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Detached house in Rua Doutor Manuel de Almeida, Portimão
Detached house in Rua Doutor Manuel de Almeida, Portimão — image 2Detached house in Rua Doutor Manuel de Almeida, Portimão — image 3Detached house in Rua Doutor Manuel de Almeida, Portimão — image 4Detached house in Rua Doutor Manuel de Almeida, Portimão — image 5
Grade Bvillabudget

Detached house in Rua Doutor Manuel de Almeida, Portimão

Portimão · Western Algarve ·

€215,000

Asking Price (EUR)

5.2%

True Net Yield (Owner, all-in)

3.1%

True Net Yield (Managed, all-in)

7.9%

True Gross Yield

48%

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: €23,794/yr
Average Daily Rate: 136
Payback Period: 29.6 years
5-yr Capital Value: €249,244
10-yr Capital Value: €288,942
Brixfox Score: 59.9 / 100
Comparable Properties: 49
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.

€302,792

+40.8% 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 (est. €900/m² × 63)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.
€56,700
(€44,100€69,300)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€18,850
All-in investment (incl. renovation & furnishing)€302,792

Gross yield (asking price)

11.1%

True gross yield (all-in)

7.9%

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: 63
Land: 106
Style: dated
Condition: needs-renovation
Year Built: 1955
Energy Certificate: Exempt

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
12.83
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.94
Rental Demand
4.79
Payback Speed
2
STR Suitability
4

Description

House T2 for sale.

Location

📍 37.1413°N, 8.5380°W

· Portimão, Algarve, Portugal

2-bedroom freehold villa in Portimão — photo 1 of 5
RE/MAX Platina II
2-bedroom freehold villa in Portimão — photo 2 of 5
2-bedroom freehold villa in Portimão — photo 3 of 5
2-bedroom freehold villa in Portimão — photo 4 of 5
2-bedroom freehold villa in Portimão — photo 5 of 5

Detached house in Rua Doutor Manuel de Almeida, Portimão

Portimão · Western Algarve · Ref BF-3647 Source verified · RE/MAX Platina II · listed 2 Jun 2026
Asking price · Freehold
$233,696
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
1
Built area
63 m²
Land
106 m²
True net yield
3.4%
$1,726/mo net after costs & tax
5-yr total return (net + appreciation)
11.8% / yr avg
Payback in ~30 yrs from rent
Brixfox Score 60 · B

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

Year built: 1955
Energy: Exempt
Condition: needs-renovation

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)
$192/night
50% ($88)Brixfox estimate($192/night)200% ($353)
Occupancy
48%
10%Brixfox estimate(48%)100%

Short-Term Rental

Indicative
Yearly income
$16,110
Likely range $9,666$22,553
Airbnb data$192/night · 48% occupancy
Rental income
$192/night · 48% occ.
$30,980
Running costs (20%)
Utilities, cleaning, maintenance
-$6,196
Income tax (10%)
Indonesian rental income tax
-$8,675
Property tax
Annual property tax
-$0
Net income
6.9% ROI
$16,110

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

3.4%

on all-in cost of $286,451

Scenario
Pre-tax
After-tax
Owner-managed
7.2%
6.3%
Fully-managed
4.3%
3.4%
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

10.8%

Annual Revenue

$30,980

Income Tax / yr

$2,711

Payback

30 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.

$1.6M$1.2M$806K$403K$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 13: 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
$262K
+22%
Rental Income
+$79K
Total Position
$340K
+58%
9.6%/yr
Year 10
Capital Value
$318K
+48%
Rental Income
+$170K
Total Position
$488K
+127%
8.5%/yr
Year 20
Capital Value
$471K
+119%
Rental Income
+$398K
Total Position
$869K
+304%
7.2%/yr
Year 30
Capital Value
$697K
+224%
Rental Income
+$705K
Total Position
$1.4M
+552%
6.5%/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.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
6.9% annual return
Occupancy
Average
48% average occupancy
Nightly Rate
Good
$176 per night
Visual Appeal
Weak
1/10 instagrammability
Size & Space
Weak
106 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 48% — 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.
6.3%
$1,224/mo
40% occ.
8.4%
$1,632/mo
48% occ.
10.0%
$1,952/mo
current
58% occ.
12.1%
$2,360/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.