T1 flat in Rua de Gonçalo Velho, Monte Gordo, Vila Real de Santo António
Grade Bapartmentbudget

T1 flat in Rua de Gonçalo Velho, Monte Gordo, Vila Real de Santo António

VRSA/Monte Gordo · Eastern Algarve ·

€160,000

Asking Price (EUR)

3.7%

True Net Yield (Owner, all-in)

2.6%

True Net Yield (Managed, all-in)

5.7%

True Gross Yield

29%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.2 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €10,453/yr
Average Daily Rate: €98
Payback Period: 19.2 years
5-yr Capital Value: €210,238
10-yr Capital Value: €255,786
Brixfox Score: 56.6 / 100
Comparable Properties: 16
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.

€183,153

+14.5% over asking

Asking price€160,000
IMT — Property transfer tax (investment schedule)€2,798
IS — Stamp duty (0.8%)€1,280
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,400
Total acquisition costs€7,728
Renovation (est. €55/m² × 35 m²)
Light touch-ups — paint, fixtures, deep clean.		€1,925
(€1,050–€2,800)
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)€183,153

Gross yield (asking price)

6.5%

True gross yield (all-in)

5.7%

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
Building: 35 m²
Style: dated
Condition: good

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
15.79
Visual Appeal
10
Ownership Security
13
Location
7.2
Land & Space
2.7
Rental Demand
2.93
Payback Speed
2
STR Suitability
3

Description

Condo/Apartment T1 for sale.

Location

📍 37.1810°N, 7.4480°W

· VRSA/Monte Gordo, Algarve, Portugal

View on RE/MAX Vantagem Avenida →Also on Idealista.pt
T1 flat in Rua de Gonçalo Velho, Monte Gordo, Vila Real de Santo António
Idealista.pt
Source verified

T1 flat in Rua de Gonçalo Velho, Monte Gordo, Vila Real de Santo António

VRSA/Monte Gordo · Eastern Algarve · Freehold · Ref BF-4717
Ownership
Freehold
Bedrooms
1
Built area
35 m²
True net yield
8.0%
≈ $814/mo net after costs & tax
Brixfox Score 57 · B

Property details

Condition: good

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$140/night
50% ($65)Brixfox estimate($140/night)200% ($258)
Occupancy
29%
10%Brixfox estimate(29%)100%

Short-Term Rental

Yearly income
$7,819
Airbnb data$140/night · 29% occupancy
Rental income
$140/night · 29% occ.
$15,037
Running costs (20%)
Utilities, cleaning, maintenance
-$3,007
Income tax (10%)
Indonesian rental income tax
-$4,210
Property tax
Annual property tax
-$0
Net income
4.5% ROI
$7,819

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

—

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
5.2%
—
Fully-managed
5.2%
—
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

8.0%

Annual Revenue

$15,037

Income Tax / yr

—

Payback

19 yrs

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in VRSA/Monte Gordo.

$990K$743K$495K$248K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $160K
Capital appreciation
Property value growing at +4%/yr based on VRSA/Monte Gordo 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
$195K
+22%
Rental Income
+$38K
Total Position
$233K
+46%
7.8%/yr
Year 10
Capital Value
$237K
+48%
Rental Income
+$82K
Total Position
$319K
+100%
7.2%/yr
Year 20
Capital Value
$351K
+119%
Rental Income
+$193K
Total Position
$544K
+240%
6.3%/yr
Year 30
Capital Value
$519K
+224%
Rental Income
+$342K
Total Position
$861K
+438%
5.8%/yr

Location

VRSA/Monte Gordo

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
4.5% annual return
Occupancy
Weak
29% average occupancy
Nightly Rate
Good
$129 per night
Visual Appeal
Weak
3/10 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 4.5% 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.
6.2%
$897/mo
current
40% occ.
8.2%
$1,195/mo
29% occ.
6.1%
$877/mo
current
39% occ.
8.1%
$1,176/mo

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Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.

Asking price · Freehold
$173,913
8.0%
Net yield
View original listing
Source verified · Idealista.pt · listed 21 Apr 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.