Quinta in Três Castelos, Portimão
Quinta in Três Castelos, Portimão — image 2Quinta in Três Castelos, Portimão — image 3Quinta in Três Castelos, Portimão — image 4Quinta in Três Castelos, Portimão — image 5
Grade B+villabudget

Quinta in Três Castelos, Portimão

Portimão · Western Algarve ·

€2M

Asking Price (EUR)

Limited comps — indicative only

Revenue projections are based on limited comparable data (1 comps, 51% confidence).

1.4%

True Net Yield (Owner, all-in)

1.0%

True Net Yield (Managed, all-in)

2.2%

True Gross Yield

43%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2 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: €199,214/yr
Average Daily Rate: €1265
-6.0% vs area baselineImage quality 4/10 (-9%), Portuguese-traditional style (+5%), Has pool (0%), Has view (+10%), Budget finish (-12%)
Payback Period: 12.5 years
5-yr Capital Value: €2.6M
10-yr Capital Value: €3.2M
Brixfox Score: 67.1 / 100
Comparable Properties: 1
Data Confidence: 51%
Search Radius: 15 km

True Investment Cost

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

€9.0M

+352.4% over asking

Asking price€2M
IMT — Property transfer tax (investment schedule)€150,000
IS — Stamp duty (0.8%)€16,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€30,000
Total acquisition costs€197,250
Renovation (est. €900/m² × 7536 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€6.8M
(€5.3M–€8.3M)
Furnishing & STR launch (16bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€68,250
All-in investment (incl. renovation & furnishing)€9.0M

Gross yield (asking price)

10.0%

True gross yield (all-in)

2.2%

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: 16
Building: 7536 m²
Land: 7536 m²
Style: portuguese-traditional
Condition: needs-renovation
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large plotmultiple buildingssea view potential

Score Breakdown

ROI
20.07
Visual Appeal
5
Ownership Security
13
Location
9.36
Land & Space
9.33
Rental Demand
4.31
Payback Speed
3
STR Suitability
3

Description

Set of two farms for sale in Portimão, 800 m from Praia do Amado and Praia dos 3 Castelos, with a total of 7536 m² spread over two plots. The main plot, with 3982 m², includes a building with basement, ground floor and two floors, served by elevator. Basement with a room for storage Ground floor with garage room G

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

View on Brava Properties →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

Quinta in Três Castelos, Portimão

Inventory
16 Beds
Bathrooms
0 Baths
Built Area
7536 m²
Land Plot
7536 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 6.7% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score67
GradeB+
Brixfox Intelligence
67B+Strong
Score Breakdown
ROI & Yield74%
Capital Growth70%
Risk Profile69%
Market Demand67%

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
+11.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$492K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.7%
$12,182/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
14.9 yr
Rental only

Property details

Condition: needs-renovation

Description

Set of two farms for sale in Portimão, 800 m from Praia do Amado and Praia dos 3 Castelos, with a total of 7536 m² spread over two plots. The main plot, with 3982 m², includes a building with basement, ground floor and two floors, served by elevator. Basement with a room for storage Ground floor with garage room G

Income Breakdown

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Nightly Rate (ADR)
$1,832/night
50% ($843)Brixfox estimate($1,832/night)200% ($3371)
Occupancy
43%
10%Brixfox estimate(43%)100%

Short-Term Rental

Yearly income
$146,180
Airbnb data$1,832/night · 43% occupancy
Rental income
$1,832/night · 43% occ.
$288,432
Running costs (20%)
Utilities, cleaning, maintenance
-$57,686
Income tax (10%)
Indonesian rental income tax
-$80,761
Property tax
Annual property tax
-$3,804
Net income
6.7% ROI
$146,180

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$2,173,913
IMT (transfer tax, investment schedule)$163,043
Imposto de Selo (stamp duty)$17,391
Notary & registration$1,359
Legal / due diligence$32,609
Total acquisition costs$214,402
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$7,372,174
($5,733,913–$9,010,435)
Furnishing & STR launch
16bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$72,011
All-in investment$9,832,500

Gross yield (asking)

13.3%

True gross yield (all-in)

2.9%

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.

$14.8M$11.1M$7.4M$3.7M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $2.0M
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 13: 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
$2.4M
+22%
Rental Income
+$714K
Total Position
$3.1M
+57%
9.5%/yr
Year 10
Capital Value
$3.0M
+48%
Rental Income
+$1.5M
Total Position
$4.5M
+125%
8.5%/yr
Year 20
Capital Value
$4.4M
+119%
Rental Income
+$3.6M
Total Position
$8.0M
+300%
7.2%/yr
Year 30
Capital Value
$6.5M
+224%
Rental Income
+$6.4M
Total Position
$12.9M
+544%
6.4%/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
Good
6.7% annual return
Occupancy
Weak
43% average occupancy
Nightly Rate
Strong
$1686 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Strong
7536 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $1686 — positioned in the top tier
Generous 7536 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 43% — 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.
6.3%
$11,387/mo
40% occ.
8.4%
$15,288/mo
43% occ.
9.1%
$16,509/mo
current
53% occ.
11.3%
$20,410/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.