House in Rua Amadeu de Souza-Cardozo, Malheiro - Belmonte - Ladeira do Vau, Portimão
House in Rua Amadeu de Souza-Cardozo, Malheiro - Belmonte - Ladeira do Vau, Portimão — image 2House in Rua Amadeu de Souza-Cardozo, Malheiro - Belmonte - Ladeira do Vau, Portimão — image 3House in Rua Amadeu de Souza-Cardozo, Malheiro - Belmonte - Ladeira do Vau, Portimão — image 4House in Rua Amadeu de Souza-Cardozo, Malheiro - Belmonte - Ladeira do Vau, Portimão — image 5
Grade Avillabudget

House in Rua Amadeu de Souza-Cardozo, Malheiro - Belmonte - Ladeira do Vau, Portimão

Portimão · Western Algarve ·

€590,000

Asking Price (EUR)

7.6%

True Net Yield (Owner, all-in)

5.2%

True Net Yield (Managed, all-in)

11.6%

True Gross Yield

54%

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: €89,535/yr
Average Daily Rate: 454
-18.0% vs area baselineImage quality 4/10 (-9%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 8.2 years
5-yr Capital Value: €775,251
10-yr Capital Value: €943,212
Brixfox Score: 76.8 / 100
Comparable Properties: 5
Data Confidence: 71%
Search Radius: 2 km

True Investment Cost

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

€770,450

+30.6% over asking

Asking price€590,000
IMT — Property transfer tax (investment schedule)€35,030
IS — Stamp duty (0.8%)€4,720
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,850
Total acquisition costs€49,850
Renovation (est. €900/m² × 113)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.
€101,700
(€79,100€124,300)
Furnishing & STR launch (5bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€28,900
All-in investment (incl. renovation & furnishing)€770,450

Gross yield (asking price)

15.2%

True gross yield (all-in)

11.6%

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: 5
Bathrooms: 2
Building: 113
Land: 4200
Style: portuguese-traditional
Condition: needs-renovation
Energy Certificate: Not indicated
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional white washed exteriorterra cotta roof tiles

Score Breakdown

ROI
25
Visual Appeal
5
Ownership Security
13
Location
9.36
Land & Space
12
Rental Demand
5.41
Payback Speed
4
STR Suitability
3

Description

Property in rural area with habitation purpose and Agricultural Land Set in a quiet rural environment in the Algarve, Portimao, this mixed-use property combines urban living and agricultural land, offering flexibility for private residence, family living, or eventually income-generating projects. The property include

Location

📍 37.1696°N, 8.5529°W

· Portimão, Algarve, Portugal

Idealista.pt
Portimão / Western Algarve

House in Rua Amadeu de Souza-Cardozo, Malheiro - Belmonte - Ladeira do Vau, Portimão

Inventory
5 Beds
Bathrooms
2 Baths
Built Area
113 m²
Land Plot
4200 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 10.3% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score77
GradeA
Brixfox Intelligence
77AExcellent
Score Breakdown
ROI & Yield85%
Capital Growth81%
Risk Profile78%
Market Demand77%

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
+15.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$145K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
10.3%
$5,517/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
9.7 yr
Rental only

Property details

Energy: Not indicated
Condition: needs-renovation

Description

Property in rural area with habitation purpose and Agricultural Land Set in a quiet rural environment in the Algarve, Portimao, this mixed-use property combines urban living and agricultural land, offering flexibility for private residence, family living, or eventually income-generating projects. The property include

Income Breakdown

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Nightly Rate (ADR)
$656/night
50% ($302)Brixfox estimate($656/night)200% ($1207)
Occupancy
54%
10%Brixfox estimate(54%)100%

Short-Term Rental

Yearly income
$66,203
Airbnb data$656/night · 54% occupancy
Rental income
$656/night · 54% occ.
$129,472
Running costs (20%)
Utilities, cleaning, maintenance
-$25,894
Income tax (10%)
Indonesian rental income tax
-$36,252
Property tax
Annual property tax
-$1,122
Net income
10.3% ROI
$66,203

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$641,304
IMT (transfer tax, investment schedule)$38,076
Imposto de Selo (stamp duty)$5,130
Notary & registration$1,359
Legal / due diligence$9,620
Total acquisition costs$54,185
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.
$110,543
($85,978$135,109)
Furnishing & STR launch
5bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.
$29,239
All-in investment$835,272

Gross yield (asking)

20.2%

True gross yield (all-in)

15.5%

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.

$5.5M$4.1M$2.8M$1.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $590K
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
$718K
+22%
Rental Income
+$323K
Total Position
$1.0M
+76%
12.0%/yr
Year 10
Capital Value
$873K
+48%
Rental Income
+$698K
Total Position
$1.6M
+166%
10.3%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$1.6M
Total Position
$2.9M
+397%
8.3%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$2.9M
Total Position
$4.8M
+715%
7.2%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
10.3% annual return
Occupancy
Average
54% average occupancy
Nightly Rate
Strong
$603 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Strong
4200 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 10.3% — outperforms most villas in this market
Premium nightly rate of $603 — positioned in the top tier
Generous 4200 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 54% — 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

34% occ.
8.7%
$4,666/mo
44% occ.
11.3%
$6,062/mo
54% occ.
14.0%
$7,459/mo
current
64% occ.
16.6%
$8,855/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.