T2 flat in Rua Ferreira de Castro, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água
T2 flat in Rua Ferreira de Castro, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 2T2 flat in Rua Ferreira de Castro, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 3T2 flat in Rua Ferreira de Castro, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 4T2 flat in Rua Ferreira de Castro, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 5
Grade Capartmentmid-range

T2 flat in Rua Ferreira de Castro, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água

Albufeira · Central Algarve ·

€389,000

Asking Price (EUR)

Net yield — free account

True Net Yield (after-tax, all-in)

2.8%

True Gross Yield

21%

Occupancy

Projected Gross Revenue: €12,421/yr
Average Daily Rate: €162
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has view (+10%)
5-yr Capital Value: €450,958
10-yr Capital Value: €522,783
Brixfox Score: 50.4 / 100
Comparable Properties: 430
Data Confidence: 94%
Search Radius: 2 km

True Investment Cost

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

€442,467

+13.7% over asking

Asking price€389,000
IMT — Property transfer tax (investment schedule)€18,420
IS — Stamp duty (0.8%)€3,112
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,835
Total acquisition costs€28,617
Renovation€0 — move-in ready
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)€442,467

Gross yield (asking price)

3.2%

True gross yield (all-in)

2.8%

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: 1
Building: 83 m²
Style: contemporary
Condition: excellent
Energy Certificate: C
View

AL licence status unconfirmed

No AL licence is on record for this listing. The Algarve has no containment zones, so a new AL registration is normally obtainable — verify with the local câmara municipal before counting on STR income.

Design Features

colorful geometric throw pillowsoval jute rug with colorful accentsteal round coffee tablebalcony with outdoor seating

Score Breakdown

ROI
2.35
Visual Appeal
11.8
Ownership Security
13
Location
10.2
Land & Space
3.66
Rental Demand
2.09
Payback Speed
0
STR Suitability
4

Description

This 2 bedroom apartment located in the center of Albufeira, is ideal for renting, just 250 meters walking distance from one of the best beaches in Albufeira - Praia dos Pescadores! The apartment is located on the 1st floor, accessible only by stairs. It is located near a car park. Good profitability in Local Accommod

Location

📍 37.0886°N, 8.2509°W

Approximate location — mapped to the centre of Albufeira

· Albufeira, Algarve, Portugal

Confirmed on the market today.

Listed via Idealista.pt

Price
€389,000
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T2 flat in Rua Ferreira de Castro, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água

Albufeira · Central Algarve · Ref BF-7841Source · Idealista.pt · listed 16 Apr 2026
Asking price
€389,000
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The page’s own figures, line by line · Every purchase cost and the all-in total · Occupancy and offer-price what-ifs · Portugal ownership, tax and letting rules

Bedrooms
2
Bathrooms
1
Built area
83 m²
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Property details

Energy: C
Condition: excellent

Description

This 2 bedroom apartment located in the center of Albufeira, is ideal for renting, just 250 meters walking distance from one of the best beaches in Albufeira - Praia dos Pescadores! The apartment is located on the 1st floor, accessible only by stairs. It is located near a car park. Good profitability in Local Accommod

Financials

What it earns, what it costs to own, and the net yield

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager's commission, charged on top of the Airbnb/Booking channel fees (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission; the channel fees stay, because the platform is paid whoever manages, and you pay staff/local operations, a higher cleaning residual and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
Gross yield · all-in basis
Before tax in your home country and financing costs. Estimates, not financial advice.
Modelled from Airbnb listings we track across Albufeira — live calendar data.

No Airbnb match on file

We have not confirmed this exact property on Airbnb, so it carries no operating history here. The figures above rest on the comparable set — a launch scenario, not a track record.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR and revenue are the expected BOOKED figures — nearby asking prices corrected by our measured asking-to-booked factor (Portugal's calendar dataset is young, so this is a conservative estimate). Occupancy is the seasonality-adjusted full-year rate. The comp cards below show raw asking prices.
Expected ADR
€162
Expected booked rate (asking prices × measured booked factor)
Expected occupancy
21%
Full-year estimate, market-calibrated
Projected annual revenue
€12,421
ADR × occupancy × 365
Comp data observed in USD · converted at €0.88/$
Seasonal occupancy pattern
Peak Aug +50% · Low Dec -41%
J
F
M
A
M
J
J
A
S
O
N
D
Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
€
Acquisition costs· 7.4% of price, auto-calculated
€28,617
IMT (transfer tax, investment schedule)€18,420
Imposto de Selo (stamp duty)€3,112
Notary & registration€1,250
Legal fees€5,835
Renovation budget· Move-in ready. No renovation budgeted.
€
Furniture & STR launch· default ≈ €12,425/bedroom
€
All-in investment
€442,467
+13.7% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
Gross annual revenue
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Net operating income
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Rental yield + value growth

Your net rental yield plus a yearly rise in the property's market value (land and building) that you choose. Value growth is an assumption, not data — which is why it starts at 0% and is kept out of the yield figures above.
Property value growth per year · your assumption0%
0%4.5% · Albufeira 5-yr avg — historical, not a forecast8%
Yield + value growth
••/yr
••% net yield + 0% value growth
Value growth figures are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.
Want this analysis as an underwriting report (PDF)?

The page’s own figures, line by line · Every purchase cost and the all-in total · Occupancy and offer-price what-ifs · Portugal ownership, tax and letting rules

Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Albufeira · Central Algarve

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Verdict

Score, and what could go wrong

Brixfox Score

50C
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Risk & what-if

ScenarioOccupancyNet income /yrNet yield
Expected21%••••••%
+9 pts occupancy30%••••••%
+10 pts occupancy31%••••••%
+19 pts occupancy40%••••••%

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost · upgrade to Pro to stress-test this yield

TenureFreeholdno lease decay · no amortisation
Payback44 yearsfrom net rent at the expected case
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Property Underwriting Report

PDF report · one-time purchase · this property

  • The page’s own figures, line by line
  • Every purchase cost and the all-in total
  • Occupancy and offer-price what-ifs
  • Portugal ownership, tax and letting rules
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Modelled from live Airbnb calendar data around this property · operating costs per line, editable in the P&L · estimates, not financial advice.Data sources & methodology ›

ROI calculations use Brixfox Intelligence rental data from live Airbnb calendar tracking — the Algarve dataset has been live since March 2026, seasonality-adjusted to a full-year estimate with a conservative calibration while it matures. Operating costs are modelled per line (management, channel fees, cleaning, utilities, IMI, maintenance, insurance). After-tax yields deduct non-resident IRS on AL income under the simplified regime (~8.75% of gross); buyer-side IMT and stamp duty are included in the all-in cost basis. Market factors in Portugal may impact actual yields.