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Terraced house in Rua Vasco Pires, 88, Zona Ribeirinha, Portimão Cidade, Portimão
Terraced house in Rua Vasco Pires, 88, Zona Ribeirinha, Portimão Cidade, Portimão — image 2Terraced house in Rua Vasco Pires, 88, Zona Ribeirinha, Portimão Cidade, Portimão — image 3Terraced house in Rua Vasco Pires, 88, Zona Ribeirinha, Portimão Cidade, Portimão — image 4Terraced house in Rua Vasco Pires, 88, Zona Ribeirinha, Portimão Cidade, Portimão — image 5
Grade C+villamid-range

Terraced house in Rua Vasco Pires, 88, Zona Ribeirinha, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€215,000

Asking Price (EUR)

4.0%

True Net Yield (Owner, all-in)

2.0%

True Net Yield (Managed, all-in)

7.0%

True Gross Yield

49%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.9 months ago and is currently at 24% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.77, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €17,357/yr
Average Daily Rate: 97
Payback Period: 61.9 years
5-yr Capital Value: €249,244
10-yr Capital Value: €288,942
Brixfox Score: 50.8 / 100
Comparable Properties: 58
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.

€248,742

+15.7% over asking

Asking price€215,000
IMT — Property transfer tax (investment schedule)€6,047
IS — Stamp duty (0.8%)€1,720
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,225
Total acquisition costs€12,242
Renovation€0 — move-in ready
Furnishing & STR launch (1bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€21,500
All-in investment (incl. renovation & furnishing)€248,742

Gross yield (asking price)

8.1%

True gross yield (all-in)

7.0%

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
Bathrooms: 1
Building: 43
Land: 27
Style: modern
Condition: excellent
Energy Certificate: Exempt

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

wooden slatted ceilingpatterned floor tilesloft-style staircase

Score Breakdown

ROI
6.44
Visual Appeal
11.8
Ownership Security
13
Location
9.36
Land & Space
1.27
Rental Demand
4.91
Payback Speed
0
STR Suitability
4

Description

Renovated 1-Bedroom Duplex House – Riverside Area, Portimão | Ready to Move In! Unique opportunity in the vibrant riverside area of Portimão, right by the Arade River, a few steps from the historic center, the promenade, excellent restaurants, cafes, services, and supermarkets. Everything within walking distance, with

Location

📍 37.1408°N, 8.5350°W

· Portimão, Algarve, Portugal

1-bedroom freehold villa in Portimão — photo 1 of 5
Fernando Martins - Predimed Golden
1-bedroom freehold villa in Portimão — photo 2 of 5
1-bedroom freehold villa in Portimão — photo 3 of 5
1-bedroom freehold villa in Portimão — photo 4 of 5
1-bedroom freehold villa in Portimão — photo 5 of 5

Terraced house in Rua Vasco Pires, 88, Zona Ribeirinha, Portimão Cidade, Portimão

Portimão · Western Algarve · Ref BF-3533 Source verified · Fernando Martins - Predimed Golden · listed 2 Jun 2026
Asking price · Freehold
$233,696
View original listing
Ownership
Freehold
Bedrooms
1
Bathrooms
1
Built area
43 m²
Land
27 m²
True net yield
1.6%
$1,092/mo net after costs & tax
5-yr total return (net + appreciation)
10.0% / yr avg
Payback in ~62 yrs from rent
Brixfox Score 51 · C+

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Portimão

Western Algarve, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Energy: Exempt
Condition: excellent

Description

Renovated 1-Bedroom Duplex House – Riverside Area, Portimão | Ready to Move In! Unique opportunity in the vibrant riverside area of Portimão, right by the Arade River, a few steps from the historic center, the promenade, excellent restaurants, cafes, services, and supermarkets. Everything within walking distance, with

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)
$136/night
50% ($63)Brixfox estimate($136/night)200% ($251)
Occupancy
49%
10%Brixfox estimate(49%)100%

Short-Term Rental

Indicative
Yearly income
$11,756
Likely range $7,053$16,459
Airbnb data$136/night · 49% occupancy
Rental income
$136/night · 49% occ.
$22,608
Running costs (20%)
Utilities, cleaning, maintenance
-$4,522
Income tax (10%)
Indonesian rental income tax
-$6,330
Property tax
Annual property tax
-$0
Net income
5.0% ROI
$11,756

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

1.6%

on all-in cost of $286,451

Scenario
Pre-tax
After-tax
Owner-managed
4.6%
3.9%
Fully-managed
2.3%
1.6%
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

7.9%

Annual Revenue

$22,608

Income Tax / yr

$1,978

Payback

62 yrs

True All-In Cost
Asking price$233,696
IMT — transfer tax (non-resident 7.5%)$17,527
Stamp duty (0.8%)$1,870
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$286,451

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Portimão.

$1.4M$1.0M$697K$348K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $215K
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 16: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$262K
+22%
Rental Income
+$57K
Total Position
$319K
+48%
8.2%/yr
Year 10
Capital Value
$318K
+48%
Rental Income
+$124K
Total Position
$442K
+106%
7.5%/yr
Year 20
Capital Value
$471K
+119%
Rental Income
+$291K
Total Position
$762K
+254%
6.5%/yr
Year 30
Capital Value
$697K
+224%
Rental Income
+$515K
Total Position
$1.2M
+464%
5.9%/yr
Turnkey Management

Your property, professionally managed

Buying from abroad? You won't lift a finger. A vetted local management partner is already connected to this listing — ready to run it as a short-stay rental from day one, so the Managed projections above are something you can actually rely on.

Vetted by Brixfox 8+ yrs operating 110+ properties managed ~2h guest response

Atlantic Stays Management

Vetted

Alojamento Local management, Lisbon to the Algarve

22%
Management fee
of rental revenue — already in your Managed figures

End-to-end AL management for international owners. We handle the licence, the platforms and the guests so your second home pays for itself.

What the fee covers

  • Listing setup & optimisation (Airbnb, Booking.com, VRBO)
  • Dynamic pricing & revenue management
  • 24/7 multilingual guest communication
  • Guided check-in / check-out & key handling
  • Professional cleaning, laundry & restocking
  • Maintenance & repairs coordination
  • Monthly owner statements & payouts
  • Guest screening & damage protection
  • Alojamento Local (AL) licence handling & renewals
  • SEF/AIMA guest registration & tourist-tax filing
Visit Atlantic Stays Management

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.0% annual return
Occupancy
Average
49% average occupancy
Nightly Rate
Good
$125 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
27 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
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.
4.5%
$871/mo
40% occ.
6.0%
$1,161/mo
49% occ.
7.3%
$1,424/mo
current
59% occ.
8.8%
$1,714/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. Market factors in Portugal may impact actual yields.