Penthouse in Rua Fernão de Magalhães, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água
Penthouse in Rua Fernão de Magalhães, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 2Penthouse in Rua Fernão de Magalhães, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 3Penthouse in Rua Fernão de Magalhães, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 4Penthouse in Rua Fernão de Magalhães, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água — image 5
Grade Aapartmentmid-range

Penthouse in Rua Fernão de Magalhães, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água

Albufeira · Central Algarve ·

€480,000

Asking Price (EUR)

9.6%

True Net Yield (Owner, all-in)

6.7%

True Net Yield (Managed, all-in)

14.8%

True Gross Yield

43%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 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: €83,484/yr
Average Daily Rate: €538
-3.0% vs area baselineImage quality 6/10 (-3%), Modern/contemporary style (+12%), No pool (-12%)
Payback Period: 7.2 years
5-yr Capital Value: €630,713
10-yr Capital Value: €767,359
Brixfox Score: 75.3 / 100
Comparable Properties: 10
Data Confidence: 83%
Search Radius: 2 km

True Investment Cost

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

€565,070

+17.7% over asking

Asking price€480,000
IMT — Property transfer tax (investment schedule)€26,230
IS — Stamp duty (0.8%)€3,840
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,200
Total acquisition costs€38,520
Renovation (est. €55/m² × 200 m²)
Light touch-ups — paint, fixtures, deep clean.		€11,000
(€6,000–€16,000)
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€35,550
All-in investment (incl. renovation & furnishing)€565,070

Gross yield (asking price)

17.4%

True gross yield (all-in)

14.8%

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: 4
Bathrooms: 2
Building: 200 m²
Style: contemporary
Condition: good
Energy Certificate: D

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

feature wall in living areamodern floor lamp

Score Breakdown

ROI
25
Visual Appeal
8.8
Ownership Security
13
Location
10.2
Land & Space
6
Rental Demand
4.25
Payback Speed
5
STR Suitability
3

Description

**2+2 Bedroom Penthouse a Few Meters from the Center of Albufeira** We present this incredible 2+2 bedroom penthouse, located just a few minutes' walk from the historic center of Albufeira and the beaches. With a private terrace offering a leisure area, laundry room, and barbecue, this property is the ideal choice for

Location

📍 37.0903°N, 8.2483°W

· Albufeira, Algarve, Portugal

View on Idealista.pt
Idealista.pt
Albufeira / Central Algarve

Penthouse in Rua Fernão de Magalhães, 6, Centro da Cidade, Albufeira, Albufeira e Olhos de Água

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

Grade A investment — short-term rental yields 11.9% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score75
GradeA
Brixfox Intelligence
75AExcellent
Score Breakdown
ROI & Yield83%
Capital Growth79%
Risk Profile76%
Market Demand75%

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
+16.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$118K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
11.9%
$5,154/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
6 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
8.4 yr
Rental only

Property details

Energy: D
Condition: good

Description

**2+2 Bedroom Penthouse a Few Meters from the Center of Albufeira** We present this incredible 2+2 bedroom penthouse, located just a few minutes' walk from the historic center of Albufeira and the beaches. With a private terrace offering a leisure area, laundry room, and barbecue, this property is the ideal choice for

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$778/night
50% ($358)Brixfox estimate($778/night)200% ($1431)
Occupancy
43%
10%Brixfox estimate(43%)100%

Short-Term Rental

Yearly income
$61,853
Airbnb data$778/night · 43% occupancy
Rental income
$778/night · 43% occ.
$120,704
Running costs (20%)
Utilities, cleaning, maintenance
-$24,141
Income tax (10%)
Indonesian rental income tax
-$33,797
Property tax
Annual property tax
-$913
Net income
11.9% ROI
$61,853

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$521,739
IMT (transfer tax, investment schedule)$28,511
Imposto de Selo (stamp duty)$4,174
Notary & registration$1,359
Legal / due diligence$7,826
Total acquisition costs$41,870
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$11,957
($6,522–$17,391)
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$38,641
All-in investment$614,207

Gross yield (asking)

23.1%

True gross yield (all-in)

19.7%

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.

$4.9M$3.7M$2.5M$1.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $480K
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 8: rental income alone has repaid the full purchase price.
2x return
Year 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$584K
+22%
Rental Income
+$302K
Total Position
$886K
+85%
13.0%/yr
Year 10
Capital Value
$711K
+48%
Rental Income
+$652K
Total Position
$1.4M
+184%
11.0%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$1.5M
Total Position
$2.6M
+438%
8.8%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$2.7M
Total Position
$4.3M
+788%
7.6%/yr

Location

Albufeira

Central Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

No nearby Airbnb listings found

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
11.9% annual return
Occupancy
Weak
43% average occupancy
Nightly Rate
Strong
$715 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 11.9% — outperforms most villas in this market
Premium nightly rate of $715 — 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 43% — 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.
11.2%
$4,890/mo
40% occ.
15.1%
$6,546/mo
43% occ.
16.0%
$6,965/mo
current
53% occ.
19.8%
$8,620/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.