T3 flat in Rua do Colégio, Portimão
T3 flat in Rua do Colégio, Portimão — image 2T3 flat in Rua do Colégio, Portimão — image 3T3 flat in Rua do Colégio, Portimão — image 4T3 flat in Rua do Colégio, Portimão — image 5
Grade B+apartmentmid-range

T3 flat in Rua do Colégio, Portimão

Portimão · Western Algarve ·

€350,000

Asking Price (EUR)

6.7%

True Net Yield (Owner, all-in)

4.6%

True Net Yield (Managed, all-in)

8.4%

True Gross Yield

45%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.2 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €34,244/yr
Average Daily Rate: €208
+3.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%)
Payback Period: 20.7 years
5-yr Capital Value: €405,746
10-yr Capital Value: €470,371
Brixfox Score: 70 / 100
Comparable Properties: 12
Data Confidence: 82%
Search Radius: 2 km

True Investment Cost

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

€405,330

+15.8% over asking

Asking price€350,000
IMT — Property transfer tax (investment schedule)€15,830
IS — Stamp duty (0.8%)€2,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,250
Total acquisition costs€25,130
Renovation€0 — move-in ready
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)€405,330

Gross yield (asking price)

9.8%

True gross yield (all-in)

8.4%

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.

Bedrooms: 3
Bathrooms: 3
Building: 153 m²
Style: contemporary
Condition: new-build
Year Built: 2027
Energy Certificate: A+

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

balconies with integrated plantersclean lines and modern facade

Score Breakdown

ROI
17.49
Visual Appeal
13.6
Ownership Security
13
Location
9.36
Land & Space
5.06
Rental Demand
4.52
Payback Speed
3
STR Suitability
4

Description

This T3 type apartment, with approximately 113.85m2 of usable area, in an 8-story building with 16 apartments, with a parking space. It consists of a living room with an open-plan kitchen, with access to a balcony, a service bathroom, and three bedrooms, one of which is a suite with a balcony. The interiors prioritize

Location

📍 37.1372°N, 8.5388°W

· Portimão, Algarve, Portugal

View on Prisma Audaz - Unipessoal, Lda →Also on Idealista.pt
T3 flat in Rua do Colégio, Portimão
Idealista.pt
Source verified

T3 flat in Rua do Colégio, Portimão

Portimão · Western Algarve · Freehold · Ref BF-4865
Ownership
Freehold
Bedrooms
3
Bathrooms
3
Built area
153 m²
True net yield
4.8%
≈ $3,017/mo net after costs & tax
Brixfox Score 70 · B+

Property details

Year built: 2027
Energy: A+
Condition: new-build

Description

This T3 type apartment, with approximately 113.85m2 of usable area, in an 8-story building with 16 apartments, with a parking space. It consists of a living room with an open-plan kitchen, with access to a balcony, a service bathroom, and three bedrooms, one of which is a suite with a balcony. The interiors prioritize

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$299/night
50% ($137)Brixfox estimate($299/night)200% ($550)
Occupancy
45%
10%Brixfox estimate(45%)100%

Short-Term Rental

Yearly income
$23,720
Airbnb data$299/night · 45% occupancy
Rental income
$299/night · 45% occ.
$45,615
Running costs (20%)
Utilities, cleaning, maintenance
-$9,123
Income tax (10%)
Indonesian rental income tax
-$12,772
Property tax
Annual property tax
-$0
Net income
6.2% ROI
$23,720

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

4.8%

on all-in cost of $427,560

Scenario
Pre-tax
After-tax
Owner-managed
8.5%
7.5%
Fully-managed
5.8%
4.8%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

10.7%

Annual Revenue

$45,615

Income Tax / yr

$3,991

Payback

21 yrs

True All-In Cost
Asking price$380,435
IMT — transfer tax (non-resident 7.5%)$28,533
Stamp duty (0.8%)$3,043
Notary + registry$2,174
Legal$4,679
Furnishing + STR launch$8,696
All-in cost$427,560

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Portimão.

$2.5M$1.9M$1.2M$625K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $350K
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 14: 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
$426K
+22%
Rental Income
+$116K
Total Position
$542K
+55%
9.1%/yr
Year 10
Capital Value
$518K
+48%
Rental Income
+$250K
Total Position
$768K
+120%
8.2%/yr
Year 20
Capital Value
$767K
+119%
Rental Income
+$586K
Total Position
$1.4M
+287%
7.0%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$1.0M
Total Position
$2.2M
+521%
6.3%/yr

Location

Portimão

Western Algarve, Approximate area

Loading Map...

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
6.2% annual return
Occupancy
Average
45% average occupancy
Nightly Rate
Strong
$275 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $275 — 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 45% — 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.
6.0%
$1,909/mo
40% occ.
8.0%
$2,545/mo
45% occ.
9.1%
$2,874/mo
current
55% occ.
11.1%
$3,510/mo

Inquire — direct to the agent

Your message goes straight to the listing agent. No middleman, no markup.

Your inquiry will be sent directly to the listing agent.

Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.

Asking price · Freehold
$380,435
4.8%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.