T2 flat in Rua da Palmeira, Nn, Quinta da Palmeira, Albufeira, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€385,000
Asking Price (EUR)
6.6%
True Net Yield (Owner, all-in)
4.5%
True Net Yield (Managed, all-in)
10.1%
True Gross Yield
51%
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.
€446,860
+16.1% over asking
| Asking price | €385,000 |
| IMT — Property transfer tax (investment schedule) | €18,630 |
| IS — Stamp duty (0.8%) | €3,080 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €5,775 |
| Total acquisition costs | €28,735 |
| Renovation (est. €55/m² × 105 m²) Light touch-ups — paint, fixtures, deep clean. | €5,775 (€3,150–€8,400) |
| Furnishing & STR launch (2bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €27,350 |
| All-in investment (incl. renovation & furnishing) | €446,860 |
Gross yield (asking price)
11.7%
True gross yield (all-in)
10.1%
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
Fabulous ground floor flat with 2 bedrooms and 2 bathrooms, set in a gated, safe and well-maintained condominium, consisting of only 36 apartments, situated in the highly sought-after Balavista area of Albufeira. Located at the end of a quiet cul-de-sac, it offers both privacy and convenience, being just a 2-minute wa
Location
📍 37.0942°N, 8.2386°W
· Albufeira, Algarve, Portugal