T3 flat in Rua Joaquim Magalhães, 9, Vale Pedras, Albufeira, Albufeira e Olhos de Água
T3 flat in Rua Joaquim Magalhães, 9, Vale Pedras, Albufeira, Albufeira e Olhos de Água — image 2T3 flat in Rua Joaquim Magalhães, 9, Vale Pedras, Albufeira, Albufeira e Olhos de Água — image 3T3 flat in Rua Joaquim Magalhães, 9, Vale Pedras, Albufeira, Albufeira e Olhos de Água — image 4T3 flat in Rua Joaquim Magalhães, 9, Vale Pedras, Albufeira, Albufeira e Olhos de Água — image 5
Grade Aapartmentluxury

T3 flat in Rua Joaquim Magalhães, 9, Vale Pedras, Albufeira, Albufeira e Olhos de Água

Albufeira · Central Algarve ·

€699,000

Asking Price (EUR)

6.9%

True Net Yield (Owner, all-in)

4.8%

True Net Yield (Managed, all-in)

10.6%

True Gross Yield

53%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2 months ago and is currently at 17% 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: €85,254/yr
Average Daily Rate: 442
+24.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%), Luxury finish (+8%)
Payback Period: 10.2 years
5-yr Capital Value: €918,476
10-yr Capital Value: €1.1M
Brixfox Score: 79.3 / 100
Comparable Properties: 49
Data Confidence: 92%
Search Radius: 2 km

True Investment Cost

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

€807,067

+15.5% 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€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€48,800
All-in investment (incl. renovation & furnishing)€807,067

Gross yield (asking price)

12.2%

True gross yield (all-in)

10.6%

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: 256
Style: modern
Condition: new-build
Year Built: 2021
Energy Certificate: A
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

expansive private terraceintegrated outdoor BBQ areafloor-to-ceiling sliding glass doorsopen-plan living with modern kitchen island

Score Breakdown

ROI
22.83
Visual Appeal
15
Ownership Security
13
Location
10.2
Land & Space
6
Rental Demand
5.29
Payback Speed
4
STR Suitability
3

Description

Discover this ground-floor 3-bedroom apartment, set within an exclusive private condo with a contemporary design: ALBUFEIRA GREEN APARTMENTS. This apartment stands out for its large private terrace, facing the condo's garden, and its bay windows, which maximise natural light in every room. The social area comprises a

Location

📍 37.0998°N, 8.2341°W

· Albufeira, Algarve, Portugal

Idealista.pt
Albufeira / Central Algarve

T3 flat in Rua Joaquim Magalhães, 9, Vale Pedras, Albufeira, Albufeira e Olhos de Água

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

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

Go to Source via Idealista.pt

The Investment

Brixfox Score79
GradeA
Brixfox Intelligence
79AExcellent
Score Breakdown
ROI & Yield87%
Capital Growth83%
Risk Profile80%
Market Demand79%

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%
+$172K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.3%
$5,239/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

Year built: 2021
Energy: A
Condition: new-build

Description

Discover this ground-floor 3-bedroom apartment, set within an exclusive private condo with a contemporary design: ALBUFEIRA GREEN APARTMENTS. This apartment stands out for its large private terrace, facing the condo's garden, and its bay windows, which maximise natural light in every room. The social area comprises a

Income Breakdown

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Nightly Rate (ADR)
$640/night
50% ($294)Brixfox estimate($640/night)200% ($1177)
Occupancy
53%
10%Brixfox estimate(53%)100%

Short-Term Rental

Yearly income
$62,871
Airbnb data$640/night · 53% occupancy
Rental income
$640/night · 53% occ.
$123,462
Running costs (20%)
Utilities, cleaning, maintenance
-$24,692
Income tax (10%)
Indonesian rental income tax
-$34,569
Property tax
Annual property tax
-$1,330
Net income
8.3% ROI
$62,871

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$759,783
IMT (transfer tax, investment schedule)$45,587
Imposto de Selo (stamp duty)$6,078
Notary & registration$1,359
Legal / due diligence$11,397
Total acquisition costs$64,421
RenovationMove-in ready
Furnishing & STR launch
3bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.
$53,043
All-in investment$877,247

Gross yield (asking)

16.2%

True gross yield (all-in)

14.1%

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.

$5.8M$4.3M$2.9M$1.4M$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 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
$850K
+22%
Rental Income
+$307K
Total Position
$1.2M
+66%
10.6%/yr
Year 10
Capital Value
$1.0M
+48%
Rental Income
+$663K
Total Position
$1.7M
+143%
9.3%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$1.6M
Total Position
$3.1M
+341%
7.7%/yr
Year 30
Capital Value
$2.3M
+224%
Rental Income
+$2.8M
Total Position
$5.0M
+618%
6.8%/yr

Location

Albufeira

Central Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
8.3% annual return
Occupancy
Average
53% average occupancy
Nightly Rate
Strong
$588 per night
Visual Appeal
Strong
8/10 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 $588 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 53% — 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

33% occ.
6.9%
$4,368/mo
43% occ.
9.0%
$5,729/mo
53% occ.
11.2%
$7,091/mo
current
63% occ.
13.4%
$8,453/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.