Semi-detached house in Fojo, Portimão
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Grade C+villabudget

Semi-detached house in Fojo, Portimão

Portimão · Western Algarve ·

€350,000

Asking Price (EUR)

1.4%

True Net Yield (Owner, all-in)

1.0%

True Net Yield (Managed, all-in)

2.2%

True Gross Yield

33%

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: €10,314/yr
Average Daily Rate: €86
-51.0% vs area baselineImage quality 3/10 (-12%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 42.4 years
5-yr Capital Value: €459,895
10-yr Capital Value: €559,532
Brixfox Score: 46.3 / 100
Comparable Properties: 63
Data Confidence: 89%
Search Radius: 2 km

True Investment Cost

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

€469,580

+34.2% over asking

Asking price€350,000
IMT — Property transfer tax (investment schedule)€15,830
IS — Stamp duty (0.8%)€2,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,250
Total acquisition costs€25,130
Renovation (est. €900/m² × 84 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€75,600
(€58,800–€92,400)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€18,850
All-in investment (incl. renovation & furnishing)€469,580

Gross yield (asking price)

3.0%

True gross yield (all-in)

2.2%

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: 2
Bathrooms: 2
Building: 84 m²
Style: dated
Condition: needs-renovation
Year Built: 1969
Energy Certificate: F

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
10.37
Visual Appeal
3.6
Ownership Security
13
Location
9.36
Land & Space
3.68
Rental Demand
3.3
Payback Speed
0
STR Suitability
3

Description

House in the heart of Portimão with incredible potential to create your dream home or ideal for investment Discover this excellent 2-storey house, close to all amenities and the most beautiful areas of the city. On the ground floor, you will find a large garage, a 13.95 m² storage room and a 2.10 m² bathroom with showe

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

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

Semi-detached house in Fojo, Portimão

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

Grade C+ investment — short-term rental yields 1.9% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score46
GradeC+
Brixfox Intelligence
46C+Moderate
Score Breakdown
ROI & Yield51%
Capital Growth48%
Risk Profile49%
Market Demand46%

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
+6.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$86K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
1.9%
$590/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
13 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
53.7 yr
Rental only

Property details

Year built: 1969
Energy: F
Condition: needs-renovation

Description

House in the heart of Portimão with incredible potential to create your dream home or ideal for investment Discover this excellent 2-storey house, close to all amenities and the most beautiful areas of the city. On the ground floor, you will find a large garage, a 13.95 m² storage room and a 2.10 m² bathroom with showe

Income Breakdown

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Nightly Rate (ADR)
$124/night
50% ($57)Brixfox estimate($124/night)200% ($228)
Occupancy
33%
10%Brixfox estimate(33%)100%

Short-Term Rental

Yearly income
$7,084
Airbnb data$124/night · 33% occupancy
Rental income
$124/night · 33% occ.
$14,903
Running costs (20%)
Utilities, cleaning, maintenance
-$2,981
Income tax (10%)
Indonesian rental income tax
-$4,173
Property tax
Annual property tax
-$666
Net income
1.9% ROI
$7,084

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$380,435
IMT (transfer tax, investment schedule)$17,207
Imposto de Selo (stamp duty)$3,043
Notary & registration$1,359
Legal / due diligence$5,707
Total acquisition costs$27,315
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$82,174
($63,913–$100,435)
Furnishing & STR launch
2bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$18,315
All-in investment$508,239

Gross yield (asking)

3.9%

True gross yield (all-in)

2.9%

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.

$1.7M$1.2M$831K$416K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $350K
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.
2x return
Year 14: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$426K
+22%
Rental Income
+$35K
Total Position
$460K
+32%
5.6%/yr
Year 10
Capital Value
$518K
+48%
Rental Income
+$75K
Total Position
$593K
+69%
5.4%/yr
Year 20
Capital Value
$767K
+119%
Rental Income
+$175K
Total Position
$942K
+169%
5.1%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$310K
Total Position
$1.4M
+313%
4.8%/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
Weak
1.9% annual return
Occupancy
Weak
33% average occupancy
Nightly Rate
Average
$114 per night
Visual Appeal
Weak
2/10 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 1.9% is below 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.
2.3%
$735/mo
40% occ.
3.1%
$998/mo
33% occ.
2.6%
$814/mo
current
43% occ.
3.4%
$1,077/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.