T3 flat in Rua do Oceano Atlântico, 32, Encosta da Marina, Portimão
T3 flat in Rua do Oceano Atlântico, 32, Encosta da Marina, Portimão — image 2T3 flat in Rua do Oceano Atlântico, 32, Encosta da Marina, Portimão — image 3T3 flat in Rua do Oceano Atlântico, 32, Encosta da Marina, Portimão — image 4T3 flat in Rua do Oceano Atlântico, 32, Encosta da Marina, Portimão — image 5
Grade Aapartmentmid-range

T3 flat in Rua do Oceano Atlântico, 32, Encosta da Marina, Portimão

Portimão · Western Algarve ·

€375,000

Asking Price (EUR)

8.8%

True Net Yield (Owner, all-in)

6.1%

True Net Yield (Managed, all-in)

13.6%

True Gross Yield

59%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.2 months ago and is currently at 10% 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: €59,888/yr
Average Daily Rate: €279
+7.0% vs area baselineImage quality 6/10 (-3%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 7.6 years
5-yr Capital Value: €492,744
10-yr Capital Value: €599,499
Brixfox Score: 75.2 / 100
Comparable Properties: 27
Data Confidence: 90%
Search Radius: 2 km

True Investment Cost

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

€441,595

+17.8% over asking

Asking price€375,000
IMT — Property transfer tax (investment schedule)€17,830
IS — Stamp duty (0.8%)€3,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,625
Total acquisition costs€27,705
Renovation (est. €55/m² × 158 m²)
Light touch-ups — paint, fixtures, deep clean.		€8,690
(€4,740–€12,640)
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)€441,595

Gross yield (asking price)

16.0%

True gross yield (all-in)

13.6%

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: 158 m²
Style: contemporary
Condition: good
Year Built: 2005
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

accent wall in bedroomwood panel ceiling in hallway

Score Breakdown

ROI
25
Visual Appeal
8.8
Ownership Security
13
Location
9.36
Land & Space
5.16
Rental Demand
5.89
Payback Speed
5
STR Suitability
3

Description

DON'T MISS THIS GREAT OPPORTUNITY! MODERN AND SPACIOUS 3 BEDROOM APARTMENT COMPLETELY RENOVATED WITH PRIVATE AND COVERED PARKING SPACE, TWO BATHROOMS, STORAGE ROOM AND TWO LARGE BALCONIES VERY WELL LOCATED IN ONE OF THE BEST AREAS OF PORTIMAO - ENCOSTA DA MARINA STEPS FROM THE BEACH! This apartment is close to all am

Location

📍 37.1240°N, 8.5363°W

· Portimão, Algarve, Portugal

View on Century21 Realty Art 2 →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

T3 flat in Rua do Oceano Atlântico, 32, Encosta da Marina, Portimão

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

Grade A investment — short-term rental yields 11.2% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score75
GradeA
Brixfox Intelligence
75AExcellent
Score Breakdown
ROI & Yield83%
Capital Growth79%
Risk Profile76%
Market Demand75%

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
+16.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$92K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
11.2%
$3,804/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
6 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
8.9 yr
Rental only

Property details

Year built: 2005
Energy: C
Condition: good

Description

DON'T MISS THIS GREAT OPPORTUNITY! MODERN AND SPACIOUS 3 BEDROOM APARTMENT COMPLETELY RENOVATED WITH PRIVATE AND COVERED PARKING SPACE, TWO BATHROOMS, STORAGE ROOM AND TWO LARGE BALCONIES VERY WELL LOCATED IN ONE OF THE BEST AREAS OF PORTIMAO - ENCOSTA DA MARINA STEPS FROM THE BEACH! This apartment is close to all am

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$415/night
50% ($191)Brixfox estimate($415/night)200% ($764)
Occupancy
59%
10%Brixfox estimate(59%)100%

Short-Term Rental

Yearly income
$45,649
Airbnb data$415/night · 59% occupancy
Rental income
$415/night · 59% occ.
$89,158
Running costs (20%)
Utilities, cleaning, maintenance
-$17,832
Income tax (10%)
Indonesian rental income tax
-$24,964
Property tax
Annual property tax
-$713
Net income
11.2% ROI
$45,649

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$407,609
IMT (transfer tax, investment schedule)$19,380
Imposto de Selo (stamp duty)$3,261
Notary & registration$1,359
Legal / due diligence$6,114
Total acquisition costs$30,114
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$9,446
($5,152–$13,739)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$479,995

Gross yield (asking)

21.9%

True gross yield (all-in)

18.6%

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.

$3.7M$2.8M$1.8M$924K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $375K
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 9: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$456K
+22%
Rental Income
+$223K
Total Position
$679K
+81%
12.6%/yr
Year 10
Capital Value
$555K
+48%
Rental Income
+$481K
Total Position
$1.0M
+176%
10.7%/yr
Year 20
Capital Value
$822K
+119%
Rental Income
+$1.1M
Total Position
$2.0M
+420%
8.6%/yr
Year 30
Capital Value
$1.2M
+224%
Rental Income
+$2.0M
Total Position
$3.2M
+757%
7.4%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
11.2% annual return
Occupancy
Average
59% average occupancy
Nightly Rate
Strong
$382 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

High rental yield at 11.2% — outperforms most villas in this market
Premium nightly rate of $382 — 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 59% — 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

39% occ.
9.9%
$3,374/mo
49% occ.
12.5%
$4,258/mo
59% occ.
15.1%
$5,141/mo
current
69% occ.
17.7%
$6,025/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.