T3 flat in Rua Engenheiro Amaro da Costa, 5, Portimão
T3 flat in Rua Engenheiro Amaro da Costa, 5, Portimão — image 2T3 flat in Rua Engenheiro Amaro da Costa, 5, Portimão — image 3T3 flat in Rua Engenheiro Amaro da Costa, 5, Portimão — image 4T3 flat in Rua Engenheiro Amaro da Costa, 5, Portimão — image 5
Grade Aapartmentmid-range

T3 flat in Rua Engenheiro Amaro da Costa, 5, Portimão

Portimão · Western Algarve ·

€495,000

Asking Price (EUR)

6.8%

True Net Yield (Owner, all-in)

4.7%

True Net Yield (Managed, all-in)

10.5%

True Gross Yield

61%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.3 months ago and is currently at 11% 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: €59,081/yr
Average Daily Rate: €265
Payback Period: 10.2 years
5-yr Capital Value: €650,423
10-yr Capital Value: €791,339
Brixfox Score: 75.7 / 100
Comparable Properties: 15
Data Confidence: 84%
Search Radius: 2 km

True Investment Cost

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

€565,265

+14.2% over asking

Asking price€495,000
IMT — Property transfer tax (investment schedule)€27,430
IS — Stamp duty (0.8%)€3,960
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,425
Total acquisition costs€40,065
Renovation€0 — move-in ready
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)€565,265

Gross yield (asking price)

11.9%

True gross yield (all-in)

10.5%

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: 160 m²
Style: contemporary
Condition: excellent
Energy Certificate: B

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

open-plan living and kitchen areamodern pendant lightingbuilt-in shelving unit

Score Breakdown

ROI
22.88
Visual Appeal
12.2
Ownership Security
13
Location
9.36
Land & Space
5.2
Rental Demand
6.1
Payback Speed
4
STR Suitability
3

Description

We present this 3 bedroom flat, located in the centre of Portimão, in a strategic area for those looking for space, convenience and immediate access to services. The location, combined with the interior spaciousness and the quality of the finishes, make this property a clearly above-average option for those who value

Location

📍 37.1390°N, 8.5423°W

· Portimão, Algarve, Portugal

View on City Home Imobiliária →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

T3 flat in Rua Engenheiro Amaro da Costa, 5, Portimão

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

Grade A investment — short-term rental yields 8.3% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score76
GradeA
Brixfox Intelligence
76AExcellent
Score Breakdown
ROI & Yield84%
Capital Growth80%
Risk Profile77%
Market Demand76%

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
+13.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$122K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.3%
$3,721/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
12.1 yr
Rental only

Property details

Energy: B
Condition: excellent

Description

We present this 3 bedroom flat, located in the centre of Portimão, in a strategic area for those looking for space, convenience and immediate access to services. The location, combined with the interior spaciousness and the quality of the finishes, make this property a clearly above-average option for those who value

Income Breakdown

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Nightly Rate (ADR)
$394/night
50% ($181)Brixfox estimate($394/night)200% ($725)
Occupancy
61%
10%Brixfox estimate(61%)100%

Short-Term Rental

Yearly income
$44,646
Airbnb data$394/night · 61% occupancy
Rental income
$394/night · 61% occ.
$87,668
Running costs (20%)
Utilities, cleaning, maintenance
-$17,534
Income tax (10%)
Indonesian rental income tax
-$24,547
Property tax
Annual property tax
-$942
Net income
8.3% ROI
$44,646

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$538,043
IMT (transfer tax, investment schedule)$29,815
Imposto de Selo (stamp duty)$4,304
Notary & registration$1,359
Legal / due diligence$8,071
Total acquisition costs$43,549
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$614,418

Gross yield (asking)

16.3%

True gross yield (all-in)

14.3%

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.

$4.1M$3.1M$2.0M$1.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $495K
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 11: 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
$602K
+22%
Rental Income
+$218K
Total Position
$820K
+66%
10.6%/yr
Year 10
Capital Value
$733K
+48%
Rental Income
+$471K
Total Position
$1.2M
+143%
9.3%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$1.1M
Total Position
$2.2M
+342%
7.7%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$2.0M
Total Position
$3.6M
+619%
6.8%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
8.3% annual return
Occupancy
Good
61% average occupancy
Nightly Rate
Strong
$362 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

High rental yield at 8.3% — outperforms most villas in this market
Premium nightly rate of $362 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Compact plot at 0 m² — limited expansion potential

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

41% occ.
7.5%
$3,359/mo
51% occ.
9.4%
$4,197/mo
61% occ.
11.2%
$5,036/mo
current
71% occ.
13.1%
$5,874/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.