Detached house, Urbanizacao de Penina, 71, Sesmarias - Telheiro - Penina, Alvor
Portimão · Western Algarve ·
€2.6M
Asking Price (EUR)
6.1%
True Net Yield (Owner, all-in)
4.2%
True Net Yield (Managed, all-in)
9.4%
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.
€3.0M
+14.2% over asking
| Asking price | €2.6M |
| IMT — Property transfer tax (investment schedule) | €195,000 |
| IS — Stamp duty (0.8%) | €20,800 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €39,000 |
| Total acquisition costs | €256,050 |
| Renovation (est. €55/m² × 600 m²) Light touch-ups — paint, fixtures, deep clean. | €33,000 (€18,000–€48,000) |
| Furnishing & STR launch (6bd × €8000 base, luxury tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €79,850 |
| All-in investment (incl. renovation & furnishing) | €3.0M |
Gross yield (asking price)
10.8%
True gross yield (all-in)
9.4%
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
Spacious V5 +1 600 m2 house with big garden 2 550 m2 and pool. Top quality wood and stones, artr-deco project by a famous architect. Underfloor heating, fire place and air cons makes it warm and dry in winter. Located inside the Penina Golf Resort, only 5 min from a small town Alvor with its famous beaches and restaura
Location
📍 37.1591°N, 8.5684°W
· Portimão, Algarve, Portugal