T1 flat, Sítio da Dourada, Nn, Ladeira de Nora - Vale da Zorra, Alvor
T1 flat, Sítio da Dourada, Nn, Ladeira de Nora - Vale da Zorra, Alvor — image 2T1 flat, Sítio da Dourada, Nn, Ladeira de Nora - Vale da Zorra, Alvor — image 3T1 flat, Sítio da Dourada, Nn, Ladeira de Nora - Vale da Zorra, Alvor — image 4T1 flat, Sítio da Dourada, Nn, Ladeira de Nora - Vale da Zorra, Alvor — image 5
Grade Bapartmentbudget

T1 flat, Sítio da Dourada, Nn, Ladeira de Nora - Vale da Zorra, Alvor

Portimão · Western Algarve ·

€243,000

Asking Price (EUR)

3.5%

True Net Yield (Owner, all-in)

2.4%

True Net Yield (Managed, all-in)

5.4%

True Gross Yield

46%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.6 months ago and is currently at 13% 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: €15,849/yr
Average Daily Rate: €95
Payback Period: 18.8 years
5-yr Capital Value: €319,298
10-yr Capital Value: €388,475
Brixfox Score: 58.5 / 100
Comparable Properties: 73
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.

€294,446

+21.2% over asking

Asking price€243,000
IMT — Property transfer tax (investment schedule)€8,007
IS — Stamp duty (0.8%)€1,944
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,645
Total acquisition costs€14,846
Renovation (est. €350/m² × 66 m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		€23,100
(€16,500–€29,700)
Furnishing & STR launch (1bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€13,500
All-in investment (incl. renovation & furnishing)€294,446

Gross yield (asking price)

6.5%

True gross yield (all-in)

5.4%

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: 1
Bathrooms: 1
Building: 66 m²
Style: portuguese-traditional
Condition: fair
Year Built: 1986
Energy Certificate: D
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AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

arched entrywaytraditional portuguese tiles

Score Breakdown

ROI
15.95
Visual Appeal
8.2
Ownership Security
13
Location
8.4
Land & Space
3.32
Rental Demand
4.59
Payback Speed
2
STR Suitability
3

Description

I do not wish to be contacted by real estate agencies. Watch the video with sound available in the ad T1 in Alvor T1 apartment in Quinta Nova Urbanization, in Alvor. Very quiet area, with green spaces, no car traffic and a few minutes from the beach and the town center. Ground floor Private gross area 66 m2 1 bed

Location

📍 37.1386°N, 8.5852°W

· Portimão, Algarve, Portugal

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

T1 flat, Sítio da Dourada, Nn, Ladeira de Nora - Vale da Zorra, Alvor

Inventory
1 Beds
Bathrooms
1 Baths
Built Area
66 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 4.4% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score59
GradeB
Brixfox Intelligence
59BStrong
Score Breakdown
ROI & Yield65%
Capital Growth62%
Risk Profile61%
Market Demand59%

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
+9.3%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$60K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.4%
$972/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
22.7 yr
Rental only

Property details

Year built: 1986
Energy: D
Condition: fair

Description

I do not wish to be contacted by real estate agencies. Watch the video with sound available in the ad T1 in Alvor T1 apartment in Quinta Nova Urbanization, in Alvor. Very quiet area, with green spaces, no car traffic and a few minutes from the beach and the town center. Ground floor Private gross area 66 m2 1 bed

Income Breakdown

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Nightly Rate (ADR)
$139/night
50% ($64)Brixfox estimate($139/night)200% ($256)
Occupancy
46%
10%Brixfox estimate(46%)100%

Short-Term Rental

Yearly income
$11,659
Airbnb data$139/night · 46% occupancy
Rental income
$139/night · 46% occ.
$23,311
Running costs (20%)
Utilities, cleaning, maintenance
-$4,662
Income tax (10%)
Indonesian rental income tax
-$6,527
Property tax
Annual property tax
-$462
Net income
4.4% ROI
$11,659

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$264,130
IMT (transfer tax, investment schedule)$8,703
Imposto de Selo (stamp duty)$2,113
Notary & registration$1,359
Legal / due diligence$3,962
Total acquisition costs$16,137
Renovation (~$380/m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		$25,109
($17,935–$32,283)
Furnishing & STR launch
1bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$14,674
All-in investment$320,050

Gross yield (asking)

8.8%

True gross yield (all-in)

7.3%

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.

$1.5M$1.1M$747K$373K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $243K
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 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$296K
+22%
Rental Income
+$57K
Total Position
$353K
+45%
7.7%/yr
Year 10
Capital Value
$360K
+48%
Rental Income
+$123K
Total Position
$483K
+99%
7.1%/yr
Year 20
Capital Value
$532K
+119%
Rental Income
+$288K
Total Position
$821K
+238%
6.3%/yr
Year 30
Capital Value
$788K
+224%
Rental Income
+$510K
Total Position
$1.3M
+434%
5.7%/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
4.4% annual return
Occupancy
Average
46% average occupancy
Nightly Rate
Good
$128 per night
Visual Appeal
Average
4/10 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 4.4% 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.
3.9%
$850/mo
40% occ.
5.2%
$1,146/mo
46% occ.
6.0%
$1,321/mo
current
56% occ.
7.3%
$1,617/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.