T3 flat in Rua Alves Correia, 97, Centro da Cidade, Albufeira, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€379,000
Asking Price (EUR)
9.7%
True Net Yield (Owner, all-in)
6.7%
True Net Yield (Managed, all-in)
15.0%
True Gross Yield
50%
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.
€437,317
+15.4% over asking
| Asking price | €379,000 |
| IMT — Property transfer tax (investment schedule) | €18,150 |
| IS — Stamp duty (0.8%) | €3,032 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €5,685 |
| Total acquisition costs | €28,117 |
| Renovation | €0 — move-in ready |
| 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) | €437,317 |
Gross yield (asking price)
17.3%
True gross yield (all-in)
15.0%
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
Three-bedroom apartment suitable for local accommodation (AL) for up to 8 guests, offering a 12% gross annual yield, corresponding to an estimated rental income of approximately €46,000 per year, sold fully furnished and equipped, allowing for a turnkey investment. Apartment layout: •Living room with air conditioning
Location
📍 37.0887°N, 8.2498°W
· Albufeira, Algarve, Portugal