Detached house in Rua das Glicinias, Fojo, Portimão Cidade, Portimão
Detached house in Rua das Glicinias, Fojo, Portimão Cidade, Portimão — image 2Detached house in Rua das Glicinias, Fojo, Portimão Cidade, Portimão — image 3Detached house in Rua das Glicinias, Fojo, Portimão Cidade, Portimão — image 4Detached house in Rua das Glicinias, Fojo, Portimão Cidade, Portimão — image 5
Grade B+villamid-range

Detached house in Rua das Glicinias, Fojo, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€995,000

Asking Price (EUR)

4.2%

True Net Yield (Owner, all-in)

2.9%

True Net Yield (Managed, all-in)

6.5%

True Gross Yield

40%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 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: €74,268/yr
Average Daily Rate: 514
Payback Period: 16.7 years
5-yr Capital Value: €1.3M
10-yr Capital Value: €1.6M
Brixfox Score: 69 / 100
Comparable Properties: 11
Data Confidence: 80%
Search Radius: 2 km

True Investment Cost

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

€1.1M

+14.7% over asking

Asking price€995,000
IMT — Property transfer tax (investment schedule)€59,700
IS — Stamp duty (0.8%)€7,960
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€14,925
Total acquisition costs€83,835
Renovation (est. €55/m² × 454)
Light touch-ups — paint, fixtures, deep clean.
€24,970
(€13,620€36,320)
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€37,550
All-in investment (incl. renovation & furnishing)€1.1M

Gross yield (asking price)

7.5%

True gross yield (all-in)

6.5%

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: 4
Bathrooms: 4
Building: 454
Land: 918
Style: portuguese-traditional
Condition: good
Year Built: 2016
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

multiple balconiestiled roofstone accents

Score Breakdown

ROI
16.98
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
10.7
Rental Demand
3.96
Payback Speed
2
STR Suitability
3

Description

We present a stunning house situated in a new and totally quiet urbanization, just 3 minutes from the commercial center and with easy access to the charming beaches of Alvor. Ideal for families seeking quality of life or investors looking for profitability. Exceptional Features: Ample Outdoor Space: Generous land wi

Location

📍 37.1372°N, 8.5526°W

· Portimão, Algarve, Portugal

Idealista.pt
Portimão / Western Algarve

Detached house in Rua das Glicinias, Fojo, Portimão Cidade, Portimão

Inventory
4 Beds
Bathrooms
4 Baths
Built Area
454 m²
Land Plot
918 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 5.0% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score69
GradeB+
Brixfox Intelligence
69B+Strong
Score Breakdown
ROI & Yield76%
Capital Growth72%
Risk Profile71%
Market Demand69%

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
+9.9%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$245K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.0%
$4,498/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
20.0 yr
Rental only

Property details

Year built: 2016
Energy: C
Condition: good

Description

We present a stunning house situated in a new and totally quiet urbanization, just 3 minutes from the commercial center and with easy access to the charming beaches of Alvor. Ideal for families seeking quality of life or investors looking for profitability. Exceptional Features: Ample Outdoor Space: Generous land wi

Income Breakdown

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Nightly Rate (ADR)
$743/night
50% ($342)Brixfox estimate($743/night)200% ($1368)
Occupancy
40%
10%Brixfox estimate(40%)100%

Short-Term Rental

Yearly income
$53,980
Airbnb data$743/night · 40% occupancy
Rental income
$743/night · 40% occ.
$107,447
Running costs (20%)
Utilities, cleaning, maintenance
-$21,489
Income tax (10%)
Indonesian rental income tax
-$30,085
Property tax
Annual property tax
-$1,893
Net income
5.0% ROI
$53,980

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$1,081,522
IMT (transfer tax, investment schedule)$64,891
Imposto de Selo (stamp duty)$8,652
Notary & registration$1,359
Legal / due diligence$16,223
Total acquisition costs$91,125
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.
$27,141
($14,804$39,478)
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.
$38,641
All-in investment$1,238,429

Gross yield (asking)

9.9%

True gross yield (all-in)

8.7%

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.

$6.4M$4.8M$3.2M$1.6M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $995K
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 16: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.2M
+22%
Rental Income
+$264K
Total Position
$1.5M
+48%
8.2%/yr
Year 10
Capital Value
$1.5M
+48%
Rental Income
+$569K
Total Position
$2.0M
+105%
7.5%/yr
Year 20
Capital Value
$2.2M
+119%
Rental Income
+$1.3M
Total Position
$3.5M
+253%
6.5%/yr
Year 30
Capital Value
$3.2M
+224%
Rental Income
+$2.4M
Total Position
$5.6M
+462%
5.9%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
5.0% annual return
Occupancy
Weak
40% average occupancy
Nightly Rate
Strong
$684 per night
Visual Appeal
Average
4/10 instagrammability
Size & Space
Strong
918 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $684 — positioned in the top tier
Generous 918 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
Yield of 5.0% is near the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
5.1%
$4,591/mo
40% occ.
6.8%
$6,173/mo
current
40% occ.
6.8%
$6,110/mo
current
50% occ.
8.5%
$7,693/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.