T2 flat in Rua Jaime Palhinha, Vale Franca - Barranco do Rodrigo, Portimão
T2 flat in Rua Jaime Palhinha, Vale Franca - Barranco do Rodrigo, Portimão — image 2T2 flat in Rua Jaime Palhinha, Vale Franca - Barranco do Rodrigo, Portimão — image 3T2 flat in Rua Jaime Palhinha, Vale Franca - Barranco do Rodrigo, Portimão — image 4T2 flat in Rua Jaime Palhinha, Vale Franca - Barranco do Rodrigo, Portimão — image 5
Grade B+apartmentmid-range

T2 flat in Rua Jaime Palhinha, Vale Franca - Barranco do Rodrigo, Portimão

Portimão · Western Algarve ·

€500,000

Asking Price (EUR)

3.9%

True Net Yield (Owner, all-in)

2.7%

True Net Yield (Managed, all-in)

5.9%

True Gross Yield

44%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.8 months ago and is currently at 15% 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: €33,710/yr
Average Daily Rate: €210
Payback Period: 18.3 years
5-yr Capital Value: €656,993
10-yr Capital Value: €799,332
Brixfox Score: 65.7 / 100
Comparable Properties: 84
Data Confidence: 90%
Search Radius: 2 km

True Investment Cost

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

€567,930

+13.6% over asking

Asking price€500,000
IMT — Property transfer tax (investment schedule)€27,830
IS — Stamp duty (0.8%)€4,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,500
Total acquisition costs€40,580
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€27,350
All-in investment (incl. renovation & furnishing)€567,930

Gross yield (asking price)

6.7%

True gross yield (all-in)

5.9%

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: 2
Bathrooms: 2
Building: 110 m²
Style: modern
Condition: excellent
Year Built: 2022
Energy Certificate: A
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large communal poolocean viewsmodern kitchen design

Score Breakdown

ROI
16.18
Visual Appeal
13.6
Ownership Security
13
Location
9.36
Land & Space
4.2
Rental Demand
4.39
Payback Speed
2
STR Suitability
3

Description

Apartment in a quiet area a few meters from Três Castelos beach, located in a condominium with a swimming pool and garden, in the Vau da Rocha area.   Open-plan living room and equipped kitchen; 2 bedrooms with wardrobes, oneof which is en-suite with a bathtub; bathroom with shower.   Both bathrooms have heated floors.

Location

📍 37.1279°N, 8.5467°W

· Portimão, Algarve, Portugal

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Idealista.pt
Portimão / Western Algarve

T2 flat in Rua Jaime Palhinha, Vale Franca - Barranco do Rodrigo, Portimão

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

Grade B+ investment — short-term rental yields 4.5% net return annually.

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The Investment

Brixfox Score66
GradeB+
Brixfox Intelligence
66B+Strong
Score Breakdown
ROI & Yield73%
Capital Growth69%
Risk Profile68%
Market Demand66%

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
+9.5%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$123K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.5%
$2,055/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
22.0 yr
Rental only

Property details

Year built: 2022
Energy: A
Condition: excellent

Description

Apartment in a quiet area a few meters from Três Castelos beach, located in a condominium with a swimming pool and garden, in the Vau da Rocha area.   Open-plan living room and equipped kitchen; 2 bedrooms with wardrobes, oneof which is en-suite with a bathtub; bathroom with shower.   Both bathrooms have heated floors.

Income Breakdown

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Nightly Rate (ADR)
$307/night
50% ($141)Brixfox estimate($307/night)200% ($565)
Occupancy
44%
10%Brixfox estimate(44%)100%

Short-Term Rental

Yearly income
$24,656
Airbnb data$307/night · 44% occupancy
Rental income
$307/night · 44% occ.
$49,245
Running costs (20%)
Utilities, cleaning, maintenance
-$9,849
Income tax (10%)
Indonesian rental income tax
-$13,788
Property tax
Annual property tax
-$951
Net income
4.5% ROI
$24,656

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$543,478
IMT (transfer tax, investment schedule)$30,250
Imposto de Selo (stamp duty)$4,348
Notary & registration$1,359
Legal / due diligence$8,152
Total acquisition costs$44,109
RenovationMove-in ready
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$29,728
All-in investment$617,315

Gross yield (asking)

9.1%

True gross yield (all-in)

8.0%

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.

$3.1M$2.3M$1.6M$777K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $500K
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 18: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$608K
+22%
Rental Income
+$120K
Total Position
$729K
+46%
7.8%/yr
Year 10
Capital Value
$740K
+48%
Rental Income
+$260K
Total Position
$1.0M
+100%
7.2%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$610K
Total Position
$1.7M
+241%
6.3%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$1.1M
Total Position
$2.7M
+440%
5.8%/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
4.5% annual return
Occupancy
Weak
44% average occupancy
Nightly Rate
Strong
$283 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 $283 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.5% 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.
4.2%
$1,882/mo
40% occ.
5.6%
$2,536/mo
44% occ.
6.2%
$2,793/mo
current
54% occ.
7.6%
$3,447/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.