Detached house in Rua Doutor Estevão de Vasconcelos, 1, Zona Ribeirinha, Portimão
Detached house in Rua Doutor Estevão de Vasconcelos, 1, Zona Ribeirinha, Portimão — image 2Detached house in Rua Doutor Estevão de Vasconcelos, 1, Zona Ribeirinha, Portimão — image 3Detached house in Rua Doutor Estevão de Vasconcelos, 1, Zona Ribeirinha, Portimão — image 4Detached house in Rua Doutor Estevão de Vasconcelos, 1, Zona Ribeirinha, Portimão — image 5
Grade B+villamid-range

Detached house in Rua Doutor Estevão de Vasconcelos, 1, Zona Ribeirinha, Portimão

Portimão · Western Algarve ·

€289,000

Asking Price (EUR)

9.3%

True Net Yield (Owner, all-in)

6.4%

True Net Yield (Managed, all-in)

14.3%

True Gross Yield

59%

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: €49,684/yr
Average Daily Rate: €232
-10.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%)
Payback Period: 8.3 years
5-yr Capital Value: €432,301
10-yr Capital Value: €525,960
Brixfox Score: 73.2 / 100
Comparable Properties: 16
Data Confidence: 84%
Search Radius: 2 km

True Investment Cost

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

€346,374

+19.9% over asking

Asking price€289,000
IMT — Property transfer tax (investment schedule)€11,227
IS — Stamp duty (0.8%)€2,312
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,335
Total acquisition costs€19,124
Renovation (est. €55/m² × 110 m²)
Light touch-ups — paint, fixtures, deep clean.		€6,050
(€3,300–€8,800)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€346,374

Gross yield (asking price)

17.2%

True gross yield (all-in)

14.3%

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: 110 m²
Land: 148 m²
Style: portuguese-traditional
Condition: good
Energy Certificate: D

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

arched entrywaywood panelingtraditional chandelier

Score Breakdown

ROI
25
Visual Appeal
8.8
Ownership Security
13
Location
9.36
Land & Space
4.16
Rental Demand
5.86
Payback Speed
4
STR Suitability
3

Description

NO CONTACT REAL ESTATE AGENT PLEASE Just a 2-minute walk from the prestigious riverside area of Portimão, you'll find this unique house, with 3 bedrooms in total. 2 bedrooms on- suite and one bedroom with a bathroom. This house was completely renovated in 2011. All rooms have air conditioning. If you continue down t

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

View on Idealista.pt
Idealista.pt
Portimão / Western Algarve

Detached house in Rua Doutor Estevão de Vasconcelos, 1, Zona Ribeirinha, Portimão

Inventory
3 Beds
Bathrooms
3 Baths
Built Area
110 m²
Land Plot
148 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 11.7% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score73
GradeB+
Brixfox Intelligence
73B+Strong
Score Breakdown
ROI & Yield80%
Capital Growth77%
Risk Profile74%
Market Demand73%

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
+16.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$71K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
11.7%
$3,065/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
6 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
8.5 yr
Rental only

Property details

Energy: D
Condition: good

Description

NO CONTACT REAL ESTATE AGENT PLEASE Just a 2-minute walk from the prestigious riverside area of Portimão, you'll find this unique house, with 3 bedrooms in total. 2 bedrooms on- suite and one bedroom with a bathroom. This house was completely renovated in 2011. All rooms have air conditioning. If you continue down t

Income Breakdown

Adjust Forecast

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Nightly Rate (ADR)
$336/night
50% ($154)Brixfox estimate($336/night)200% ($618)
Occupancy
59%
10%Brixfox estimate(59%)100%

Short-Term Rental

Yearly income
$36,777
Airbnb data$336/night · 59% occupancy
Rental income
$336/night · 59% occ.
$71,783
Running costs (20%)
Utilities, cleaning, maintenance
-$14,357
Income tax (10%)
Indonesian rental income tax
-$20,099
Property tax
Annual property tax
-$550
Net income
11.7% ROI
$36,777

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$314,130
IMT (transfer tax, investment schedule)$12,203
Imposto de Selo (stamp duty)$2,513
Notary & registration$1,359
Legal / due diligence$4,712
Total acquisition costs$20,787
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$6,576
($3,587–$9,565)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$374,320

Gross yield (asking)

22.9%

True gross yield (all-in)

19.2%

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.

$2.9M$2.2M$1.5M$732K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $289K
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 8: rental income alone has repaid the full purchase price.
2x return
Year 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$352K
+22%
Rental Income
+$180K
Total Position
$531K
+84%
12.9%/yr
Year 10
Capital Value
$428K
+48%
Rental Income
+$388K
Total Position
$816K
+182%
10.9%/yr
Year 20
Capital Value
$633K
+119%
Rental Income
+$909K
Total Position
$1.5M
+434%
8.7%/yr
Year 30
Capital Value
$937K
+224%
Rental Income
+$1.6M
Total Position
$2.5M
+781%
7.5%/yr

Location

Portimão

Western Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
11.7% annual return
Occupancy
Average
59% average occupancy
Nightly Rate
Strong
$309 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
148 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 11.7% — outperforms most villas in this market
Premium nightly rate of $309 — 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 59% — 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

39% occ.
10.4%
$2,712/mo
49% occ.
13.1%
$3,427/mo
59% occ.
15.8%
$4,142/mo
current
69% occ.
18.6%
$4,857/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.