T3 flat in Rua Jaime Banho Dias Cordeiro, 110, Três Bicos, Portimão Cidade, Portimão
T3 flat in Rua Jaime Banho Dias Cordeiro, 110, Três Bicos, Portimão Cidade, Portimão — image 2T3 flat in Rua Jaime Banho Dias Cordeiro, 110, Três Bicos, Portimão Cidade, Portimão — image 3T3 flat in Rua Jaime Banho Dias Cordeiro, 110, Três Bicos, Portimão Cidade, Portimão — image 4T3 flat in Rua Jaime Banho Dias Cordeiro, 110, Três Bicos, Portimão Cidade, Portimão — image 5
Grade Aapartmentluxury

T3 flat in Rua Jaime Banho Dias Cordeiro, 110, Três Bicos, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€455,000

Asking Price (EUR)

Net yield — free account

True Net Yield (after-tax, all-in)

16.9%

True Gross Yield

58%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 3.6 months ago and is currently at 30% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.79, occupancy cap 68%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €91,810/yr
Average Daily Rate: 433
+36.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%), Luxury finish (+8%)
5-yr Capital Value: €527,470
10-yr Capital Value: €611,482
Brixfox Score: 81.2 / 100
Comparable Properties: 14
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.

€541,715

+19.1% over asking

Asking price€455,000
IMT — Property transfer tax (investment schedule)€23,700
IS — Stamp duty (0.8%)€3,640
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,825
Total acquisition costs€35,415
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€51,300
All-in investment (incl. renovation & furnishing)€541,715

Gross yield (asking price)

20.2%

True gross yield (all-in)

16.9%

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: 103
Style: modern
Condition: new-build
Year Built: 2023
Energy Certificate: A+
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

rooftop plunge poolsolar panelsglass balconiesopen-plan living with island kitchenherringbone wood flooring

Score Breakdown

ROI
25
Visual Appeal
15
Ownership Security
13
Location
9.36
Land & Space
4.06
Rental Demand
5.81
Payback Speed
5
STR Suitability
4

Description

This gorgeous 3-bedroom apartment is perfect for those who value space, modern living, and a touch of sophistication. With generous rooms, premium finishes, and a smart layout, it’s ideal for families or anyone who appreciates a bit more room. Set in a quiet area of Portimão, just minutes from the city center, it trul

Location

📍 37.1363°N, 8.5545°W

Approximate location

· Portimão, Algarve, Portugal

3-bedroom freehold villa in Portimão — photo 1 of 5
Sotheby's Realty Vilamoura
3-bedroom freehold villa in Portimão — photo 2 of 5
3-bedroom freehold villa in Portimão — photo 3 of 5
3-bedroom freehold villa in Portimão — photo 4 of 5
3-bedroom freehold villa in Portimão — photo 5 of 5

T3 flat in Rua Jaime Banho Dias Cordeiro, 110, Três Bicos, Portimão Cidade, Portimão

Portimão · Western Algarve · Ref BF-3347 Source verified · Sotheby's Realty Vilamoura · listed 2 Jun 2026
Asking price · Freehold
€455,000
Inquire — direct to agent
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
103 m²
Est. ADR
€433/night
Occupancy
58%
Brixfox Score 81 · AFinancial analysis ↓

Unlock full financial data

Get revenue, ROI calculations, AI audits, and investment scores for every property.

Property details

Year built: 2023
Energy: A+
Condition: new-build

Description

This gorgeous 3-bedroom apartment is perfect for those who value space, modern living, and a touch of sophistication. With generous rooms, premium finishes, and a smart layout, it’s ideal for families or anyone who appreciates a bit more room. Set in a quiet area of Portimão, just minutes from the city center, it trul

Investment figures under review

The rental projection for this property failed our plausibility check, so we've temporarily hidden its yield and ROI figures rather than show numbers we can't stand behind. We're re-validating the underlying occupancy, rate and price data — check back shortly.

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

2 of 2 free AI questions left — Pro is unlimited.

Where it sits — and the comps around it

The Airbnb listings behind the market evidence above, on the map.

Location

Portimão

Western Algarve, Approximate area

Loading Map...

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Pending
Estimate unavailable
Occupancy
Average
58% average occupancy
Nightly Rate
Strong
€433 per night
Visual Appeal
Strong
8/10 visual appeal
Size & Space
Weak
0 m² land area
AL Licence
Pending
Not verified — confirm AL registration before purchase
Tenure
Strong
Freehold ownership

Upgrade to Pro to see full scorecard analysis

Interested in this property?

Your inquiry goes directly to the listing agent — with your Brixfox analysis attached, so you arrive as a qualified buyer, not a cold email. Brixfox adds no fee.

Source verified · Sotheby's Realty Vilamoura

We forward your message and analysis to the listing agency and keep a copy to follow up. No spam, no fee.

Data Sources & Methodology

ROI calculations use Brixfox Intelligence rental data from live Airbnb calendar tracking — the Algarve dataset has been live since March 2026, seasonality-adjusted to a full-year estimate with a conservative calibration while it matures. Operating costs are modelled per line (management, channel fees, cleaning, utilities, IMI, maintenance, insurance). After-tax yields deduct non-resident IRS on AL income under the simplified regime (~8.75% of gross); buyer-side IMT and stamp duty are included in the all-in cost basis. Market factors in Portugal may impact actual yields.