Penthouse in Beco das Camélias, Quinta da Palmeira, Albufeira, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€530,000
Asking Price (EUR)
6.8%
True Net Yield (Owner, all-in)
4.7%
True Net Yield (Managed, all-in)
10.5%
True Gross Yield
50%
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.
€619,405
+16.9% over asking
| Asking price | €530,000 |
| IMT — Property transfer tax (investment schedule) | €30,230 |
| IS — Stamp duty (0.8%) | €4,240 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €7,950 |
| Total acquisition costs | €43,670 |
| Renovation (est. €55/m² × 237 m²) Light touch-ups — paint, fixtures, deep clean. | €13,035 (€7,110–€18,960) |
| Furnishing & STR launch (3bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €32,700 |
| All-in investment (incl. renovation & furnishing) | €619,405 |
Gross yield (asking price)
12.2%
True gross yield (all-in)
10.5%
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
This duplex penthouse is a unique opportunity for those seeking a holiday home, a short-term rental investment, or a comfortable permanent residence in the Algarve, with a proven return on investment. The property is spread over two floors: Lower floor: Welcoming entrance hall Full bathroom with bathtub Fully equi
Location
📍 37.0916°N, 8.2387°W
· Albufeira, Algarve, Portugal