Detached house in Rua Serpa Pinto, 19, Zona Ribeirinha, Portimão
Detached house in Rua Serpa Pinto, 19, Zona Ribeirinha, Portimão — image 2Detached house in Rua Serpa Pinto, 19, Zona Ribeirinha, Portimão — image 3Detached house in Rua Serpa Pinto, 19, Zona Ribeirinha, Portimão — image 4Detached house in Rua Serpa Pinto, 19, Zona Ribeirinha, Portimão — image 5
Grade B+villamid-range

Detached house in Rua Serpa Pinto, 19, Zona Ribeirinha, Portimão

Portimão · Western Algarve ·

€485,000

Asking Price (EUR)

6.2%

True Net Yield (Owner, all-in)

4.3%

True Net Yield (Managed, all-in)

9.5%

True Gross Yield

39%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 14% 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: €54,597/yr
Average Daily Rate: €384
Payback Period: 11.0 years
5-yr Capital Value: €637,283
10-yr Capital Value: €775,352
Brixfox Score: 70.5 / 100
Comparable Properties: 4
Data Confidence: 73%
Search Radius: 2 km

True Investment Cost

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

€574,455

+18.4% over asking

Asking price€485,000
IMT — Property transfer tax (investment schedule)€26,630
IS — Stamp duty (0.8%)€3,880
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,275
Total acquisition costs€39,035
Renovation (est. €55/m² × 234 m²)
Light touch-ups — paint, fixtures, deep clean.		€12,870
(€7,020–€18,720)
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€37,550
All-in investment (incl. renovation & furnishing)€574,455

Gross yield (asking price)

11.3%

True gross yield (all-in)

9.5%

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: 4
Bathrooms: 3
Building: 234 m²
Land: 234 m²
Style: portuguese-traditional
Condition: good
Year Built: 1983
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

waterfront locationtraditional tiled roofscurved facade

Score Breakdown

ROI
21.81
Visual Appeal
10.4
Ownership Security
13
Location
9.36
Land & Space
5.08
Rental Demand
3.89
Payback Speed
4
STR Suitability
3

Description

House T4 refurbished in the Riverside Zone of Portimão Property consisting of 3 floors and a fantastic terrace with river view. It was divided into three apartments, two T2 and one T0 on the top floor with independent entrances. Excellent opportunity to monetize. Internal reference: KT_1450 Portimão is a Portugues

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

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

Detached house in Rua Serpa Pinto, 19, Zona Ribeirinha, Portimão

Inventory
4 Beds
Bathrooms
3 Baths
Built Area
234 m²
Land Plot
234 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 7.7% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score71
GradeB+
Brixfox Intelligence
71B+Strong
Score Breakdown
ROI & Yield78%
Capital Growth75%
Risk Profile72%
Market Demand71%

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
+12.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$119K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.7%
$3,384/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
13.0 yr
Rental only

Property details

Year built: 1983
Energy: C
Condition: good

Description

House T4 refurbished in the Riverside Zone of Portimão Property consisting of 3 floors and a fantastic terrace with river view. It was divided into three apartments, two T2 and one T0 on the top floor with independent entrances. Excellent opportunity to monetize. Internal reference: KT_1450 Portimão is a Portugues

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$562/night
50% ($259)Brixfox estimate($562/night)200% ($1034)
Occupancy
39%
10%Brixfox estimate(39%)100%

Short-Term Rental

Yearly income
$40,607
Airbnb data$562/night · 39% occupancy
Rental income
$562/night · 39% occ.
$79,865
Running costs (20%)
Utilities, cleaning, maintenance
-$15,973
Income tax (10%)
Indonesian rental income tax
-$22,362
Property tax
Annual property tax
-$923
Net income
7.7% ROI
$40,607

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$527,174
IMT (transfer tax, investment schedule)$28,946
Imposto de Selo (stamp duty)$4,217
Notary & registration$1,359
Legal / due diligence$7,908
Total acquisition costs$42,429
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$13,989
($7,630–$20,348)
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$38,641
All-in investment$622,234

Gross yield (asking)

15.1%

True gross yield (all-in)

12.8%

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.

$3.9M$2.9M$1.9M$963K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $485K
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 12: 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
$590K
+22%
Rental Income
+$198K
Total Position
$788K
+63%
10.2%/yr
Year 10
Capital Value
$718K
+48%
Rental Income
+$428K
Total Position
$1.1M
+136%
9.0%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$1.0M
Total Position
$2.1M
+326%
7.5%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$1.8M
Total Position
$3.4M
+591%
6.7%/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
Good
7.7% annual return
Occupancy
Weak
39% average occupancy
Nightly Rate
Strong
$517 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Average
234 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $517 — 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 39% — 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.
8.0%
$3,513/mo
40% occ.
10.7%
$4,709/mo
39% occ.
10.4%
$4,582/mo
current
49% occ.
13.2%
$5,779/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.