1 / 11 photosEst. net 3.5%Listed 3 days agoEnergy D
T1 · Avenida Almirante Reis, Alameda
58 m²Gross area
1 bedroomPlus living room
1 bathroomRenovated 2022
2nd floorNo lift, 1920s
One-bedroom on the second floor of a 1920s building near Alameda, renovated in 2022. High ceilings, a small balcony at the back and a separate kitchen. Students and young professionals rent here all year.
What it should earn
Long-term let · per year€10,258kept per year · net yield 3.5% (3.1–3.9%) · before income tax
You keep 68%Empty weeksOur managementRunning costs
Rent€1,250/mo, from 27 lets nearby (€1,150–€1,350)€15,000
Empty weeks1 month a year allowed−€1,250
Our management10% of rent collected−€1,500
Property tax (IMI)−€416
Condominium−€500
Insurance and repairs−€1,076
You keep€10,258
What you'll pay
Change the numbersPrice€289,000
Property transfer tax (IMT)Rate for a home you'll let~€10,836
Stamp duty0.8% of the price€2,312
Notary and land registry~€1,000
Properseas feeThe agency pays us, not you€0
Total cost€303,148
Buying as a non-residentYou'll need a tax number (NIF) and a Portuguese bank account first. We set up both, usually in 5 working days.
With a mortgage
Your return, with the equity you build and the value it gainsNon-residents usually need 30% or more. 100% means paying cash.
Our estimate is €1,150–€1,350.
Our assumption, not a forecast. Prices can fall as well as rise.
Total return on your cash, per year
4.5%over 10 years: cash flow, loan paid off and value growth
Cash you put in€111,852
Monthly repayment€993
Year 1
Rent keptAfter costs, before the mortgage€10,258
Mortgage paymentsOn a loan of €218,400−€11,916
Cash flowper month−€1,308
Equity builtLoan you pay off+€4,100
Value increase2.0% of the price+€6,240
Total return, year 18.1% of the cash you put in+€9,032
After 10 years
Before income tax, selling costs and capital gains tax. Rent and running costs are kept flat; only the value grows. Mortgage costs (stamp duty on the loan, valuation, bank fees) are included in the cash you put in.
Home worth€380,000
Loan left€170,000
Your equity€210,000
Total gainEquity plus all cash flow, minus the cash you put in+€85,000
Your money over time
Your equity and the loan, year by year, for the numbers above.- Your equity
- Loan left
- Cash you put in
See it year by year
| Year | Home worth | Loan left | Your equity | Cash flow so far | Total gain |
|---|
What we checked
- Land registry: no debts or charges on the property
- Habitation licence matches the floor plan
- Rent compared with 27 signed leases nearby
- Condominium: no unpaid fees, no major works voted
Building survey is booked after your offer is accepted, and your offer can be conditional on it.
Where it is
€289k
Metro · 3 min walkTécnico university · 8 minAirport · 15 min
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