Net Yield (Managed, all-in)

2.8%

True Gross Yield

48%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.2 months ago and is currently at 10% 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: €23,260/yr
Average Daily Rate: €133
Payback Period: 38.1 years
5-yr Capital Value: €960,523
10-yr Capital Value: €1.2M
Brixfox Score: 55.1 / 100
Comparable Properties: 83
Data Confidence: 87%
Search Radius: 2 km

True Investment Cost

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

€832,873

+13.9% over asking

Asking price€731,000
IMT — Property transfer tax (investment schedule)€43,860
IS — Stamp duty (0.8%)€5,848
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€10,965
Total acquisition costs€61,923
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€39,950
All-in investment (incl. renovation & furnishing)€832,873

Gross yield (asking price)

3.2%

True gross yield (all-in)

2.8%

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: 2
Building: 112 m²
Style: modern
Condition: new-build

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

integrated kitchen appliancesmarble island and backsplashrecessed lightingopen-plan living

Score Breakdown

ROI
10.74
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.24
Rental Demand
4.78
Payback Speed
0
STR Suitability
3

Description

T2 with 189 m², Balconies of 32 m2 and 14 m2 m² and 2 parking lots, in Portimão. Live in the heart of the Algarve with the ideal balance between modernity, space and quality of life. This 2 bedroom apartment, inserted in a contemporary urban project of reference in Portimão, offers large areas, excellent finishes and

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

View on Idealista.pt
Idealista.pt
Portimão / Western Algarve

T2 flat in Rua da Raminha, 6, Portimão

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

Grade B investment — short-term rental yields 2.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score55
GradeB
Brixfox Intelligence
55BStrong
Score Breakdown
ROI & Yield61%
Capital Growth58%
Risk Profile57%
Market Demand55%

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
+7.0%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$180K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.1%
$1,384/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
47.8 yr
Rental only

Property details

Condition: new-build

Description

T2 with 189 m², Balconies of 32 m2 and 14 m2 m² and 2 parking lots, in Portimão. Live in the heart of the Algarve with the ideal balance between modernity, space and quality of life. This 2 bedroom apartment, inserted in a contemporary urban project of reference in Portimão, offers large areas, excellent finishes and

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$198/night
50% ($91)Brixfox estimate($198/night)200% ($365)
Occupancy
48%
10%Brixfox estimate(48%)100%

Short-Term Rental

Yearly income
$16,614
Airbnb data$198/night · 48% occupancy
Rental income
$198/night · 48% occ.
$34,624
Running costs (20%)
Utilities, cleaning, maintenance
-$6,925
Income tax (10%)
Indonesian rental income tax
-$9,695
Property tax
Annual property tax
-$1,390
Net income
2.1% ROI
$16,614

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$794,565
IMT (transfer tax, investment schedule)$47,674
Imposto de Selo (stamp duty)$6,357
Notary & registration$1,359
Legal / due diligence$11,918
Total acquisition costs$67,308
RenovationMove-in ready
Furnishing & STR launch
2bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$43,424
All-in investment$905,297

Gross yield (asking)

4.4%

True gross yield (all-in)

3.8%

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.

$3.6M$2.7M$1.8M$891K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $731K
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.
2x return
Year 14: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$889K
+22%
Rental Income
+$81K
Total Position
$971K
+33%
5.8%/yr
Year 10
Capital Value
$1.1M
+48%
Rental Income
+$175K
Total Position
$1.3M
+72%
5.6%/yr
Year 20
Capital Value
$1.6M
+119%
Rental Income
+$411K
Total Position
$2.0M
+175%
5.2%/yr
Year 30
Capital Value
$2.4M
+224%
Rental Income
+$727K
Total Position
$3.1M
+324%
4.9%/yr

Location

Portimão

Western 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
Weak
2.1% annual return
Occupancy
Average
48% average occupancy
Nightly Rate
Good
$183 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 2.1% is below 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.
1.7%
$1,151/mo
40% occ.
2.4%
$1,574/mo
48% occ.
2.9%
$1,904/mo
current
58% occ.
3.5%
$2,326/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.