T2 flat in Rua da Fraternidade, Vale Franca - Barranco do Rodrigo, Portimão
T2 flat in Rua da Fraternidade, Vale Franca - Barranco do Rodrigo, Portimão — image 2T2 flat in Rua da Fraternidade, Vale Franca - Barranco do Rodrigo, Portimão — image 3T2 flat in Rua da Fraternidade, Vale Franca - Barranco do Rodrigo, Portimão — image 4T2 flat in Rua da Fraternidade, Vale Franca - Barranco do Rodrigo, Portimão — image 5
Grade B+apartmentmid-range

T2 flat in Rua da Fraternidade, Vale Franca - Barranco do Rodrigo, Portimão

Portimão · Western Algarve ·

€318,000

Asking Price (EUR)

6.6%

True Net Yield (Owner, all-in)

4.5%

True Net Yield (Managed, all-in)

8.4%

True Gross Yield

40%

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: €31,120/yr
Average Daily Rate: €214
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 21.2 years
5-yr Capital Value: €368,649
10-yr Capital Value: €427,365
Brixfox Score: 66.3 / 100
Comparable Properties: 88
Data Confidence: 92%
Search Radius: 2 km

True Investment Cost

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

€370,239

+16.4% over asking

Asking price€318,000
IMT — Property transfer tax (investment schedule)€13,270
IS — Stamp duty (0.8%)€2,544
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,770
Total acquisition costs€21,834
Renovation (est. €55/m² × 101 m²)
Light touch-ups — paint, fixtures, deep clean.		€5,555
(€3,030–€8,080)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€24,850
All-in investment (incl. renovation & furnishing)€370,239

Gross yield (asking price)

9.8%

True gross yield (all-in)

8.4%

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: 2
Bathrooms: 1
Building: 101 m²
Style: contemporary
Condition: good
Year Built: 2007
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

colorful facadesbalconies with viewsproximity to water

Score Breakdown

ROI
17.16
Visual Appeal
11.8
Ownership Security
13
Location
9.36
Land & Space
4.02
Rental Demand
3.98
Payback Speed
3
STR Suitability
4

Description

Discover this fantastic T2 apartment, located in the Quinta do Rodrigo urbanization, in Portimão, in a privileged area, close to all services, commerce, schools, and transport. With a gross private area of 68.26 m² and 32.49 m² of dependent area, this property stands out for its excellent layout and brightness. It con

Location

📍 37.1308°N, 8.5500°W

· Portimão, Algarve, Portugal

View on PERA Premium Properties →Also on Idealista.pt
T2 flat in Rua da Fraternidade, Vale Franca - Barranco do Rodrigo, Portimão
Idealista.pt
Source verified

T2 flat in Rua da Fraternidade, Vale Franca - Barranco do Rodrigo, Portimão

Portimão · Western Algarve · Freehold · Ref BF-7402
Ownership
Freehold
Bedrooms
2
Bathrooms
1
Built area
101 m²
True net yield
4.7%
≈ $2,719/mo net after costs & tax
Brixfox Score 66 · B+

Property details

Year built: 2007
Energy: C
Condition: good

Description

Discover this fantastic T2 apartment, located in the Quinta do Rodrigo urbanization, in Portimão, in a privileged area, close to all services, commerce, schools, and transport. With a gross private area of 68.26 m² and 32.49 m² of dependent area, this property stands out for its excellent layout and brightness. It con

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)
$308/night
50% ($142)Brixfox estimate($308/night)200% ($567)
Occupancy
40%
10%Brixfox estimate(40%)100%

Short-Term Rental

Yearly income
$21,536
Airbnb data$308/night · 40% occupancy
Rental income
$308/night · 40% occ.
$41,416
Running costs (20%)
Utilities, cleaning, maintenance
-$8,283
Income tax (10%)
Indonesian rental income tax
-$11,597
Property tax
Annual property tax
-$0
Net income
6.2% ROI
$21,536

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

Approx. location

Net Yield · Fully-Managed · After Tax

4.7%

on all-in cost of $389,462

Scenario
Pre-tax
After-tax
Owner-managed
8.4%
7.5%
Fully-managed
5.7%
4.7%
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

10.6%

Annual Revenue

$41,416

Income Tax / yr

$3,624

Payback

21 yrs

True All-In Cost
Asking price$345,652
IMT — transfer tax (non-resident 7.5%)$25,924
Stamp duty (0.8%)$2,765
Notary + registry$2,174
Legal$4,251
Furnishing + STR launch$8,696
All-in cost$389,462

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Portimão.

$2.3M$1.7M$1.1M$568K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $318K
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
$387K
+22%
Rental Income
+$105K
Total Position
$492K
+55%
9.1%/yr
Year 10
Capital Value
$471K
+48%
Rental Income
+$227K
Total Position
$698K
+119%
8.2%/yr
Year 20
Capital Value
$697K
+119%
Rental Income
+$532K
Total Position
$1.2M
+287%
7.0%/yr
Year 30
Capital Value
$1.0M
+224%
Rental Income
+$943K
Total Position
$2.0M
+521%
6.3%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
6.2% annual return
Occupancy
Weak
40% average occupancy
Nightly Rate
Strong
$284 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

Premium nightly rate of $284 — 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 40% — 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.
6.8%
$1,969/mo
40% occ.
9.1%
$2,625/mo
current
40% occ.
9.1%
$2,609/mo
current
50% occ.
11.3%
$3,265/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
$345,652
4.7%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.