Detached house in Vale das Hortas - Tapada da Penina, Alvor
Portimão · Western Algarve ·
€1.3M
Asking Price (EUR)
8.1%
True Net Yield (Owner, all-in)
5.6%
True Net Yield (Managed, all-in)
12.5%
True Gross Yield
60%
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.
+5.0% vs area baselinePortuguese-traditional style (+5%), Has pool (0%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€1.5M
+14.5% over asking
| Asking price | €1.3M |
| IMT — Property transfer tax (investment schedule) | €100,125 |
| IS — Stamp duty (0.8%) | €10,680 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €20,025 |
| Total acquisition costs | €132,080 |
| Renovation (est. €55/m² × 300 m²) Light touch-ups — paint, fixtures, deep clean. | €16,500 (€9,000–€24,000) |
| Furnishing & STR launch (5bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €45,400 |
| All-in investment (incl. renovation & furnishing) | €1.5M |
Gross yield (asking price)
14.3%
True gross yield (all-in)
12.5%
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
Vila Golfinho The villa is located within Hotel Penina & Golf Resort, Alvor, Algarve, which was considered the best resort and best golf course in Europe by World Travel Awards, the ‘oscars’ os tourism. The villa is attached to one of the holes of the pretigiousPenina’s Golf Course, designed by Henry Cotton. It was i
Location
📍 37.1566°N, 8.5766°W
· Portimão, Algarve, Portugal