Sample reports

What a real Outpost report actually says.

Four anonymised dossiers — one per country. These are summaries of real reports we generated for paying users in 2025-26 (addresses removed, price bands rounded). Each shows the verdict, the key finding, and the watch-outs that changed the buyer's decision.

PTPortugalSlightly above market — AL is frozen here

Cascais — 2-bed apartment

85m² apartment 400m from the seafront. Built 2008. Listed by a Lisbon agency at €585,000.

Listed

€585,000

Fair value

€520,000 – €560,000

True cost

€646,400

Gross yield

3.8%

Effective tax

28% (IRS flat)

Exit forecast

€598k in 5y (+2.5%/yr)

Key finding

AL containment zone — short-term rental upside is zero, and 11% over the realistic comparable median for this 400m radius.

See this report, section by section→
  1. 1Summary

    AL containment zone — short-term rental upside is zero, and 11% over the realistic comparable median for this 400m radius.

  2. 2Price Analysis

    Listed: €585,000 · Fair value: €520,000 – €560,000

  3. 3True Cost Breakdown

    True cost: €646,400

  4. 4Legal & Risk

    Caderneta Predial Urbana shows an unlicensed extension; pre-deed survey essential

  5. 5For You Specifically

    85m² apartment 400m from the seafront. Built 2008. Listed by a Lisbon agency at €585,000.

  6. 6Local Intelligence

    Property sits in a registered AL containment zone; short-term licence is suspended

  7. 7Rental ROI

    Gross yield: 3.8% · Effective tax: 28% (IRS flat)

  8. 8Lifestyle & Practical

    IMI rate is 0.30% (lowest tier)

  9. 9Intent Analysis

    Slightly above market — AL is frozen here

  10. 10Before You Sign
    • Direitos de preferência: building is in a protected zone — neighbours have 60-day pre-emption right
    • Pre-2018 plumbing — budget €8-12k for replacement
ESSpainSignificant tenant + licence risk

Barcelona — Eixample flat

92m² flat in Esquerra de l'Eixample. Currently rented with vulnerable tenant status. Listed at €725,000.

Listed

€725,000

Fair value

€620,000 – €670,000

True cost

€787,400

Gross yield

3.1%

Effective tax

24% (IRNR, gross)

Exit forecast

€735k in 5y (+1.5%/yr)

Key finding

Vulnerable-tenant status under Decree-law 9/2023 means eviction is effectively blocked; PEUAT prohibits any tourist licence in this district.

See this report, section by section→
  1. 1Summary

    Vulnerable-tenant status under Decree-law 9/2023 means eviction is effectively blocked; PEUAT prohibits any tourist licence in this district.

  2. 2Price Analysis

    Listed: €725,000 · Fair value: €620,000 – €670,000

  3. 3True Cost Breakdown

    True cost: €787,400

  4. 4Legal & Risk

    Tenant has 'vulnerable' classification — eviction blocked under Spain's 2023 Housing Law

  5. 5For You Specifically

    92m² flat in Esquerra de l'Eixample. Currently rented with vulnerable tenant status. Listed at €725,000.

  6. 6Local Intelligence

    Beautiful Eixample architecture, true 92m² Carrez-measured

  7. 7Rental ROI

    Gross yield: 3.1% · Effective tax: 24% (IRNR, gross)

  8. 8Lifestyle & Practical

    Madrid-style wealth-tax bonification not available in Catalonia

  9. 9Intent Analysis

    Significant tenant + licence risk

  10. 10Before You Sign
    • PEUAT zone — tourist licence is structurally unavailable
    • Catalan rent control: any future re-let is capped by IRAV index
    • Catastro–Registro discrepancy on the terrace area (8m² unlogged)
FRFranceFairly priced — year-round STR viable

Annecy — lakefront studio

42m² studio with lake view, 800m from old town. DPE rated D. Listed at €395,000.

Listed

€395,000

Fair value

€380,000 – €410,000

True cost

€428,700

Gross yield

4.2%

Effective tax

20% (IR + PS)

Exit forecast

€420k in 5y (+1.5%/yr, taper)

Key finding

DPE D = no rental ban exposure until at least 2034. Annecy is under 200k population — no 120-day STR cap. AirDNA shows 68% occupancy at €185 ADR.

See this report, section by section→
  1. 1Summary

    DPE D = no rental ban exposure until at least 2034. Annecy is under 200k population — no 120-day STR cap. AirDNA shows 68% occupancy at €185 ADR.

  2. 2Price Analysis

    Listed: €395,000 · Fair value: €380,000 – €410,000

  3. 3True Cost Breakdown

    True cost: €428,700

  4. 4Legal & Risk

    Notaire fees baked in at 7.5% — €30k upfront

  5. 5For You Specifically

    42m² studio with lake view, 800m from old town. DPE rated D. Listed at €395,000.

  6. 6Local Intelligence

    DPE D protects against the 2025/2028 G/F rental bans

  7. 7Rental ROI

    Gross yield: 4.2% · Effective tax: 20% (IR + PS)

  8. 8Lifestyle & Practical

    Annecy has no 120-day STR cap (population under 200k)

  9. 9Intent Analysis

    Fairly priced — year-round STR viable

  10. 10Before You Sign
    • Copropriété charges €56/m²/yr — Paris-tier, lift + concierge
    • LMNP régime tightening from 2026 — amortisation rules in flux
    • EU forced heirship applies unless will explicitly elects nationality law
GBUnited KingdomStrong yield — verify SDLT impact

Manchester — M14 terraced HMO

Three-storey terraced house, currently a 5-bed licensed HMO, 600m from University of Manchester. Listed at £285,000.

Listed

£285,000

Fair value

£270,000 – £290,000

True cost

£317,800

Gross yield

5.1%

Effective tax

20% (NRL)

Exit forecast

£300k in 5y (+1.0%/yr)

Key finding

Gross 7.8% yield on M14 student-let economics. Existing 5-bed HMO licence transfers on completion. Non-resident SDLT surcharge adds £5,700.

See this report, section by section→
  1. 1Summary

    Gross 7.8% yield on M14 student-let economics. Existing 5-bed HMO licence transfers on completion. Non-resident SDLT surcharge adds £5,700.

  2. 2Price Analysis

    Listed: £285,000 · Fair value: £270,000 – £290,000

  3. 3True Cost Breakdown

    True cost: £317,800

  4. 4Legal & Risk

    Non-resident SDLT surcharge: 2% adds £5,700 to a standard purchase

  5. 5For You Specifically

    Three-storey terraced house, currently a 5-bed licensed HMO, 600m from University of Manchester. Listed at £285,000.

  6. 6Local Intelligence

    HMO licence valid until 2027, transfers cleanly with sale

  7. 7Rental ROI

    Gross yield: 5.1% · Effective tax: 20% (NRL)

  8. 8Lifestyle & Practical

    EPC C — meets the proposed 2028 minimum for new tenancies

  9. 9Intent Analysis

    Strong yield — verify SDLT impact

  10. 10Before You Sign
    • Article 4 direction: cannot convert other M14 stock to HMO without planning
    • Subsidence risk on M14 clay soil — full structural survey advised
    • 5 unrelated tenants requires Manchester City Council HMO licence renewal in Sep 2027

Inside every dossier — 11 sections

The same depth, on any property you run. Each $49 dossier covers all of these:

1Summary
2Price Analysis
3True Cost Breakdown
4Legal & Risk
5For You Specifically
6Local Intelligence
7Rental ROI
8Lifestyle & Practical
9Intent Analysis
10Before You Sign
11Solicitor

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