T2 flat in Rua Vista Mar, Condominio Oásis Mar, Três Castelos, Portimão
T2 flat in Rua Vista Mar, Condominio Oásis Mar, Três Castelos, Portimão — image 2T2 flat in Rua Vista Mar, Condominio Oásis Mar, Três Castelos, Portimão — image 3T2 flat in Rua Vista Mar, Condominio Oásis Mar, Três Castelos, Portimão — image 4T2 flat in Rua Vista Mar, Condominio Oásis Mar, Três Castelos, Portimão — image 5
Grade Bapartmentluxury

T2 flat in Rua Vista Mar, Condominio Oásis Mar, Três Castelos, Portimão

Portimão · Western Algarve ·

€625,000

Asking Price (EUR)

3.4%

True Net Yield (Owner, all-in)

2.3%

True Net Yield (Managed, all-in)

5.2%

True Gross Yield

44%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.9 months ago and is currently at 16% 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: €37,169/yr
Average Daily Rate: €234
Payback Period: 20.9 years
5-yr Capital Value: €821,241
10-yr Capital Value: €999,165
Brixfox Score: 64.8 / 100
Comparable Properties: 84
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.

€720,905

+15.3% over asking

Asking price€625,000
IMT — Property transfer tax (investment schedule)€37,830
IS — Stamp duty (0.8%)€5,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,375
Total acquisition costs€53,455
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€42,450
All-in investment (incl. renovation & furnishing)€720,905

Gross yield (asking price)

6.0%

True gross yield (all-in)

5.2%

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: 135 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

infinity-edge pool designglass balcony railingsopen-plan kitchen with islandfloor-to-ceiling windows

Score Breakdown

ROI
15.14
Visual Appeal
14.2
Ownership Security
13
Location
9.36
Land & Space
4.7
Rental Demand
4.35
Payback Speed
1
STR Suitability
3

Description

Discover this magnificent apartment of superior quality, inserted in the prestigious gated community Oasis Mar, in Portimão. With a modern design and excellent finishes, this property offers the perfect balance between comfort, elegance and a privileged location. The apartment has 2 spacious bedrooms, a large south-fa

Location

📍 37.1248°N, 8.5458°W

· Portimão, Algarve, Portugal

View on Buy Algarve Properties →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

T2 flat in Rua Vista Mar, Condominio Oásis Mar, Três Castelos, Portimão

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

Grade B investment — short-term rental yields 4.0% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score65
GradeB
Brixfox Intelligence
65BStrong
Score Breakdown
ROI & Yield72%
Capital Growth68%
Risk Profile67%
Market Demand65%

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
+8.9%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$154K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.0%
$2,243/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
25.2 yr
Rental only

Property details

Year built: 2022
Energy: A
Condition: excellent

Description

Discover this magnificent apartment of superior quality, inserted in the prestigious gated community Oasis Mar, in Portimão. With a modern design and excellent finishes, this property offers the perfect balance between comfort, elegance and a privileged location. The apartment has 2 spacious bedrooms, a large south-fa

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$340/night
50% ($157)Brixfox estimate($340/night)200% ($626)
Occupancy
44%
10%Brixfox estimate(44%)100%

Short-Term Rental

Yearly income
$26,913
Airbnb data$340/night · 44% occupancy
Rental income
$340/night · 44% occ.
$54,041
Running costs (20%)
Utilities, cleaning, maintenance
-$10,808
Income tax (10%)
Indonesian rental income tax
-$15,132
Property tax
Annual property tax
-$1,189
Net income
4.0% ROI
$26,913

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$679,348
IMT (transfer tax, investment schedule)$41,120
Imposto de Selo (stamp duty)$5,435
Notary & registration$1,359
Legal / due diligence$10,190
Total acquisition costs$58,103
RenovationMove-in ready
Furnishing & STR launch
2bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$46,141
All-in investment$783,592

Gross yield (asking)

8.0%

True gross yield (all-in)

6.9%

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.

$3.7M$2.8M$1.8M$921K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $625K
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 20: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$760K
+22%
Rental Income
+$131K
Total Position
$892K
+43%
7.4%/yr
Year 10
Capital Value
$925K
+48%
Rental Income
+$284K
Total Position
$1.2M
+93%
6.8%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$665K
Total Position
$2.0M
+226%
6.1%/yr
Year 30
Capital Value
$2.0M
+224%
Rental Income
+$1.2M
Total Position
$3.2M
+413%
5.6%/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
4.0% annual return
Occupancy
Weak
44% average occupancy
Nightly Rate
Strong
$313 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $313 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.0% 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.
3.7%
$2,074/mo
40% occ.
4.9%
$2,799/mo
44% occ.
5.4%
$3,053/mo
current
54% occ.
6.7%
$3,778/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.