T3 flat in Rua da Vela Latina, São Rafael, Sesmaria - Cerro de Águia, Albufeira e Olhos de Água
T3 flat in Rua da Vela Latina, São Rafael, Sesmaria - Cerro de Águia, Albufeira e Olhos de Água — image 2T3 flat in Rua da Vela Latina, São Rafael, Sesmaria - Cerro de Águia, Albufeira e Olhos de Água — image 3T3 flat in Rua da Vela Latina, São Rafael, Sesmaria - Cerro de Águia, Albufeira e Olhos de Água — image 4T3 flat in Rua da Vela Latina, São Rafael, Sesmaria - Cerro de Águia, Albufeira e Olhos de Água — image 5
Grade B+apartmentmid-range

T3 flat in Rua da Vela Latina, São Rafael, Sesmaria - Cerro de Águia, Albufeira e Olhos de Água

Albufeira · Central Algarve ·

€489,000

Asking Price (EUR)

6.8%

True Net Yield (Owner, all-in)

4.7%

True Net Yield (Managed, all-in)

10.5%

True Gross Yield

48%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.9 months ago and is currently at 16% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.75, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €59,388/yr
Average Daily Rate: €341
Payback Period: 10.2 years
5-yr Capital Value: €642,539
10-yr Capital Value: €781,747
Brixfox Score: 70 / 100
Comparable Properties: 19
Data Confidence: 88%
Search Radius: 2 km

True Investment Cost

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

€566,702

+15.9% over asking

Asking price€489,000
IMT — Property transfer tax (investment schedule)€26,950
IS — Stamp duty (0.8%)€3,912
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,335
Total acquisition costs€39,447
Renovation (est. €55/m² × 101 m²)
Light touch-ups — paint, fixtures, deep clean.		€5,555
(€3,030–€8,080)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,700
All-in investment (incl. renovation & furnishing)€566,702

Gross yield (asking price)

12.1%

True gross yield (all-in)

10.5%

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: 3
Bathrooms: 3
Building: 101 m²
Style: portuguese-traditional
Condition: good
Energy Certificate: D
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

balcony privacy screenbuddha statue on balconytraditional lanterncommunal pool area with restaurant

Score Breakdown

ROI
22.83
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
4.02
Rental Demand
4.76
Payback Speed
4
STR Suitability
3

Description

Stylish 1+2-Bedroom Duplex Apartment 7 minute walk from S. Rafael Beach and the Albufeira Marina. Private Balcony | Mezzanine | Swimming Pool & Tennis Court Discover this beautifully designed 3-bedroom duplex apartment located in a lovely development just outside Albufeira. With a smart, split-level layout, this pro

Location

📍 37.0798°N, 8.2764°W

· Albufeira, Algarve, Portugal

View on De Brito Properties →Also on Idealista.pt
Idealista.pt
Albufeira / Central Algarve

T3 flat in Rua da Vela Latina, São Rafael, Sesmaria - Cerro de Águia, Albufeira e Olhos de Água

Inventory
3 Beds
Bathrooms
3 Baths
Built Area
101 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 8.3% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score70
GradeB+
Brixfox Intelligence
70B+Strong
Score Breakdown
ROI & Yield77%
Capital Growth74%
Risk Profile72%
Market Demand70%

The Brixfox Score is our proprietary AI-powered rating that evaluates rental ROI, capital appreciation potential, risk factors, and local market dynamics to give you a single investment quality metric.

Pro members get full score breakdown with AI recommendations
Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+13.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$120K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.3%
$3,665/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
12.1 yr
Rental only

Property details

Energy: D
Condition: good

Description

Stylish 1+2-Bedroom Duplex Apartment 7 minute walk from S. Rafael Beach and the Albufeira Marina. Private Balcony | Mezzanine | Swimming Pool & Tennis Court Discover this beautifully designed 3-bedroom duplex apartment located in a lovely development just outside Albufeira. With a smart, split-level layout, this pro

Income Breakdown

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Nightly Rate (ADR)
$497/night
50% ($228)Brixfox estimate($497/night)200% ($914)
Occupancy
48%
10%Brixfox estimate(48%)100%

Short-Term Rental

Yearly income
$43,978
Airbnb data$497/night · 48% occupancy
Rental income
$497/night · 48% occ.
$86,362
Running costs (20%)
Utilities, cleaning, maintenance
-$17,272
Income tax (10%)
Indonesian rental income tax
-$24,181
Property tax
Annual property tax
-$930
Net income
8.3% ROI
$43,978

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

True all-in investment

What the headline asking price actually costs once mandatory taxes, fees, renovation, and furnishing are added. Yields rebased onto this number — closer to what you'll really earn against what you'll really pay.

Asking price$531,522
IMT (transfer tax, investment schedule)$29,293
Imposto de Selo (stamp duty)$4,252
Notary & registration$1,359
Legal / due diligence$7,973
Total acquisition costs$42,877
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$6,038
($3,293–$8,783)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$35,543
All-in investment$615,980

Gross yield (asking)

16.2%

True gross yield (all-in)

14.0%

Estimates use Portugal's standard transfer tax + typical legal/notary defaults. Verify with local counsel before committing — actual fees vary by deal structure.

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: $489K
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 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$595K
+22%
Rental Income
+$215K
Total Position
$810K
+66%
10.6%/yr
Year 10
Capital Value
$724K
+48%
Rental Income
+$464K
Total Position
$1.2M
+143%
9.3%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$1.1M
Total Position
$2.2M
+341%
7.7%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$1.9M
Total Position
$3.5M
+618%
6.8%/yr

Location

Albufeira

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
8.3% annual return
Occupancy
Average
48% average occupancy
Nightly Rate
Strong
$457 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 8.3% — outperforms most villas in this market
Premium nightly rate of $457 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 48% — factor in seasonal gaps

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
7.0%
$3,094/mo
40% occ.
9.4%
$4,151/mo
48% occ.
11.2%
$4,960/mo
current
58% occ.
13.6%
$6,018/mo

Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Includes 10% Indonesian rental tax (PPh) and annual property tax (PBB). Market factors in Portugal may impact actual yields.