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Terraced house in Largo da Ribeira, 3, Centro, Alvor
Terraced house in Largo da Ribeira, 3, Centro, Alvor — image 2Terraced house in Largo da Ribeira, 3, Centro, Alvor — image 3Terraced house in Largo da Ribeira, 3, Centro, Alvor — image 4Terraced house in Largo da Ribeira, 3, Centro, Alvor — image 5
Grade Bvillabudget

Terraced house in Largo da Ribeira, 3, Centro, Alvor

Portimão · Western Algarve ·

€260,000

Asking Price (EUR)

4.7%

True Net Yield (Owner, all-in)

3.0%

True Net Yield (Managed, all-in)

6.7%

True Gross Yield

44%

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: €29,403/yr
Average Daily Rate: 183
-48.0% vs area baselineImage quality 4/10 (-9%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 24.6 years
5-yr Capital Value: €301,411
10-yr Capital Value: €349,418
Brixfox Score: 56.2 / 100
Comparable Properties: 13
Data Confidence: 84%
Search Radius: 2 km

True Investment Cost

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

€439,027

+68.9% over asking

Asking price€260,000
IMT — Property transfer tax (investment schedule)€9,197
IS — Stamp duty (0.8%)€2,080
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,900
Total acquisition costs€16,427
Renovation (est. €900/m² × 156)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.
€140,400
(€109,200€171,600)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€22,200
All-in investment (incl. renovation & furnishing)€439,027

Gross yield (asking price)

11.3%

True gross yield (all-in)

6.7%

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
Bathrooms: 2
Building: 156
Land: 156
Style: dated
Condition: needs-renovation
Energy Certificate: E

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
15.18
Visual Appeal
4.4
Ownership Security
13
Location
8.4
Land & Space
3.83
Rental Demand
4.41
Payback Speed
3
STR Suitability
4

Description

House with 3 bedrooms in Figueira - Mexilhoeira Grande Detached house with garden and terrace located in a residential area with 3 bedrooms with wardrobes, 2 bathrooms, a large living room and a spacious kitchen with access to a balcony. It has a terrace with great potential and an unobstructed view of the Ria de Alv

Location

📍 37.1304°N, 8.5964°W

· Portimão, Algarve, Portugal

Listed via Idealista.pt
3-bedroom freehold villa in Portimão — photo 1 of 5
Idealista.pt
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

Terraced house in Largo da Ribeira, 3, Centro, Alvor

Portimão · Western Algarve · Ref BF-66252 Source verified · Idealista.pt · listed 2 Jun 2026
Asking price · Freehold
$282,609
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
156 m²
Land
156 m²
True net yield
4.1%
$2,259/mo net after costs & tax
5-yr total return (net + appreciation)
12.0% / yr avg
Payback in ~25 yrs from rent
Brixfox Score 56 · 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

Energy: E
Condition: needs-renovation

Description

House with 3 bedrooms in Figueira - Mexilhoeira Grande Detached house with garden and terrace located in a residential area with 3 bedrooms with wardrobes, 2 bathrooms, a large living room and a spacious kitchen with access to a balcony. It has a terrace with great potential and an unobstructed view of the Ria de Alv

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)
$258/night
50% ($119)Brixfox estimate($258/night)200% ($474)
Occupancy
44%
10%Brixfox estimate(44%)100%

Short-Term Rental

Indicative
Yearly income
$19,957
Likely range $11,974$27,940
Airbnb data$258/night · 44% occupancy
Rental income
$258/night · 44% occ.
$38,379
Running costs (20%)
Utilities, cleaning, maintenance
-$7,676
Income tax (10%)
Indonesian rental income tax
-$10,746
Property tax
Annual property tax
-$0
Net income
7.1% ROI
$19,957

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

4.1%

on all-in cost of $339,424

Scenario
Pre-tax
After-tax
Owner-managed
8.0%
7.0%
Fully-managed
5.0%
4.1%
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

11.3%

Annual Revenue

$38,379

Income Tax / yr

$3,359

Payback

25 yrs

True All-In Cost
Asking price$282,609
IMT — transfer tax (non-resident 7.5%)$21,196
Stamp duty (0.8%)$2,261
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$339,424

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Portimão.

$2.0M$1.5M$987K$494K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $260K
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 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$316K
+22%
Rental Income
+$97K
Total Position
$414K
+59%
9.7%/yr
Year 10
Capital Value
$385K
+48%
Rental Income
+$210K
Total Position
$595K
+129%
8.6%/yr
Year 20
Capital Value
$570K
+119%
Rental Income
+$493K
Total Position
$1.1M
+309%
7.3%/yr
Year 30
Capital Value
$843K
+224%
Rental Income
+$874K
Total Position
$1.7M
+560%
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

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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
7.1% annual return
Occupancy
Weak
44% average occupancy
Nightly Rate
Strong
$237 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Average
156 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $237 — 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 44% — 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.
7.0%
$1,646/mo
40% occ.
9.3%
$2,195/mo
44% occ.
10.3%
$2,418/mo
current
54% occ.
12.6%
$2,966/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.