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

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

Portimão · Western Algarve ·

€399,000

Asking Price (EUR)

15.3%

True Net Yield (Owner, all-in)

10.6%

True Net Yield (Managed, all-in)

23.6%

True Gross Yield

59%

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: €108,250/yr
Average Daily Rate: €505
Payback Period: 4.6 years
5-yr Capital Value: €524,280
10-yr Capital Value: €637,867
Brixfox Score: 76.3 / 100
Comparable Properties: 7
Data Confidence: 71%
Search Radius: 2 km

True Investment Cost

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

€459,377

+15.1% over asking

Asking price€399,000
IMT — Property transfer tax (investment schedule)€19,750
IS — Stamp duty (0.8%)€3,192
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,985
Total acquisition costs€30,177
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€30,200
All-in investment (incl. renovation & furnishing)€459,377

Gross yield (asking price)

27.1%

True gross yield (all-in)

23.6%

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: 152 m²
Style: contemporary
Condition: excellent
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

modern kitchen island with gas hobsleek black kitchen appliancescontemporary pendant lightingpanoramic city and sea viewwood-look flooring in living area

Score Breakdown

ROI
25
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.04
Rental Demand
5.87
Payback Speed
5
STR Suitability
3

Description

Imagine waking up every day with a sea view, in a completely refurbished apartment with a modern design, where every detail has been thought of for your comfort. With three bedrooms, including an elegant suite, an open-plan kitchen, large balconies and quality finishes, this property is the perfect balance between soph

Location

📍 37.1466°N, 8.5561°W

· Portimão, Algarve, Portugal

View on Swixim →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

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

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

Grade A investment — short-term rental yields 18.6% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score76
GradeA
Brixfox Intelligence
76AExcellent
Score Breakdown
ROI & Yield84%
Capital Growth80%
Risk Profile77%
Market Demand76%

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
+23.5%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$98K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
18.6%
$6,717/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
5 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
5.4 yr
Rental only

Property details

Energy: C
Condition: excellent

Description

Imagine waking up every day with a sea view, in a completely refurbished apartment with a modern design, where every detail has been thought of for your comfort. With three bedrooms, including an elegant suite, an open-plan kitchen, large balconies and quality finishes, this property is the perfect balance between soph

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$731/night
50% ($336)Brixfox estimate($731/night)200% ($1344)
Occupancy
59%
10%Brixfox estimate(59%)100%

Short-Term Rental

Yearly income
$80,602
Airbnb data$731/night · 59% occupancy
Rental income
$731/night · 59% occ.
$156,464
Running costs (20%)
Utilities, cleaning, maintenance
-$31,293
Income tax (10%)
Indonesian rental income tax
-$43,810
Property tax
Annual property tax
-$759
Net income
18.6% ROI
$80,602

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$433,696
IMT (transfer tax, investment schedule)$21,467
Imposto de Selo (stamp duty)$3,470
Notary & registration$1,359
Legal / due diligence$6,505
Total acquisition costs$32,801
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$499,323

Gross yield (asking)

36.1%

True gross yield (all-in)

31.3%

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.

$5.5M$4.2M$2.8M$1.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $399K
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 6: rental income alone has repaid the full purchase price.
2x return
Year 5: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$485K
+22%
Rental Income
+$394K
Total Position
$879K
+120%
17.1%/yr
Year 10
Capital Value
$591K
+48%
Rental Income
+$850K
Total Position
$1.4M
+261%
13.7%/yr
Year 20
Capital Value
$874K
+119%
Rental Income
+$2.0M
Total Position
$2.9M
+618%
10.4%/yr
Year 30
Capital Value
$1.3M
+224%
Rental Income
+$3.5M
Total Position
$4.8M
+1109%
8.7%/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
18.6% annual return
Occupancy
Average
59% average occupancy
Nightly Rate
Strong
$672 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 18.6% — outperforms most villas in this market
Premium nightly rate of $672 — 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 59% — 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

39% occ.
16.5%
$5,953/mo
49% occ.
20.8%
$7,508/mo
59% occ.
25.1%
$9,064/mo
current
69% occ.
29.4%
$10,619/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.