T2 flat in Rua Gil Vicente, Centro da Cidade, Albufeira, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€280,000
Asking Price (EUR)
7.6%
True Net Yield (Owner, all-in)
5.3%
True Net Yield (Managed, all-in)
11.7%
True Gross Yield
48%
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.
€328,362
+17.3% over asking
| Asking price | €280,000 |
| IMT — Property transfer tax (investment schedule) | €10,597 |
| IS — Stamp duty (0.8%) | €2,240 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €4,200 |
| Total acquisition costs | €18,287 |
| Renovation (est. €55/m² × 95 m²) Light touch-ups — paint, fixtures, deep clean. | €5,225 (€2,850–€7,600) |
| Furnishing & STR launch (2bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €24,850 |
| All-in investment (incl. renovation & furnishing) | €328,362 |
Gross yield (asking price)
13.8%
True gross yield (all-in)
11.7%
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
RENOVATED T1+1 APARTMENT, 500 METERS FROM THE BEACH. Exclusive property in Albufeira – Live by the sea Discover this charming 2-Bedroom apartment, fully renovated and updated for greater comfort, combining everyday convenience with the privilege of living in the heart of Albufeira. The property offers: - A cozy livin
Location
📍 37.0907°N, 8.2457°W
· Albufeira, Algarve, Portugal