T3 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande
Portimão · Western Algarve ·
€560,000
Asking Price (EUR)
3.3%
True Net Yield (Owner, all-in)
2.3%
True Net Yield (Managed, all-in)
5.1%
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.
-21.0% vs area baselineImage quality 3/10 (-12%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%), Budget finish (-12%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€1.5M
+172.7% over asking
| Asking price | €560,000 |
| IMT — Property transfer tax (investment schedule) | €32,630 |
| IS — Stamp duty (0.8%) | €4,480 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €8,400 |
| Total acquisition costs | €46,760 |
| Renovation (est. €900/m² × 1000 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €900,000 (€700,000–€1.1M) |
| Furnishing & STR launch (3bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €20,200 |
| All-in investment (incl. renovation & furnishing) | €1.5M |
Gross yield (asking price)
13.8%
True gross yield (all-in)
5.1%
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
Unique property in communion with nature and Paradise. Business opportunity for those who are thinking of developing several projects, including accommodation residence, Glamping, AL, Guest House, Camping among other projects related to nature and its fantastic dam! With easy access and well-structured and municipal
Location
📍 37.2302°N, 8.6421°W
· Portimão, Algarve, Portugal