T2 flat in Rua Gil Vicente, Centro da Cidade, Albufeira, Albufeira e Olhos de Água
T2 flat in Rua Gil Vicente, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 2T2 flat in Rua Gil Vicente, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 3T2 flat in Rua Gil Vicente, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 4T2 flat in Rua Gil Vicente, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 5
Grade Bapartmentmid-range

T2 flat in Rua Gil Vicente, Centro da Cidade, Albufeira, Albufeira e Olhos de Água

Albufeira · Central Algarve ·

€699,000

Asking Price (EUR)

3.8%

True Net Yield (Owner, all-in)

2.6%

True Net Yield (Managed, all-in)

5.1%

True Gross Yield

46%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.2 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €39,984/yr
Average Daily Rate: €240
-8.0% vs area baselineImage quality 6/10 (-3%), Dated style (-15%), Has pool (0%), Has view (+10%)
Payback Period: 37.4 years
5-yr Capital Value: €810,333
10-yr Capital Value: €939,398
Brixfox Score: 55.8 / 100
Comparable Properties: 98
Data Confidence: 98%
Search Radius: 2 km

True Investment Cost

Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.

€790,677

+13.1% over asking

Asking price€699,000
IMT — Property transfer tax (investment schedule)€41,940
IS — Stamp duty (0.8%)€5,592
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€10,485
Total acquisition costs€59,267
Renovation (est. €55/m² × 92 m²)
Light touch-ups — paint, fixtures, deep clean.		€5,060
(€2,760–€7,360)
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)€790,677

Gross yield (asking price)

5.7%

True gross yield (all-in)

5.1%

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.

Bedrooms: 2
Bathrooms: 2
Building: 92 m²
Style: dated
Condition: good
Year Built: 1988
Energy Certificate: C
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

coffered-ceilinglarge-windows-with-garden-view

Score Breakdown

ROI
10.38
Visual Appeal
8.8
Ownership Security
13
Location
10.2
Land & Space
3.84
Rental Demand
4.56
Payback Speed
1
STR Suitability
4

Description

Condo/Apartment T2 for sale.

Location

📍 37.0904°N, 8.2479°W

· Albufeira, Algarve, Portugal

View on Remax Riverview →Also on Idealista.pt
T2 flat in Rua Gil Vicente, Centro da Cidade, Albufeira, Albufeira e Olhos de Água
Idealista.pt
Source verified

T2 flat in Rua Gil Vicente, Centro da Cidade, Albufeira, Albufeira e Olhos de Água

Albufeira · Central Algarve · Freehold · Ref BF-8587
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
92 m²
True net yield
2.7%
≈ $3,372/mo net after costs & tax
Brixfox Score 56 · B

Property details

Year built: 1988
Energy: C
Condition: good

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$346/night
50% ($159)Brixfox estimate($346/night)200% ($636)
Occupancy
46%
10%Brixfox estimate(46%)100%

Short-Term Rental

Yearly income
$27,695
Airbnb data$346/night · 46% occupancy
Rental income
$346/night · 46% occ.
$53,259
Running costs (20%)
Utilities, cleaning, maintenance
-$10,652
Income tax (10%)
Indonesian rental income tax
-$14,912
Property tax
Annual property tax
-$0
Net income
3.6% ROI
$27,695

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

2.7%

on all-in cost of $843,060

Scenario
Pre-tax
After-tax
Owner-managed
4.8%
4.3%
Fully-managed
3.2%
2.7%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

6.3%

Annual Revenue

$53,259

Income Tax / yr

$4,660

Payback

37 yrs

True All-In Cost
Asking price$759,783
IMT — transfer tax (non-resident 7.5%)$56,984
Stamp duty (0.8%)$6,078
Notary + registry$2,174
Legal$9,346
Furnishing + STR launch$8,696
All-in cost$843,060

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Albufeira.

$4.0M$3.0M$2.0M$1.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $699K
Capital appreciation
Property value growing at +4%/yr based on Albufeira market trends.
Rental income
Cumulative net rental earnings collected over time, growing with annual revenue increases.
Total return
Capital value + rental income. Your actual total position if you sold and kept all rent.
Paid back
Year 21: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$850K
+22%
Rental Income
+$135K
Total Position
$986K
+41%
7.1%/yr
Year 10
Capital Value
$1.0M
+48%
Rental Income
+$292K
Total Position
$1.3M
+90%
6.6%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$685K
Total Position
$2.2M
+217%
5.9%/yr
Year 30
Capital Value
$2.3M
+224%
Rental Income
+$1.2M
Total Position
$3.5M
+398%
5.5%/yr

Location

Albufeira

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
3.6% annual return
Occupancy
Average
46% average occupancy
Nightly Rate
Strong
$318 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $318 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 3.6% is near the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
3.5%
$2,209/mo
40% occ.
4.7%
$2,945/mo
46% occ.
5.3%
$3,355/mo
current
56% occ.
6.5%
$4,092/mo

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Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.

Asking price · Freehold
$759,783
2.7%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.