T2 flat in Rua das Telecomunicações, 4, Centro da Cidade, Albufeira, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€289,000
Asking Price (EUR)
6.2%
True Net Yield (Owner, all-in)
4.3%
True Net Yield (Managed, all-in)
9.6%
True Gross Yield
47%
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 baselineImage quality 6/10 (-3%), No pool (-12%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€338,419
+17.1% over asking
| Asking price | €289,000 |
| IMT — Property transfer tax (investment schedule) | €11,227 |
| IS — Stamp duty (0.8%) | €2,312 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €4,335 |
| Total acquisition costs | €19,124 |
| Renovation (est. €55/m² × 99 m²) Light touch-ups — paint, fixtures, deep clean. | €5,445 (€2,970–€7,920) |
| 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) | €338,419 |
Gross yield (asking price)
11.2%
True gross yield (all-in)
9.6%
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
Score Breakdown
Description
Located in the centre of Albufeira, just 400 meters from the iconic Fisherman's Beach, this flat perfectly combines the tranquillity of a cosy home with the proximity of all the amenities, services and entertainment that the city has to offer. The property consists of two bedrooms, a large bathroom, fully equipped kit
Location
📍 37.0904°N, 8.2466°W
· Albufeira, Algarve, Portugal