T3 flat in Rua das Baleares, 8, Monte Gordo, Vila Real de Santo António
T3 flat in Rua das Baleares, 8, Monte Gordo, Vila Real de Santo António — image 2T3 flat in Rua das Baleares, 8, Monte Gordo, Vila Real de Santo António — image 3T3 flat in Rua das Baleares, 8, Monte Gordo, Vila Real de Santo António — image 4T3 flat in Rua das Baleares, 8, Monte Gordo, Vila Real de Santo António — image 5
Grade Bapartmentmid-range

T3 flat in Rua das Baleares, 8, Monte Gordo, Vila Real de Santo António

VRSA/Monte Gordo · Eastern Algarve ·

€275,000

Asking Price (EUR)

4.0%

True Net Yield (Owner, all-in)

2.8%

True Net Yield (Managed, all-in)

6.2%

True Gross Yield

32%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 17% 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: €20,300/yr
Average Daily Rate: €176
Payback Period: 16.9 years
5-yr Capital Value: €361,346
10-yr Capital Value: €439,633
Brixfox Score: 60 / 100
Comparable Properties: 7
Data Confidence: 75%
Search Radius: 2 km

True Investment Cost

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

€328,357

+19.4% over asking

Asking price€275,000
IMT — Property transfer tax (investment schedule)€10,247
IS — Stamp duty (0.8%)€2,200
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,125
Total acquisition costs€17,822
Renovation (est. €55/m² × 97 m²)
Light touch-ups — paint, fixtures, deep clean.		€5,335
(€2,910–€7,760)
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)€328,357

Gross yield (asking price)

7.4%

True gross yield (all-in)

6.2%

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: 1
Building: 97 m²
Style: portuguese-traditional
Condition: good
Year Built: 1992
Energy Certificate: D
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
16.87
Visual Appeal
10.8
Ownership Security
13
Location
7.2
Land & Space
3.94
Rental Demand
3.16
Payback Speed
2
STR Suitability
3

Description

The Right Decision for Your Future Imagine the security of having your future sorted. This spectacular 3-bedroom ground-floor apartment is the right decision, whether you want to live your dream life in the Algarve or build an asset that works for you. Feel the freedom of being just steps from the most golden beach.

Location

📍 37.1810°N, 7.4480°W

· VRSA/Monte Gordo, Algarve, Portugal

View on KW Flash Algarve - Sotavento →Also on Idealista.pt
Idealista.pt
VRSA/Monte Gordo / Eastern Algarve

T3 flat in Rua das Baleares, 8, Monte Gordo, Vila Real de Santo António

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

Grade B investment — short-term rental yields 4.9% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score60
GradeB
Brixfox Intelligence
60BStrong
Score Breakdown
ROI & Yield66%
Capital Growth63%
Risk Profile62%
Market Demand60%

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
+8.7%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$52K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.9%
$1,228/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
11 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
20.3 yr
Rental only

Property details

Year built: 1992
Energy: D
Condition: good

Description

The Right Decision for Your Future Imagine the security of having your future sorted. This spectacular 3-bedroom ground-floor apartment is the right decision, whether you want to live your dream life in the Algarve or build an asset that works for you. Feel the freedom of being just steps from the most golden beach.

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$255/night
50% ($117)Brixfox estimate($255/night)200% ($469)
Occupancy
32%
10%Brixfox estimate(32%)100%

Short-Term Rental

Yearly income
$14,739
Airbnb data$255/night · 32% occupancy
Rental income
$255/night · 32% occ.
$29,351
Running costs (20%)
Utilities, cleaning, maintenance
-$5,870
Income tax (10%)
Indonesian rental income tax
-$8,218
Property tax
Annual property tax
-$523
Net income
4.9% ROI
$14,739

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$298,913
IMT (transfer tax, investment schedule)$11,138
Imposto de Selo (stamp duty)$2,391
Notary & registration$1,359
Legal / due diligence$4,484
Total acquisition costs$19,372
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$5,799
($3,163–$8,435)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$356,910

Gross yield (asking)

9.8%

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 VRSA/Monte Gordo.

$1.8M$1.3M$884K$442K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $275K
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 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
$335K
+22%
Rental Income
+$72K
Total Position
$407K
+48%
8.1%/yr
Year 10
Capital Value
$407K
+48%
Rental Income
+$155K
Total Position
$563K
+105%
7.4%/yr
Year 20
Capital Value
$603K
+119%
Rental Income
+$364K
Total Position
$967K
+252%
6.5%/yr
Year 30
Capital Value
$892K
+224%
Rental Income
+$645K
Total Position
$1.5M
+459%
5.9%/yr

Location

VRSA/Monte Gordo

Eastern 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
Average
4.9% annual return
Occupancy
Weak
32% average occupancy
Nightly Rate
Strong
$234 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

Premium nightly rate of $234 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.9% 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.
6.4%
$1,584/mo
40% occ.
8.5%
$2,126/mo
32% occ.
6.7%
$1,669/mo
current
42% occ.
8.9%
$2,211/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.