Penthouse, Santa Eulália, Nn, Santa Eulália, Albufeira, Albufeira e Olhos de Água
Penthouse, Santa Eulália, Nn, Santa Eulália, Albufeira, Albufeira e Olhos de Água — image 2Penthouse, Santa Eulália, Nn, Santa Eulália, Albufeira, Albufeira e Olhos de Água — image 3Penthouse, Santa Eulália, Nn, Santa Eulália, Albufeira, Albufeira e Olhos de Água — image 4Penthouse, Santa Eulália, Nn, Santa Eulália, Albufeira, Albufeira e Olhos de Água — image 5
Grade B+apartmentmid-range

Penthouse, Santa Eulália, Nn, Santa Eulália, Albufeira, Albufeira e Olhos de Água

Albufeira · Central Algarve ·

€450,000

Asking Price (EUR)

7.4%

True Net Yield (Owner, all-in)

5.1%

True Net Yield (Managed, all-in)

11.3%

True Gross Yield

47%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 14% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €59,291/yr
Average Daily Rate: €347
Payback Period: 9.3 years
5-yr Capital Value: €591,293
10-yr Capital Value: €719,399
Brixfox Score: 73.2 / 100
Comparable Properties: 32
Data Confidence: 90%
Search Radius: 2 km

True Investment Cost

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

€522,945

+16.2% over asking

Asking price€450,000
IMT — Property transfer tax (investment schedule)€23,830
IS — Stamp duty (0.8%)€3,600
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,750
Total acquisition costs€35,430
Renovation (est. €55/m² × 133 m²)
Light touch-ups — paint, fixtures, deep clean.		€7,315
(€3,990–€10,640)
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)€522,945

Gross yield (asking price)

13.2%

True gross yield (all-in)

11.3%

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: 2
Building: 133 m²
Style: portuguese-traditional
Condition: good
Year Built: 2003
Energy Certificate: E
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AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional portuguese facade tilingbalconies with sea viewtraditional portuguese interior decor

Score Breakdown

ROI
24.22
Visual Appeal
9.4
Ownership Security
13
Location
10.2
Land & Space
4.66
Rental Demand
4.68
Payback Speed
4
STR Suitability
3

Description

Three bedroom flat with sea views for sale in Santa Eulalia, Albufeira. Spacious flat located on the top floor, with a lift, oriented to the east/west. It has three bedrooms, 1 ensuite, two bathrooms, balconies surrounding the apartment, equipped kitchen, and air conditioning in all rooms. It also has two private parki

Location

📍 37.0892°N, 8.2213°W

· Albufeira, Algarve, Portugal

View on Gestalambre - Mediação Imobiliária →Also on Idealista.pt
Idealista.pt
Albufeira / Central Algarve

Penthouse, Santa Eulália, Nn, Santa Eulália, Albufeira, Albufeira e Olhos de Água

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

Grade B+ investment — short-term rental yields 9.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score73
GradeB+
Brixfox Intelligence
73B+Strong
Score Breakdown
ROI & Yield80%
Capital Growth77%
Risk Profile74%
Market Demand73%

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
+14.0%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$111K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
9.1%
$3,696/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
11.0 yr
Rental only

Property details

Year built: 2003
Energy: E
Condition: good

Description

Three bedroom flat with sea views for sale in Santa Eulalia, Albufeira. Spacious flat located on the top floor, with a lift, oriented to the east/west. It has three bedrooms, 1 ensuite, two bathrooms, balconies surrounding the apartment, equipped kitchen, and air conditioning in all rooms. It also has two private parki

Income Breakdown

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Nightly Rate (ADR)
$508/night
50% ($234)Brixfox estimate($508/night)200% ($935)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Yearly income
$44,348
Airbnb data$508/night · 47% occupancy
Rental income
$508/night · 47% occ.
$86,932
Running costs (20%)
Utilities, cleaning, maintenance
-$17,386
Income tax (10%)
Indonesian rental income tax
-$24,341
Property tax
Annual property tax
-$856
Net income
9.1% ROI
$44,348

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$489,130
IMT (transfer tax, investment schedule)$25,902
Imposto de Selo (stamp duty)$3,913
Notary & registration$1,359
Legal / due diligence$7,337
Total acquisition costs$38,511
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$7,951
($4,337–$11,565)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$568,418

Gross yield (asking)

17.8%

True gross yield (all-in)

15.3%

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.

$3.9M$2.9M$2.0M$978K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $450K
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 10: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$547K
+22%
Rental Income
+$217K
Total Position
$764K
+70%
11.2%/yr
Year 10
Capital Value
$666K
+48%
Rental Income
+$468K
Total Position
$1.1M
+152%
9.7%/yr
Year 20
Capital Value
$986K
+119%
Rental Income
+$1.1M
Total Position
$2.1M
+363%
8.0%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$1.9M
Total Position
$3.4M
+656%
7.0%/yr

Location

Albufeira

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.1% annual return
Occupancy
Average
47% average occupancy
Nightly Rate
Strong
$468 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.1% — outperforms most villas in this market
Premium nightly rate of $468 — 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 47% — 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.
7.8%
$3,176/mo
40% occ.
10.4%
$4,259/mo
47% occ.
12.3%
$5,000/mo
current
57% occ.
14.9%
$6,083/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.