T0 (studio) in Rua de São José, 7, Zona Ribeirinha, Portimão Cidade, Portimão
T0 (studio) in Rua de São José, 7, Zona Ribeirinha, Portimão Cidade, Portimão — image 2T0 (studio) in Rua de São José, 7, Zona Ribeirinha, Portimão Cidade, Portimão — image 3T0 (studio) in Rua de São José, 7, Zona Ribeirinha, Portimão Cidade, Portimão — image 4T0 (studio) in Rua de São José, 7, Zona Ribeirinha, Portimão Cidade, Portimão — image 5
Grade Bapartmentmid-range

T0 (studio) in Rua de São José, 7, Zona Ribeirinha, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€459,000

Asking Price (EUR)

2.9%

True Net Yield (Owner, all-in)

2.0%

True Net Yield (Managed, all-in)

4.5%

True Gross Yield

48%

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: €23,169/yr
Average Daily Rate: €131
Payback Period: 24.4 years
5-yr Capital Value: €603,119
10-yr Capital Value: €733,787
Brixfox Score: 60.1 / 100
Comparable Properties: 47
Data Confidence: 91%
Search Radius: 2 km

True Investment Cost

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

€514,857

+12.2% over asking

Asking price€459,000
IMT — Property transfer tax (investment schedule)€24,550
IS — Stamp duty (0.8%)€3,672
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,885
Total acquisition costs€36,357
Renovation€0 — move-in ready
Furnishing & STR launch (0bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€19,500
All-in investment (incl. renovation & furnishing)€514,857

Gross yield (asking price)

5.0%

True gross yield (all-in)

4.5%

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.

Bathrooms: 2
Building: 140 m²
Style: contemporary
Condition: excellent
Year Built: 2016
Energy Certificate: B
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large sliding glass doors to balconymodern art piecestextured floor lamp

Score Breakdown

ROI
14.08
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.8
Rental Demand
4.85
Payback Speed
1
STR Suitability
3

Description

Opportunity! For sale, directly from the owner: spacious, comfortable, cozy and modern apartment in Zona Ribeirinha Portimão with three bedrooms and double private underground parking. From the spacious terrace you have an unobstructed (permanent) view of the river delta. There is air conditioning (hot and cold) throug

Location

📍 37.1414°N, 8.5326°W

· Portimão, Algarve, Portugal

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

T0 (studio) in Rua de São José, 7, Zona Ribeirinha, Portimão Cidade, Portimão

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

Grade B investment — short-term rental yields 3.4% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score60
GradeB
Brixfox Intelligence
60BStrong
Score Breakdown
ROI & Yield66%
Capital Growth63%
Risk Profile62%
Market Demand60%

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
+8.3%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$113K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
3.4%
$1,399/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
11 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
29.7 yr
Rental only

Property details

Year built: 2016
Energy: B
Condition: excellent

Description

Opportunity! For sale, directly from the owner: spacious, comfortable, cozy and modern apartment in Zona Ribeirinha Portimão with three bedrooms and double private underground parking. From the spacious terrace you have an unobstructed (permanent) view of the river delta. There is air conditioning (hot and cold) throug

Income Breakdown

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Nightly Rate (ADR)
$192/night
50% ($88)Brixfox estimate($192/night)200% ($353)
Occupancy
48%
10%Brixfox estimate(48%)100%

Short-Term Rental

Yearly income
$16,784
Airbnb data$192/night · 48% occupancy
Rental income
$192/night · 48% occ.
$33,955
Running costs (20%)
Utilities, cleaning, maintenance
-$6,791
Income tax (10%)
Indonesian rental income tax
-$9,508
Property tax
Annual property tax
-$873
Net income
3.4% ROI
$16,784

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$498,913
IMT (transfer tax, investment schedule)$26,685
Imposto de Selo (stamp duty)$3,991
Notary & registration$1,359
Legal / due diligence$7,484
Total acquisition costs$39,518
RenovationMove-in ready
Furnishing & STR launch
0bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$21,196
All-in investment$559,627

Gross yield (asking)

6.8%

True gross yield (all-in)

6.1%

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.

$2.6M$1.9M$1.3M$639K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $459K
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 22: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$558K
+22%
Rental Income
+$82K
Total Position
$640K
+40%
6.9%/yr
Year 10
Capital Value
$679K
+48%
Rental Income
+$177K
Total Position
$856K
+87%
6.4%/yr
Year 20
Capital Value
$1.0M
+119%
Rental Income
+$415K
Total Position
$1.4M
+210%
5.8%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$735K
Total Position
$2.2M
+384%
5.4%/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
Average
3.4% annual return
Occupancy
Average
48% average occupancy
Nightly Rate
Good
$177 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

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 3.4% 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.
2.8%
$1,153/mo
40% occ.
3.8%
$1,562/mo
48% occ.
4.6%
$1,908/mo
current
58% occ.
5.6%
$2,317/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.