T2 flat in Rua João Dias Mendes, 16, Aljezur
Aljezur · Western Algarve ·
€364,000
Asking Price (EUR)
3.5%
True Net Yield (Owner, all-in)
2.4%
True Net Yield (Managed, all-in)
5.4%
True Gross Yield
54%
Occupancy
Projections — conservative (data maturing)
Our Airbnb calendar dataset started 0.9 months ago and is currently at 7% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.72, occupancy cap 66%) that auto-fades to full fidelity by April 2027.
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€492,922
+35.4% over asking
| Asking price | €364,000 |
| IMT — Property transfer tax (investment schedule) | €16,950 |
| IS — Stamp duty (0.8%) | €2,912 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €5,460 |
| Total acquisition costs | €26,572 |
| Renovation (est. €900/m² × 95 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €85,500 (€66,500–€104,500) |
| Furnishing & STR launch (2bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €16,850 |
| All-in investment (incl. renovation & furnishing) | €492,922 |
Gross yield (asking price)
7.3%
True gross yield (all-in)
5.4%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
Score Breakdown
Description
Apartamento T2 – Meio (Middle Floor, Level 1) The Old Mill Apartments – Aljezur Old Town We will update along the progress of the construction. Final price upon completion (discounts available for early reservation / pre-contract). A beautifully renovated T2 middle-floor apartment (95 m²) offering the ideal balance
Location
📍 37.3177°N, 8.8033°W
· Aljezur, Algarve, Portugal