Portimão, Portimão, Faro, Portimão, Portimao, Algarve, Portugal. - Hero Image
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Portimão
Portimao | Algarve

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Famous Group Real Estate
Famous Group Real Estate
Presented At
€595,000
Bedrooms
4
Bathrooms
3
Living
1,981
SQM
Fireplace
Stone Countertops
Air Conditioning
Washer Dryer
Kitchen island
Laundry Room
Terrace
Parking
Balcony
Duplex
Investment Property
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Portimão, Portimão, Faro, Portimão, Portimao, Algarve, Portugal. , Portimao , Algarve

4 Bedroom Duplex Flat In Portimão

This 4-bedroom duplex flat with a gross construction area of 184 m2 is located in the centre of Portimão. The property stands out for its generous interior areas, as well as the 73 m2 balcony, equipped with a barbecue, providing an ideal outdoor space for leisure and al fresco dining.

Functionally distributed, the flat offers four bedrooms with built-in wardrobes, a large kitchen, a living room with good sun exposure and a private parking space.

Located just 2 kilometres from Praia da Rocha, it benefits from its proximity to various services, local shops, schools and leisure areas, making it an excellent solution for both permanent living and investment in the rental market.

Nearby points of interest:
  • Praia da Rocha 2 km away<br/>
  • Schools and services nearby<br/>
  • Central area with easy access<br/><br/>Sales price: 595.000

Exterior

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Map showing Portimão, Portimão, Faro, Portimão, Portimao, Algarve, Portugal.

Property Location

Portimão, Portimão, Faro, Portimão, Portimao, Algarve, Portugal., Portimao Algarve

Local Weather & Climate

Portimao, Algarve

Current Conditions Updated recently
57 °F
Overcast clouds
Feels Like 56°F
Humidity 67%
Wind 7 mph
Visibility 6.2 mi
Sunrise 6:57 AM
Sunset 6:33 PM
5-Day Forecast
Sat 7 Mar
Clouds
High 57°
Low 52°
Sun 8 Mar
Clouds
High 59°
Low 49°
Mon 9 Mar
Clouds
High 58°
Low 50°
Tue 10 Mar
Clouds
High 57°
Low 49°
Wed 11 Mar
Clouds
High 62°
Low 53°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Portimao?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (Portugal)
€0 Est. First Year Interest Deduction
€0 Est. Annual Tax Savings
*Maximum annual deduction is €296. Property must be permanent residence. Phasing out for higher incomes.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for Portugal. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on Portugal tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Our perspective on current market conditions in Portimao. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $59,500,000 20% down ($11,900,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$5,113
$5,113/day
Your home may appreciate while you sleep
$35,888/week $155,515/mo $1,866,180/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$32.7M
vs
OWN 📈 +$46.4M
$46.4M Potential Equity
vs $32.7M lost to rent over 10 years
$11.9M Down Payment Growth
3.9x
10yr
$46.4M
8.1x
20yr
$96.2M
12.6x
30yr
$150.3M
Wealth Comparison
×358
Equivalent to 358 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $150.3M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $70.1M +18%
Market $81.0M +36%
Optimistic $93.5M +57%
$46.4M est. equity
20 Years
Conservative $82.5M +39%
Market $110.3M +85%
Optimistic $146.9M +147%
$96.2M est. equity
30 Years
Conservative $97.2M +63%
Market $150.3M +153%
Optimistic $230.9M +288%
$150.3M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Portimão, Portimão, Faro, Portimão, Portimao, Algarve, Portugal features 4 bedrooms with 1,981 square feet of living space.
This property offers 1,981 square feet of living space.
This property is listed at $59,500,000, which equals $30035 per square foot.
Based on current market indicators, Portimao shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Portimao, Algarve. The property is situated in an established neighborhood with convenient access to local amenities and services.
Famous Group Real Estate

Famous Group Real Estate

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