T0 (studio) in Avenida das Comunidades Lusíadas, 1, Três Castelos, Portimão
T0 (studio) in Avenida das Comunidades Lusíadas, 1, Três Castelos, Portimão — image 2T0 (studio) in Avenida das Comunidades Lusíadas, 1, Três Castelos, Portimão — image 3T0 (studio) in Avenida das Comunidades Lusíadas, 1, Três Castelos, Portimão — image 4T0 (studio) in Avenida das Comunidades Lusíadas, 1, Três Castelos, Portimão — image 5
Grade B+apartmentbudget

T0 (studio) in Avenida das Comunidades Lusíadas, 1, Três Castelos, Portimão

Portimão · Western Algarve ·

€269,000

Asking Price (EUR)

6.1%

True Net Yield (Owner, all-in)

4.2%

True Net Yield (Managed, all-in)

9.4%

True Gross Yield

44%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 14% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €28,378/yr
Average Daily Rate: €176
Payback Period: 11.7 years
5-yr Capital Value: €353,462
10-yr Capital Value: €430,041
Brixfox Score: 67.8 / 100
Comparable Properties: 83
Data Confidence: 91%
Search Radius: 2 km

True Investment Cost

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

€302,844

+12.6% over asking

Asking price€269,000
IMT — Property transfer tax (investment schedule)€9,827
IS — Stamp duty (0.8%)€2,152
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,035
Total acquisition costs€17,264
Renovation (est. €55/m² × 56 m²)
Light touch-ups — paint, fixtures, deep clean.		€3,080
(€1,680–€4,480)
Furnishing & STR launch (0bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€13,500
All-in investment (incl. renovation & furnishing)€302,844

Gross yield (asking price)

10.6%

True gross yield (all-in)

9.4%

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.

Bathrooms: 1
Building: 56 m²
Style: dated
Condition: good
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
20.95
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.12
Rental Demand
4.41
Payback Speed
4
STR Suitability
3

Description

This T1 apartment is close to all amenities and services, such as restaurants and supermarkets, has excellent sun exposure and is just a few steps from the beach! The apartment comprises an entrance hall, spacious living room and equipped open-plan kitchen, new bathroom, large bedroom with built-in wardrobe and large

Location

📍 37.1198°N, 8.5458°W

· Portimão, Algarve, Portugal

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

T0 (studio) in Avenida das Comunidades Lusíadas, 1, Três Castelos, Portimão

Inventory
0 Beds
Bathrooms
1 Baths
Built Area
56 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 7.2% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score68
GradeB+
Brixfox Intelligence
68B+Strong
Score Breakdown
ROI & Yield75%
Capital Growth71%
Risk Profile70%
Market Demand68%

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
+12.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$66K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.2%
$1,759/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
13.9 yr
Rental only

Property details

Energy: C
Condition: good

Description

This T1 apartment is close to all amenities and services, such as restaurants and supermarkets, has excellent sun exposure and is just a few steps from the beach! The apartment comprises an entrance hall, spacious living room and equipped open-plan kitchen, new bathroom, large bedroom with built-in wardrobe and large

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$258/night
50% ($119)Brixfox estimate($258/night)200% ($475)
Occupancy
44%
10%Brixfox estimate(44%)100%

Short-Term Rental

Yearly income
$21,105
Airbnb data$258/night · 44% occupancy
Rental income
$258/night · 44% occ.
$41,571
Running costs (20%)
Utilities, cleaning, maintenance
-$8,314
Income tax (10%)
Indonesian rental income tax
-$11,640
Property tax
Annual property tax
-$512
Net income
7.2% ROI
$21,105

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$292,391
IMT (transfer tax, investment schedule)$10,682
Imposto de Selo (stamp duty)$2,339
Notary & registration$1,359
Legal / due diligence$4,386
Total acquisition costs$18,765
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$3,348
($1,826–$4,870)
Furnishing & STR launch
0bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$14,674
All-in investment$329,178

Gross yield (asking)

14.2%

True gross yield (all-in)

12.6%

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.

$2.1M$1.5M$1.0M$516K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $269K
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 12: 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
$327K
+22%
Rental Income
+$103K
Total Position
$430K
+60%
9.9%/yr
Year 10
Capital Value
$398K
+48%
Rental Income
+$223K
Total Position
$621K
+131%
8.7%/yr
Year 20
Capital Value
$589K
+119%
Rental Income
+$522K
Total Position
$1.1M
+313%
7.3%/yr
Year 30
Capital Value
$872K
+224%
Rental Income
+$924K
Total Position
$1.8M
+568%
6.5%/yr

Location

Portimão

Western Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

No nearby Airbnb listings found

Ask Brixfox AI

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

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.2% annual return
Occupancy
Weak
44% average occupancy
Nightly Rate
Strong
$238 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $238 — 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 44% — 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.
6.6%
$1,607/mo
40% occ.
8.9%
$2,157/mo
44% occ.
9.8%
$2,382/mo
current
54% occ.
12.0%
$2,932/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.