Detached house in Praceta Dom Nuno Alvares Pereira, Três Bicos, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€695,000
Asking Price (EUR)
4.2%
True Net Yield (Owner, all-in)
2.9%
True Net Yield (Managed, all-in)
6.5%
True Gross Yield
66%
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.
-45.0% vs area baselineImage quality 5/10 (-6%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€991,085
+42.6% over asking
| Asking price | €695,000 |
| IMT — Property transfer tax (investment schedule) | €41,700 |
| IS — Stamp duty (0.8%) | €5,560 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €10,425 |
| Total acquisition costs | €58,935 |
| Renovation (est. €350/m² × 595 m²) Cosmetic refresh — flooring, paint, bathroom & kitchen updates. | €208,250 (€148,750–€267,750) |
| Furnishing & STR launch (5bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €28,900 |
| All-in investment (incl. renovation & furnishing) | €991,085 |
Gross yield (asking price)
9.3%
True gross yield (all-in)
6.5%
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
Looking for space? Then this is it. Looking for a huge garage? Then this is it. Looking for profitability? Then this is it. - In the basement there is a garage the size of the entire house, with a bathroom and an extra sauna. - On the ground floor, 3 bedrooms, one of them en-suite. Living room with fireplace and a
Location
📍 37.1368°N, 8.5509°W
· Portimão, Algarve, Portugal