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House in Rua Primeiro de Maio, 23, Vila Real de Santo António
House in Rua Primeiro de Maio, 23, Vila Real de Santo António — image 2House in Rua Primeiro de Maio, 23, Vila Real de Santo António — image 3House in Rua Primeiro de Maio, 23, Vila Real de Santo António — image 4House in Rua Primeiro de Maio, 23, Vila Real de Santo António — image 5
Grade C+villamid-range

House in Rua Primeiro de Maio, 23, Vila Real de Santo António

VRSA/Monte Gordo · Eastern Algarve ·

€680,000

Asking Price (EUR)

1.9%

True Net Yield (Owner, all-in)

1.0%

True Net Yield (Managed, all-in)

3.3%

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: €25,228/yr
Average Daily Rate: €148
-7.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%)
Payback Period: 115.7 years
5-yr Capital Value: €788,306
10-yr Capital Value: €913,863
Brixfox Score: 47.7 / 100
Comparable Properties: 6
Data Confidence: 82%
Search Radius: 2 km

True Investment Cost

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

€769,890

+13.2% over asking

Asking price€680,000
IMT — Property transfer tax (investment schedule)€40,800
IS — Stamp duty (0.8%)€5,440
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€10,200
Total acquisition costs€57,690
Renovation€0 — move-in ready
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)€769,890

Gross yield (asking price)

3.7%

True gross yield (all-in)

3.3%

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: 4
Building: 231 m²
Land: 136 m²
Style: portuguese-traditional
Condition: excellent
Energy Certificate: b-

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

exposed wooden beam ceilingtraditional Portuguese facadearched window recess

Score Breakdown

ROI
3.44
Visual Appeal
11.2
Ownership Security
13
Location
8.4
Land & Space
2.96
Rental Demand
4.67
Payback Speed
0
STR Suitability
4

Description

There are properties that impress. There are properties that tell a story. And then there are those rare ones who can do both. In the heart of the historic Pombaline area of \u200b\u200bVila Real de Santo António, just a few steps from the emblematic Praça Marquês de Pombal, the Marina and all the vibrant life of the

Location

📍 37.1933°N, 7.4156°W

· VRSA/Monte Gordo, Algarve, Portugal

Visit KW Flash Algarve - Sotavento →Listed via Idealista.pt
3-bedroom freehold villa in VRSA/Monte Gordo — photo 1 of 5
KW Flash Algarve - Sotavento
3-bedroom freehold villa in VRSA/Monte Gordo — photo 2 of 5
3-bedroom freehold villa in VRSA/Monte Gordo — photo 3 of 5
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3-bedroom freehold villa in VRSA/Monte Gordo — photo 5 of 5

House in Rua Primeiro de Maio, 23, Vila Real de Santo António

VRSA/Monte Gordo · Eastern Algarve · Ref BF-81890 Source verified · KW Flash Algarve - Sotavento · listed 16 Jun 2026
Asking price · Freehold
$739,130
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
4
Built area
231 m²
Land
136 m²
True net yield
0.9%
≈ $1,575/mo net after costs & tax
5-yr total return (net + appreciation)
6.1% / yr avg
Payback in ~116 yrs from rent
Brixfox Score 48 · 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

VRSA/Monte Gordo

Eastern Algarve, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Energy: b-
Condition: excellent

Description

There are properties that impress. There are properties that tell a story. And then there are those rare ones who can do both. In the heart of the historic Pombaline area of \u200b\u200bVila Real de Santo António, just a few steps from the emblematic Praça Marquês de Pombal, the Marina and all the vibrant life of the

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)
$209/night
50% ($96)Brixfox estimate($209/night)200% ($384)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Indicative
Yearly income
$17,122
Likely range $10,273 – $23,971
Airbnb data$209/night · 47% occupancy
Rental income
$209/night · 47% occ.
$32,926
Running costs (20%)
Utilities, cleaning, maintenance
-$6,585
Income tax (10%)
Indonesian rental income tax
-$9,219
Property tax
Annual property tax
-$0
Net income
2.3% ROI
$17,122

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

0.9%

on all-in cost of $838,917

Scenario
Pre-tax
After-tax
Owner-managed
2.3%
1.9%
Fully-managed
1.2%
0.9%
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

3.9%

Annual Revenue

$32,926

Income Tax / yr

$2,882

Payback

—

True All-In Cost
Asking price$739,130
IMT — transfer tax (non-resident 7.5%)$55,435
Stamp duty (0.8%)$5,913
Notary + registry$2,174
Legal$9,091
Furnishing + STR launch$27,174
All-in cost$838,917

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in VRSA/Monte Gordo.

$3.4M$2.5M$1.7M$850K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $680K
Capital appreciation
Property value growing at +4%/yr based on VRSA/Monte Gordo 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 29: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$827K
+22%
Rental Income
+$84K
Total Position
$911K
+34%
6.0%/yr
Year 10
Capital Value
$1.0M
+48%
Rental Income
+$181K
Total Position
$1.2M
+75%
5.7%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$423K
Total Position
$1.9M
+181%
5.3%/yr
Year 30
Capital Value
$2.2M
+224%
Rental Income
+$749K
Total Position
$3.0M
+335%
5.0%/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
Weak
2.3% annual return
Occupancy
Average
47% average occupancy
Nightly Rate
Good
$192 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
136 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
Yield of 2.3% is below the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
2.2%
$1,332/mo
40% occ.
2.9%
$1,776/mo
47% occ.
3.4%
$2,074/mo
current
57% occ.
4.1%
$2,518/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.