Le Corbeau

Tools

Rental Yield Calculator

Gross and net yield estimates for Madeira's 11 municipalities. Short-term AL or long-term rental — real numbers, not marketing fluff.

Based on €127/night ADR × 76.0% occupancy

Median price/m² for Funchal: €3,205/m²

Gross Revenue / yr

€35,230

Gross Yield

14.1%

After tax estimate (Cat. F — under 5 years)€15,089 / yr

Get the net yield breakdown

Management fees, maintenance, insurance, tax — and your real annual return.

AL vs Long-Term

Short-Term (AL)

5–8% gross. Higher gross revenue, higher management effort. License required. Funchal has quota caps.

Long-Term

3–5% gross. Lower gross, less hassle. No AL license. Steady passive income, no license required.

Tax notes

Long-term leases benefit from reduced rates: 25% (under 5yr), 15% (5-10yr), 10% (10-20yr), 5% (20yr+). AL operators typically use the simplified regime (Cat. B). Consult a local tax advisor.

Calheta advantage

No AL quota restrictions — unlike Funchal centro where new licenses are frozen. Best combination of yield and entry price on the island.

Have questions about a specific property?

Know your total acquisition cost first

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