T3 flat in Rua Manuel Lobo, 14, Portimão
T3 flat in Rua Manuel Lobo, 14, Portimão — image 2T3 flat in Rua Manuel Lobo, 14, Portimão — image 3T3 flat in Rua Manuel Lobo, 14, Portimão — image 4T3 flat in Rua Manuel Lobo, 14, Portimão — image 5
Grade Aapartmentmid-range

T3 flat in Rua Manuel Lobo, 14, Portimão

Portimão · Western Algarve ·

€285,000

Asking Price (EUR)

11.9%

True Net Yield (Owner, all-in)

8.2%

True Net Yield (Managed, all-in)

18.2%

True Gross Yield

60%

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: €62,228/yr
Average Daily Rate: €282
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 5.7 years
5-yr Capital Value: €374,486
10-yr Capital Value: €455,619
Brixfox Score: 76.2 / 100
Comparable Properties: 17
Data Confidence: 86%
Search Radius: 2 km

True Investment Cost

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

€341,212

+19.7% over asking

Asking price€285,000
IMT — Property transfer tax (investment schedule)€10,947
IS — Stamp duty (0.8%)€2,280
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,275
Total acquisition costs€18,752
Renovation (est. €55/m² × 132 m²)
Light touch-ups — paint, fixtures, deep clean.		€7,260
(€3,960–€10,560)
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)€341,212

Gross yield (asking price)

21.8%

True gross yield (all-in)

18.2%

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: 132 m²
Style: contemporary
Condition: good
Year Built: 1992
Energy Certificate: D
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

modern white kitchen cabinetrydark wood-look flooringbalcony with city/sea viewmodern black-framed shower

Score Breakdown

ROI
25
Visual Appeal
10.2
Ownership Security
13
Location
9.36
Land & Space
4.64
Rental Demand
6.04
Payback Speed
5
STR Suitability
3

Description

DON'T MISS THIS GREAT OPPORTUNITY! SPACIOUS AND COMPLETELY RENOVATED 3-BEDROOM APARTMENT WITH TWO LARGE BALCONIES, ONE ENCLOSED IN A MARQUISE WITH A CLEAR VIEW, TWO BATHROOMS, VERY WELL LOCATED IN THE CENTRE OF PORTIMÃO CLOSE TO ALL AMENITIES AND SERVICES, STEPS FROM THE RIVERSIDE AREA AND A FEW MINUTES FROM THE BEAUTI

Location

📍 37.1392°N, 8.5362°W

· Portimão, Algarve, Portugal

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

T3 flat in Rua Manuel Lobo, 14, Portimão

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

Grade A investment — short-term rental yields 15.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score76
GradeA
Brixfox Intelligence
76AExcellent
Score Breakdown
ROI & Yield84%
Capital Growth80%
Risk Profile77%
Market Demand76%

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
+20.0%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$70K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
15.1%
$3,900/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
5 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
6.6 yr
Rental only

Property details

Year built: 1992
Energy: D
Condition: good

Description

DON'T MISS THIS GREAT OPPORTUNITY! SPACIOUS AND COMPLETELY RENOVATED 3-BEDROOM APARTMENT WITH TWO LARGE BALCONIES, ONE ENCLOSED IN A MARQUISE WITH A CLEAR VIEW, TWO BATHROOMS, VERY WELL LOCATED IN THE CENTRE OF PORTIMÃO CLOSE TO ALL AMENITIES AND SERVICES, STEPS FROM THE RIVERSIDE AREA AND A FEW MINUTES FROM THE BEAUTI

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$413/night
50% ($190)Brixfox estimate($413/night)200% ($760)
Occupancy
60%
10%Brixfox estimate(60%)100%

Short-Term Rental

Yearly income
$46,803
Airbnb data$413/night · 60% occupancy
Rental income
$413/night · 60% occ.
$91,048
Running costs (20%)
Utilities, cleaning, maintenance
-$18,210
Income tax (10%)
Indonesian rental income tax
-$25,493
Property tax
Annual property tax
-$542
Net income
15.1% ROI
$46,803

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$309,783
IMT (transfer tax, investment schedule)$11,899
Imposto de Selo (stamp duty)$2,478
Notary & registration$1,359
Legal / due diligence$4,647
Total acquisition costs$20,383
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$7,891
($4,304–$11,478)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$370,883

Gross yield (asking)

29.4%

True gross yield (all-in)

24.5%

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.

$3.4M$2.6M$1.7M$855K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $285K
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 7: rental income alone has repaid the full purchase price.
2x return
Year 5: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$347K
+22%
Rental Income
+$229K
Total Position
$575K
+102%
15.1%/yr
Year 10
Capital Value
$422K
+48%
Rental Income
+$494K
Total Position
$915K
+221%
12.4%/yr
Year 20
Capital Value
$624K
+119%
Rental Income
+$1.2M
Total Position
$1.8M
+525%
9.6%/yr
Year 30
Capital Value
$924K
+224%
Rental Income
+$2.0M
Total Position
$3.0M
+943%
8.1%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
15.1% annual return
Occupancy
Good
60% average occupancy
Nightly Rate
Strong
$380 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 15.1% — outperforms most villas in this market
Premium nightly rate of $380 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Compact plot at 0 m² — limited expansion potential

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

40% occ.
13.6%
$3,506/mo
50% occ.
17.0%
$4,386/mo
60% occ.
20.4%
$5,266/mo
current
70% occ.
23.8%
$6,146/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.