T3 flat in Rua do Clube da Pedra Mourinha, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão
T3 flat in Rua do Clube da Pedra Mourinha, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão — image 2T3 flat in Rua do Clube da Pedra Mourinha, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão — image 3T3 flat in Rua do Clube da Pedra Mourinha, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão — image 4T3 flat in Rua do Clube da Pedra Mourinha, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão — image 5
Grade Aapartmentmid-range

T3 flat in Rua do Clube da Pedra Mourinha, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€285,000

Asking Price (EUR)

21.0%

True Net Yield (Owner, all-in)

14.5%

True Net Yield (Managed, all-in)

32.3%

True Gross Yield

51%

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: €108,696/yr
Average Daily Rate: €581
Payback Period: 3.2 years
5-yr Capital Value: €374,486
10-yr Capital Value: €455,619
Brixfox Score: 75.3 / 100
Comparable Properties: 13
Data Confidence: 69%
Search Radius: 3 km

True Investment Cost

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

€336,452

+18.1% over asking

Asking price€285,000
IMT — Property transfer tax (investment schedule)€10,947
IS — Stamp duty (0.8%)€2,280
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,275
Total acquisition costs€18,752
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,700
All-in investment (incl. renovation & furnishing)€336,452

Gross yield (asking price)

38.1%

True gross yield (all-in)

32.3%

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: 3
Bathrooms: 3
Building: 102 m²
Style: contemporary
Condition: excellent
Year Built: 1989
Energy Certificate: D
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

wavy textured kitchen backsplashdark glossy kitchen cabinetsresort-style pool area

Score Breakdown

ROI
25
Visual Appeal
10.8
Ownership Security
13
Location
9.36
Land & Space
4.04
Rental Demand
5.13
Payback Speed
5
STR Suitability
3

Description

Condo/Apartment T3 for sale.

Location

📍 37.1500°N, 8.5605°W

· Portimão, Algarve, Portugal

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

T3 flat in Rua do Clube da Pedra Mourinha, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão

Inventory
3 Beds
Bathrooms
3 Baths
Built Area
102 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 26.5% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score75
GradeA
Brixfox Intelligence
75AExcellent
Score Breakdown
ROI & Yield83%
Capital Growth79%
Risk Profile76%
Market Demand75%

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
+31.5%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$70K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
26.5%
$6,850/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
4 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
3.8 yr
Rental only

Property details

Year built: 1989
Energy: D
Condition: excellent

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$850/night
50% ($391)Brixfox estimate($850/night)200% ($1564)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$82,196
Airbnb data$850/night · 51% occupancy
Rental income
$850/night · 51% occ.
$159,112
Running costs (20%)
Utilities, cleaning, maintenance
-$31,822
Income tax (10%)
Indonesian rental income tax
-$44,551
Property tax
Annual property tax
-$542
Net income
26.5% ROI
$82,196

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$309,783
IMT (transfer tax, investment schedule)$11,899
Imposto de Selo (stamp duty)$2,478
Notary & registration$1,359
Legal / due diligence$4,647
Total acquisition costs$20,383
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$35,543
All-in investment$365,709

Gross yield (asking)

51.4%

True gross yield (all-in)

43.5%

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.

$5.2M$3.9M$2.6M$1.3M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $285K
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 4: rental income alone has repaid the full purchase price.
2x return
Year 4: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$347K
+22%
Rental Income
+$401K
Total Position
$748K
+163%
21.3%/yr
Year 10
Capital Value
$422K
+48%
Rental Income
+$867K
Total Position
$1.3M
+352%
16.3%/yr
Year 20
Capital Value
$624K
+119%
Rental Income
+$2.0M
Total Position
$2.7M
+832%
11.8%/yr
Year 30
Capital Value
$924K
+224%
Rental Income
+$3.6M
Total Position
$4.5M
+1487%
9.7%/yr

Location

Portimão

Western Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

No nearby Airbnb listings found

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
26.5% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$782 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

High rental yield at 26.5% — outperforms most villas in this market
Premium nightly rate of $782 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 51% — factor in seasonal gaps

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

31% occ.
21.8%
$5,616/mo
41% occ.
28.8%
$7,426/mo
51% occ.
35.8%
$9,236/mo
current
61% occ.
42.8%
$11,047/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.