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Detached house in Rua Garrett, Portimão
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Grade B+villamid-range

Detached house in Rua Garrett, Portimão

Portimão · Western Algarve ·

€269,500

Asking Price (EUR)

8.3%

True Net Yield (Owner, all-in)

5.7%

True Net Yield (Managed, all-in)

12.7%

True Gross Yield

47%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.8 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: €41,039/yr
Average Daily Rate: €237
Payback Period: 8.4 years
5-yr Capital Value: €354,119
10-yr Capital Value: €430,840
Brixfox Score: 72.5 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km

True Investment Cost

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

€322,861

+19.8% over asking

Asking price€269,500
IMT — Property transfer tax (investment schedule)€9,862
IS — Stamp duty (0.8%)€2,156
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,043
Total acquisition costs€17,311
Renovation (est. €55/m² × 70 m²)
Light touch-ups — paint, fixtures, deep clean.		€3,850
(€2,100–€5,600)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€322,861

Gross yield (asking price)

15.2%

True gross yield (all-in)

12.7%

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
Building: 70 m²
Style: portuguese-traditional
Condition: good

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

wooden slat ceilinglong narrow layouttraditional Portuguese facade

Score Breakdown

ROI
25
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.4
Rental Demand
4.74
Payback Speed
4
STR Suitability
3

Description

Renovated 3-bedroom house with patio and terrace in the center of Portimão. Built before 1951 and recently renovated, it combines traditional charm with comfort and functionality. Distributed over a single floor, it has 3 bedrooms (2 interior), living room, kitchen, bathroom and pantry, with good organization and natu

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

Visit RE/MAX Platina II →Listed via Idealista.pt
3-bedroom freehold villa in Portimão — photo 1 of 5
RE/MAX Platina II
3-bedroom freehold villa in Portimão — photo 2 of 5
3-bedroom freehold villa in Portimão — photo 3 of 5
3-bedroom freehold villa in Portimão — photo 4 of 5
3-bedroom freehold villa in Portimão — photo 5 of 5

Detached house in Rua Garrett, Portimão

Portimão · Western Algarve · Ref BF-3796 Source verified · RE/MAX Platina II · listed 16 Apr 2026
Asking price · Freehold
$292,935
View original listing
Ownership
Freehold
Bedrooms
3
Built area
70 m²
True net yield
7.7%
≈ $3,133/mo net after costs & tax
5-yr total return (net + appreciation)
15.2% / yr avg
Payback in ~8 yrs from rent
Brixfox Score 73 · 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

Condition: good

Description

Renovated 3-bedroom house with patio and terrace in the center of Portimão. Built before 1951 and recently renovated, it combines traditional charm with comfort and functionality. Distributed over a single floor, it has 3 bedrooms (2 interior), living room, kitchen, bathroom and pantry, with good organization and natu

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)
$335/night
50% ($154)Brixfox estimate($335/night)200% ($615)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Indicative
Yearly income
$30,081
Likely range $18,049 – $42,113
Airbnb data$335/night · 47% occupancy
Rental income
$335/night · 47% occ.
$57,848
Running costs (20%)
Utilities, cleaning, maintenance
-$11,570
Income tax (10%)
Indonesian rental income tax
-$16,197
Property tax
Annual property tax
-$0
Net income
10.3% ROI
$30,081

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

—

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
11.9%
—
Fully-managed
11.9%
—
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

18.3%

Annual Revenue

$57,848

Income Tax / yr

—

Payback

8 yrs

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Portimão.

$2.5M$1.9M$1.3M$630K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $270K
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 9: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$328K
+22%
Rental Income
+$147K
Total Position
$475K
+76%
12.0%/yr
Year 10
Capital Value
$399K
+48%
Rental Income
+$317K
Total Position
$716K
+166%
10.3%/yr
Year 20
Capital Value
$591K
+119%
Rental Income
+$744K
Total Position
$1.3M
+395%
8.3%/yr
Year 30
Capital Value
$874K
+224%
Rental Income
+$1.3M
Total Position
$2.2M
+713%
7.2%/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
Strong
10.3% annual return
Occupancy
Average
47% average occupancy
Nightly Rate
Strong
$308 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 10.3% — outperforms most villas in this market
Premium nightly rate of $308 — 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 47% — 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.
8.8%
$2,137/mo
40% occ.
11.7%
$2,849/mo
47% occ.
13.8%
$3,374/mo
current
57% occ.
16.7%
$4,087/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.