Calculate Rental Yields for Lisbon Properties

Gross yield = (Annual rental income ÷ Property value) × 100. Net yield = ((Annual rental income - Annual expenses) ÷ Property value) × 100. Actual net yield accounts for vacancy periods. Our calculator handles all the complex calculations for you automatically.

Include property tax (IMI), insurance, maintenance, management fees, utilities, and vacancy periods. Don't forget one-time costs like furnishing, marketing, and legal fees. The calculator includes all Portuguese-specific costs: IMI (0.3%), maintenance (1%), management (8%), vacancy (5%), and condominium fees (€80/month default).

Vacancy rate directly impacts your actual income. A 5% vacancy rate means you lose 5% of potential rental income. Always factor in realistic vacancy periods for accurate yield calculations. Long-term rentals in Lisbon typically achieve 90-95% occupancy, while short-term (Alojamento Local) may see 10-20% vacancy in off-season months.

Net yield is more important as it reflects your actual return after expenses. However, gross yield is useful for quick property comparisons, while net yield shows true profitability. The calculator shows both, plus actual net yield adjusted for vacancy periods.

Short-term rentals (Alojamento Local) can achieve 6-10% gross yield in prime tourist areas but have higher management fees (20-25%), seasonal variations, and regulatory requirements. Long-term rentals offer 3-5% gross yield with lower management fees (8-10%) and more stable income. The calculator helps you compare both strategies.