T2 flat in Rua Drummond de Andrade, 27, Amparo - Alto do Quintão, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€347,500
Asking Price (EUR)
5.5%
True Net Yield (Owner, all-in)
3.8%
True Net Yield (Managed, all-in)
8.4%
True Gross Yield
51%
Occupancy
Projections — conservative (data maturing)
Our Airbnb calendar dataset started 1 months ago and is currently at 8% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.73, occupancy cap 66%) that auto-fades to full fidelity by April 2027.
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has view (+10%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€404,098
+16.3% over asking
| Asking price | €347,500 |
| IMT — Property transfer tax (investment schedule) | €15,630 |
| IS — Stamp duty (0.8%) | €2,780 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €5,213 |
| Total acquisition costs | €24,873 |
| Renovation (est. €55/m² × 125 m²) Light touch-ups — paint, fixtures, deep clean. | €6,875 (€3,750–€10,000) |
| 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) | €404,098 |
Gross yield (asking price)
9.8%
True gross yield (all-in)
8.4%
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
2 bedroom flat in Urb. Jardins do Amparo, Portimão The flat consists of: - Entrance hall - 2 bedrooms with balcony access - Open-plan kitchen with living room, both with access to balcony - 1 Bathroom It also has 1 parking space. *Information* Condo fee: 55€/ month IMI: 310€/ year Book your visit now! Internal Re
Location
📍 37.1279°N, 8.5428°W
· Portimão, Algarve, Portugal