T3 flat in Quinta da Malata, Portimão Cidade, Portimão
T3 flat in Quinta da Malata, Portimão Cidade, Portimão — image 2T3 flat in Quinta da Malata, Portimão Cidade, Portimão — image 3T3 flat in Quinta da Malata, Portimão Cidade, Portimão — image 4T3 flat in Quinta da Malata, Portimão Cidade, Portimão — image 5
Grade Bapartmentbudget

T3 flat in Quinta da Malata, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€240,000

Asking Price (EUR)

3.9%

True Net Yield (Owner, all-in)

2.7%

True Net Yield (Managed, all-in)

6.1%

True Gross Yield

59%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.5 months ago and is currently at 12% 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: €22,162/yr
Average Daily Rate: €103
-51.0% vs area baselineImage quality 3/10 (-12%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 13.3 years
5-yr Capital Value: €315,356
10-yr Capital Value: €383,679
Brixfox Score: 61.3 / 100
Comparable Properties: 18
Data Confidence: 86%
Search Radius: 2 km

True Investment Cost

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

€364,767

+52.0% over asking

Asking price€240,000
IMT — Property transfer tax (investment schedule)€7,797
IS — Stamp duty (0.8%)€1,920
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,600
Total acquisition costs€14,567
Renovation (est. €900/m² × 100 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€90,000
(€70,000–€110,000)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€20,200
All-in investment (incl. renovation & furnishing)€364,767

Gross yield (asking price)

9.2%

True gross yield (all-in)

6.1%

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
Building: 100 m²
Style: dated
Condition: needs-renovation
Year Built: 1983
Energy Certificate: E

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
19.4
Visual Appeal
3.6
Ownership Security
13
Location
9.36
Land & Space
4
Rental Demand
5.9
Payback Speed
3
STR Suitability
3

Description

T3 apartment, for complete renovation Located in the quiet area of Três Bicos, in Portimão, this T3 apartment is for complete renovation. T3 apartment, on a four-story building, Ground Floor, and 3 more floors. It is located on the 1st floor, with three bedrooms and two bathrooms for complete restoration. It does n

Location

📍 37.1364°N, 8.5461°W

· Portimão, Algarve, Portugal

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Idealista.pt
Portimão / Western Algarve

T3 flat in Quinta da Malata, Portimão Cidade, Portimão

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

Grade B investment — short-term rental yields 6.3% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score61
GradeB
Brixfox Intelligence
61BStrong
Score Breakdown
ROI & Yield67%
Capital Growth64%
Risk Profile63%
Market Demand61%

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
+11.3%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$59K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.3%
$1,379/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
9 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
15.8 yr
Rental only

Property details

Year built: 1983
Energy: E
Condition: needs-renovation

Description

T3 apartment, for complete renovation Located in the quiet area of Três Bicos, in Portimão, this T3 apartment is for complete renovation. T3 apartment, on a four-story building, Ground Floor, and 3 more floors. It is located on the 1st floor, with three bedrooms and two bathrooms for complete restoration. It does n

Income Breakdown

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Customize your projections
Nightly Rate (ADR)
$152/night
50% ($70)Brixfox estimate($152/night)200% ($279)
Occupancy
59%
10%Brixfox estimate(59%)100%

Short-Term Rental

Yearly income
$16,549
Airbnb data$152/night · 59% occupancy
Rental income
$152/night · 59% occ.
$32,703
Running costs (20%)
Utilities, cleaning, maintenance
-$6,541
Income tax (10%)
Indonesian rental income tax
-$9,157
Property tax
Annual property tax
-$457
Net income
6.3% ROI
$16,549

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$260,870
IMT (transfer tax, investment schedule)$8,475
Imposto de Selo (stamp duty)$2,087
Notary & registration$1,359
Legal / due diligence$3,913
Total acquisition costs$15,834
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$97,826
($76,087–$119,565)
Furnishing & STR launch
3bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$21,957
All-in investment$396,486

Gross yield (asking)

12.5%

True gross yield (all-in)

8.2%

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$1.3M$864K$432K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $240K
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 14: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$292K
+22%
Rental Income
+$81K
Total Position
$373K
+55%
9.2%/yr
Year 10
Capital Value
$355K
+48%
Rental Income
+$175K
Total Position
$530K
+121%
8.2%/yr
Year 20
Capital Value
$526K
+119%
Rental Income
+$409K
Total Position
$935K
+290%
7.0%/yr
Year 30
Capital Value
$778K
+224%
Rental Income
+$724K
Total Position
$1.5M
+526%
6.3%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
6.3% annual return
Occupancy
Average
59% average occupancy
Nightly Rate
Good
$140 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
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.
5.6%
$1,223/mo
49% occ.
7.1%
$1,546/mo
59% occ.
8.6%
$1,870/mo
current
69% occ.
10.1%
$2,193/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.