Terraced house in Balaia, Olhos de Água, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€565,000
Asking Price (EUR)
10.4%
True Net Yield (Owner, all-in)
7.2%
True Net Yield (Managed, all-in)
15.9%
True Gross Yield
56%
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.
+15.0% vs area baselinePortuguese-traditional style (+5%), Has pool (0%), Has view (+10%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€662,060
+17.2% over asking
| Asking price | €565,000 |
| IMT — Property transfer tax (investment schedule) | €33,030 |
| IS — Stamp duty (0.8%) | €4,520 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €8,475 |
| Total acquisition costs | €47,275 |
| Renovation (est. €55/m² × 177 m²) Light touch-ups — paint, fixtures, deep clean. | €9,735 (€5,310–€14,160) |
| Furnishing & STR launch (4bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €40,050 |
| All-in investment (incl. renovation & furnishing) | €662,060 |
Gross yield (asking price)
18.7%
True gross yield (all-in)
15.9%
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
Semi-detached house in a 14-house condominium in the Corcovada area. It stands out for its generous area spread over three floors. It also includes its own garage and a communal swimming pool. On the ground floor, there is a fully equipped kitchen and a south-facing living room with a fireplace and a balcony that open
Location
📍 37.0972°N, 8.2179°W
· Albufeira, Algarve, Portugal