T3 flat in Portimão
Portimão · Western Algarve ·
€855,500
Asking Price (EUR)
7.6%
True Net Yield (Owner, all-in)
5.3%
True Net Yield (Managed, all-in)
11.8%
True Gross Yield
59%
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.
€976,557
+14.2% over asking
| Asking price | €855,500 |
| IMT — Property transfer tax (investment schedule) | €51,330 |
| IS — Stamp duty (0.8%) | €6,844 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €12,833 |
| Total acquisition costs | €72,257 |
| Renovation | €0 — move-in ready |
| Furnishing & STR launch (3bd × €8000 base, luxury tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €48,800 |
| All-in investment (incl. renovation & furnishing) | €976,557 |
Gross yield (asking price)
13.4%
True gross yield (all-in)
11.8%
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
A 3-bedroom apartment under construction, scheduled for completion in the first quarter of 2027, located in downtown Portimão. It is located on the 3rd floor of a modern building, consisting of only 4 floors of 1-bedroom, 1+1-bedroom, 2-bedroom, 2+1-bedroom, and 3-bedroom apartments, plus 1 underground parking floor.
Location
📍 37.1463°N, 8.5462°W
· Portimão, Algarve, Portugal