T3 flat in Vila Real de Santo António
T3 flat in Vila Real de Santo António — image 2T3 flat in Vila Real de Santo António — image 3T3 flat in Vila Real de Santo António — image 4T3 flat in Vila Real de Santo António — image 5
Grade Bapartmentmid-range

T3 flat in Vila Real de Santo António

VRSA/Monte Gordo · Eastern Algarve ·

€345,000

Asking Price (EUR)

4.7%

True Net Yield (Owner, all-in)

3.3%

True Net Yield (Managed, all-in)

7.3%

True Gross Yield

38%

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: €29,631/yr
Average Daily Rate: €212
Payback Period: 14.5 years
5-yr Capital Value: €453,325
10-yr Capital Value: €551,539
Brixfox Score: 62.6 / 100
Comparable Properties: 6
Data Confidence: 78%
Search Radius: 2 km

True Investment Cost

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

€407,625

+18.2% over asking

Asking price€345,000
IMT — Property transfer tax (investment schedule)€15,430
IS — Stamp duty (0.8%)€2,760
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,175
Total acquisition costs€24,615
Renovation (est. €55/m² × 142 m²)
Light touch-ups — paint, fixtures, deep clean.		€7,810
(€4,260–€11,360)
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)€407,625

Gross yield (asking price)

8.6%

True gross yield (all-in)

7.3%

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: 142 m²
Style: contemporary
Condition: good
Year Built: 2008
Energy Certificate: B-
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

patterned accent wall in living roomdecorative mirror in entrywaygranite countertops in kitchen

Score Breakdown

ROI
18.36
Visual Appeal
9.4
Ownership Security
13
Location
7.2
Land & Space
4.84
Rental Demand
3.83
Payback Speed
3
STR Suitability
3

Description

T3 Apartment in Rias Parque Urbanization Fantastic T3 apartment located on the first floor of a building with an elevator, situated in the quiet and sought-after Rias Parque Urbanization, in Vila Real de Santo António. With east/west solar orientation, it boasts excellent natural light throughout the day, creating wel

Location

📍 37.1810°N, 7.4480°W

· VRSA/Monte Gordo, Algarve, Portugal

View on D.M.E. Real Estate →Also on Idealista.pt
Idealista.pt
VRSA/Monte Gordo / Eastern Algarve

T3 flat in Vila Real de Santo António

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

Grade B investment — short-term rental yields 5.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score63
GradeB
Brixfox Intelligence
63BStrong
Score Breakdown
ROI & Yield69%
Capital Growth66%
Risk Profile65%
Market Demand63%

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
+3.8%
+$65K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.8%
$1,803/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
17.3 yr
Rental only

Property details

Year built: 2008
Energy: B-
Condition: good

Description

T3 Apartment in Rias Parque Urbanization Fantastic T3 apartment located on the first floor of a building with an elevator, situated in the quiet and sought-after Rias Parque Urbanization, in Vila Real de Santo António. With east/west solar orientation, it boasts excellent natural light throughout the day, creating wel

Income Breakdown

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Nightly Rate (ADR)
$307/night
50% ($141)Brixfox estimate($307/night)200% ($565)
Occupancy
38%
10%Brixfox estimate(38%)100%

Short-Term Rental

Yearly income
$21,630
Airbnb data$307/night · 38% occupancy
Rental income
$307/night · 38% occ.
$42,859
Running costs (20%)
Utilities, cleaning, maintenance
-$8,572
Income tax (10%)
Indonesian rental income tax
-$12,000
Property tax
Annual property tax
-$656
Net income
5.8% ROI
$21,630

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$375,000
IMT (transfer tax, investment schedule)$16,772
Imposto de Selo (stamp duty)$3,000
Notary & registration$1,359
Legal / due diligence$5,625
Total acquisition costs$26,755
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$8,489
($4,630–$12,348)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$443,071

Gross yield (asking)

11.4%

True gross yield (all-in)

9.7%

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 VRSA/Monte Gordo.

$2.4M$1.8M$1.2M$594K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $345K
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 15: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$420K
+22%
Rental Income
+$106K
Total Position
$525K
+52%
8.8%/yr
Year 10
Capital Value
$511K
+48%
Rental Income
+$228K
Total Position
$739K
+114%
7.9%/yr
Year 20
Capital Value
$756K
+119%
Rental Income
+$535K
Total Position
$1.3M
+274%
6.8%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$947K
Total Position
$2.1M
+499%
6.1%/yr

Location

VRSA/Monte Gordo

Eastern 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
5.8% annual return
Occupancy
Weak
38% average occupancy
Nightly Rate
Strong
$282 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $282 — 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 38% — 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

30% occ.
6.1%
$1,905/mo
40% occ.
8.2%
$2,559/mo
38% occ.
7.8%
$2,446/mo
current
48% occ.
9.9%
$3,099/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.