T3 flat in Centro de Olhos de Água, Olhos de Água, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€499,000
Asking Price (EUR)
7.0%
True Net Yield (Owner, all-in)
4.8%
True Net Yield (Managed, all-in)
10.7%
True Gross Yield
46%
Occupancy
Projections — conservative (data maturing)
Our Airbnb calendar dataset started 0.8 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.
€576,717
+15.6% over asking
| Asking price | €499,000 |
| IMT — Property transfer tax (investment schedule) | €27,750 |
| IS — Stamp duty (0.8%) | €3,992 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €7,485 |
| Total acquisition costs | €40,477 |
| Renovation (est. €55/m² × 128 m²) Light touch-ups — paint, fixtures, deep clean. | €7,040 (€3,840–€10,240) |
| 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) | €576,717 |
Gross yield (asking price)
12.4%
True gross yield (all-in)
10.7%
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
3-bedroom apartment located in Olhos d'Água, 2 minutes walk from the beach. This fantastic apartment features a spacious and bright living room with a terrace offering sea views, a fully equipped kitchen with access to another terrace where you can enjoy the stunning sea view. It has three bedrooms, all with built-in
Location
📍 37.0915°N, 8.1893°W
· Albufeira, Algarve, Portugal