T0 (studio) in Portimão
T0 (studio) in Portimão — image 2T0 (studio) in Portimão — image 3T0 (studio) in Portimão — image 4T0 (studio) in Portimão — image 5
Grade B+apartmentbudget

T0 (studio) in Portimão

Portimão · Western Algarve ·

€169,000

Asking Price (EUR)

7.0%

True Net Yield (Owner, all-in)

4.9%

True Net Yield (Managed, all-in)

10.8%

True Gross Yield

49%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.8 months ago and is currently at 15% 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: €20,917/yr
Average Daily Rate: €118
Payback Period: 10.0 years
5-yr Capital Value: €222,063
10-yr Capital Value: €270,174
Brixfox Score: 68.3 / 100
Comparable Properties: 69
Data Confidence: 89%
Search Radius: 2 km

True Investment Cost

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

€192,975

+14.2% over asking

Asking price€169,000
IMT — Property transfer tax (investment schedule)€3,248
IS — Stamp duty (0.8%)€1,352
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,535
Total acquisition costs€8,385
Renovation (est. €55/m² × 38 m²)
Light touch-ups — paint, fixtures, deep clean.		€2,090
(€1,140–€3,040)
Furnishing & STR launch (0bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€13,500
All-in investment (incl. renovation & furnishing)€192,975

Gross yield (asking price)

12.4%

True gross yield (all-in)

10.8%

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.

Bathrooms: 1
Building: 38 m²
Style: minimalist
Condition: good
Year Built: 1985
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
23.15
Visual Appeal
8.2
Ownership Security
13
Location
9.36
Land & Space
2.76
Rental Demand
4.86
Payback Speed
4
STR Suitability
3

Description

Condo/Apartment T0 for sale.

Location

📍 37.1387°N, 8.5363°W

· Portimão, Algarve, Portugal

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

T0 (studio) in Portimão

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

Grade B+ investment — short-term rental yields 8.5% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score68
GradeB+
Brixfox Intelligence
68B+Strong
Score Breakdown
ROI & Yield75%
Capital Growth71%
Risk Profile70%
Market Demand68%

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
+13.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$42K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.5%
$1,294/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
11.8 yr
Rental only

Property details

Year built: 1985
Energy: C
Condition: good

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$172/night
50% ($79)Brixfox estimate($172/night)200% ($316)
Occupancy
49%
10%Brixfox estimate(49%)100%

Short-Term Rental

Yearly income
$15,531
Airbnb data$172/night · 49% occupancy
Rental income
$172/night · 49% occ.
$30,485
Running costs (20%)
Utilities, cleaning, maintenance
-$6,097
Income tax (10%)
Indonesian rental income tax
-$8,536
Property tax
Annual property tax
-$321
Net income
8.5% ROI
$15,531

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$183,696
IMT (transfer tax, investment schedule)$3,530
Imposto de Selo (stamp duty)$1,470
Notary & registration$1,359
Legal / due diligence$2,755
Total acquisition costs$9,114
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$2,272
($1,239–$3,304)
Furnishing & STR launch
0bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$14,674
All-in investment$209,755

Gross yield (asking)

16.6%

True gross yield (all-in)

14.5%

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.

$1.4M$1.1M$706K$353K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $169K
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 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$206K
+22%
Rental Income
+$76K
Total Position
$281K
+67%
10.7%/yr
Year 10
Capital Value
$250K
+48%
Rental Income
+$164K
Total Position
$414K
+145%
9.4%/yr
Year 20
Capital Value
$370K
+119%
Rental Income
+$384K
Total Position
$754K
+346%
7.8%/yr
Year 30
Capital Value
$548K
+224%
Rental Income
+$680K
Total Position
$1.2M
+627%
6.8%/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
Strong
8.5% annual return
Occupancy
Average
49% average occupancy
Nightly Rate
Good
$158 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

High rental yield at 8.5% — outperforms most villas in this market
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 49% — 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

30% occ.
7.0%
$1,070/mo
40% occ.
9.4%
$1,436/mo
49% occ.
11.4%
$1,752/mo
current
59% occ.
13.8%
$2,117/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.