T3 flat,  Complexo Turístico Monte Rei, Corte António Martins, Vila Nova de Cacela
T3 flat,  Complexo Turístico Monte Rei, Corte António Martins, Vila Nova de Cacela — image 2T3 flat,  Complexo Turístico Monte Rei, Corte António Martins, Vila Nova de Cacela — image 3T3 flat,  Complexo Turístico Monte Rei, Corte António Martins, Vila Nova de Cacela — image 4T3 flat,  Complexo Turístico Monte Rei, Corte António Martins, Vila Nova de Cacela — image 5
Grade C+apartmentluxury

T3 flat, Complexo Turístico Monte Rei, Corte António Martins, Vila Nova de Cacela

VRSA/Monte Gordo · Eastern Algarve ·

€1.4M

Asking Price (EUR)

Net yield — free account

True Net Yield (after-tax, all-in)

1.5%

True Gross Yield

35%

Occupancy

Projected Gross Revenue: €24,027/yr
Average Daily Rate: 186
+25.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%), Luxury finish (+8%) — combined adjustment capped at +25%
5-yr Capital Value: €1.7M
10-yr Capital Value: €1.9M
Brixfox Score: 55.9 / 100
Comparable Properties: 7
Data Confidence: 59%
Search Radius: 6 km

True Investment Cost

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

€1.6M

+13.4% over asking

Asking price€1.4M
IMT — Property transfer tax (investment schedule)€108,750
IS — Stamp duty (0.8%)€11,600
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€21,750
Total acquisition costs€143,350
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€51,300
All-in investment (incl. renovation & furnishing)€1.6M

Gross yield (asking price)

1.7%

True gross yield (all-in)

1.5%

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: 3
Bathrooms: 3
Building: 316
Style: contemporary
Condition: excellent
Year Built: 2023
Energy Certificate: A
Private Pool
View

AL licence status unconfirmed

No AL licence is on record for this listing. The Algarve has no containment zones, so a new AL registration is normally obtainable — verify with the local câmara municipal before counting on STR income.

Design Features

large communal pool with brandingmultiple terraced garden areasmodern architectural design

Score Breakdown

ROI
0.21
Visual Appeal
14.2
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
3.53
Payback Speed
0
STR Suitability
4

Description

Discover a brand new penthouse apartment offering captivating views of the renowned Monte Rei Golf and Country Club in Vila Nova da Cacela, Algarve, Portugal. This esteemed golf course, bearing the distinguished signature of Jack Nicklaus, has garnered acclaim for its excellence. The penthouse apartment is thoughtfull

Location

📍 37.2105°N, 7.5477°W

Approximate location

· VRSA/Monte Gordo, Algarve, Portugal

Confirmed on the market 2 days ago.

3-bedroom freehold apartment in VRSA/Monte Gordo — photo 1 of 5
The Agency Portugal | SON Mediação Imobiliária Lda
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3-bedroom freehold apartment in VRSA/Monte Gordo — photo 2 of 5
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3-bedroom freehold apartment in VRSA/Monte Gordo — photo 3 of 5
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3-bedroom freehold apartment in VRSA/Monte Gordo — photo 4 of 5
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3-bedroom freehold apartment in VRSA/Monte Gordo — photo 5 of 5
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T3 flat, Complexo Turístico Monte Rei, Corte António Martins, Vila Nova de Cacela

VRSA/Monte Gordo · Eastern Algarve · Ref BF-13685Source · The Agency Portugal | SON Mediação Imobiliária Lda · listed 16 Apr 2026
Asking price
€1,450,000
Bedrooms
3
Bathrooms
3
Built area
316 m²
Brixfox Score 56 · C+Financial analysis ↓

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Property details

Year built: 2023
Energy: A
Condition: excellent

Description

Discover a brand new penthouse apartment offering captivating views of the renowned Monte Rei Golf and Country Club in Vila Nova da Cacela, Algarve, Portugal. This esteemed golf course, bearing the distinguished signature of Jack Nicklaus, has garnered acclaim for its excellence. The penthouse apartment is thoughtfull

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager whose commission includes the OTA/channel listing (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission but pays the OTA host fee, staff/local operations and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
Gross yield · all-in basis
Before tax in your home country and financing costs. Estimates, not financial advice.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR and revenue are the expected BOOKED figures — nearby asking prices corrected by our measured asking-to-booked factor (Portugal's calendar dataset is young, so this is a conservative estimate). Occupancy is the seasonality-adjusted full-year rate. The comp cards below show raw asking prices.
Expected ADR
€186
Expected booked rate (asking prices × measured booked factor)
Expected occupancy
35%
Full-year estimate, market-calibrated
Projected annual revenue
€24,027
ADR × occupancy × 365
Comp data observed in USD · converted at €0.88/$
Seasonal occupancy pattern
Peak Aug +50% · Low Dec -41%
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F
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Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
Acquisition costs· 9.9% of price, auto-calculated
€143,350
IMT (transfer tax, investment schedule)€108,750
Imposto de Selo (stamp duty)€11,600
Notary & registration€1,250
Legal fees€21,750
Renovation budget· Move-in ready. No renovation budgeted.
Furniture & STR launch· default ≈ €17,100/bedroom
All-in investment
€1,644,650
+13.4% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
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Total return estimate

OptionalNet yield plus an appreciation assumption you choose. Appreciation is a forward-looking assumption, not data — which is why it defaults to 0% and is kept out of the yield figures above.
Annual appreciation assumption0%
0%3.5% · VRSA/Monte Gordo 5-yr avg — historical, not a forecast8%
Indicative total return
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Appreciation assumptions are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.

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Where it sits — and the comps around it

The Airbnb listings behind the market evidence above, on the map.

Location

VRSA/Monte Gordo

Eastern Algarve, Approximate area

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Apartment Scorecard

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Risks & What-If

What if occupancy changes?

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost

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Source · The Agency Portugal | SON Mediação Imobiliária Lda

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Data Sources & Methodology

ROI calculations use Brixfox Intelligence rental data from live Airbnb calendar tracking — the Algarve dataset has been live since March 2026, seasonality-adjusted to a full-year estimate with a conservative calibration while it matures. Operating costs are modelled per line (management, channel fees, cleaning, utilities, IMI, maintenance, insurance). After-tax yields deduct non-resident IRS on AL income under the simplified regime (~8.75% of gross); buyer-side IMT and stamp duty are included in the all-in cost basis. Market factors in Portugal may impact actual yields.