T3 flat in Praia da Falésia, Olhos de Água, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€430,000
Asking Price (EUR)
7.2%
True Net Yield (Owner, all-in)
5.0%
True Net Yield (Managed, all-in)
11.1%
True Gross Yield
44%
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.
€501,820
+16.7% over asking
| Asking price | €430,000 |
| IMT — Property transfer tax (investment schedule) | €22,230 |
| IS — Stamp duty (0.8%) | €3,440 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €6,450 |
| Total acquisition costs | €33,370 |
| Renovation (est. €55/m² × 150 m²) Light touch-ups — paint, fixtures, deep clean. | €8,250 (€4,500–€12,000) |
| Furnishing & STR launch (3bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €30,200 |
| All-in investment (incl. renovation & furnishing) | €501,820 |
Gross yield (asking price)
12.9%
True gross yield (all-in)
11.1%
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
Where the Sea meets the Pine Forest: Your holiday retreat in Olhos de Água - Açoteias - Algarve Imagine swapping your alarm clock for birdsong and city stress for sea breezes. This three-bedroom apartment, with two bathrooms, parking space and storage room, is the perfect invitation to days of complete relaxation, sur
Location
📍 37.0951°N, 8.1666°W
· Albufeira, Algarve, Portugal