T3 flat in Odeceixe, Aljezur
T3 flat in Odeceixe, Aljezur — image 2T3 flat in Odeceixe, Aljezur — image 3T3 flat in Odeceixe, Aljezur — image 4T3 flat in Odeceixe, Aljezur — image 5
Grade Bapartmentmid-range

T3 flat in Odeceixe, Aljezur

Aljezur · Western Algarve ·

€335,000

Asking Price (EUR)

4.1%

True Net Yield (Owner, all-in)

2.9%

True Net Yield (Managed, all-in)

6.4%

True Gross Yield

32%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 14% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €25,315/yr
Average Daily Rate: 219
Payback Period: 16.3 years
5-yr Capital Value: €440,185
10-yr Capital Value: €535,552
Brixfox Score: 61.8 / 100
Comparable Properties: 5
Data Confidence: 58%
Search Radius: 6 km

True Investment Cost

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

€397,255

+18.6% over asking

Asking price€335,000
IMT — Property transfer tax (investment schedule)€14,630
IS — Stamp duty (0.8%)€2,680
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,025
Total acquisition costs€23,585
Renovation (est. €55/m² × 154)
Light touch-ups — paint, fixtures, deep clean.
€8,470
(€4,620€12,320)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€30,200
All-in investment (incl. renovation & furnishing)€397,255

Gross yield (asking price)

7.6%

True gross yield (all-in)

6.4%

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: 3
Bathrooms: 2
Building: 154
Style: contemporary
Condition: good
Year Built: 2007
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

balconiesriver_valley_views

Score Breakdown

ROI
17.19
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
5.08
Rental Demand
3.17
Payback Speed
2
STR Suitability
3

Description

Unique Opportunity: 3+1 Bedroom Apartment in Private Condominium – 3km from Odeceixe Beach Discover the perfect refuge for your family! This magnificent 3+1 bedroom apartment, located in a private condominium, offers a privileged location providing the ideal balance between comfort, tranquility, and proximity to natur

Location

📍 37.4325°N, 8.7746°W

· Aljezur, Algarve, Portugal

Idealista.pt
Aljezur / Western Algarve

T3 flat in Odeceixe, Aljezur

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

Grade B investment — short-term rental yields 5.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score62
GradeB
Brixfox Intelligence
62BStrong
Score Breakdown
ROI & Yield68%
Capital Growth65%
Risk Profile64%
Market Demand62%

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
+9.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$73K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.1%
$1,551/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
19.6 yr
Rental only

Property details

Year built: 2007
Energy: C
Condition: good

Description

Unique Opportunity: 3+1 Bedroom Apartment in Private Condominium – 3km from Odeceixe Beach Discover the perfect refuge for your family! This magnificent 3+1 bedroom apartment, located in a private condominium, offers a privileged location providing the ideal balance between comfort, tranquility, and proximity to natur

Income Breakdown

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Nightly Rate (ADR)
$320/night
50% ($147)Brixfox estimate($320/night)200% ($589)
Occupancy
32%
10%Brixfox estimate(32%)100%

Short-Term Rental

Yearly income
$18,616
Airbnb data$320/night · 32% occupancy
Rental income
$320/night · 32% occ.
$37,026
Running costs (20%)
Utilities, cleaning, maintenance
-$7,405
Income tax (10%)
Indonesian rental income tax
-$10,367
Property tax
Annual property tax
-$637
Net income
5.1% ROI
$18,616

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$364,130
IMT (transfer tax, investment schedule)$15,902
Imposto de Selo (stamp duty)$2,913
Notary & registration$1,359
Legal / due diligence$5,462
Total acquisition costs$25,636
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.
$9,207
($5,022$13,391)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.
$32,826
All-in investment$431,799

Gross yield (asking)

10.2%

True gross yield (all-in)

8.6%

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 Aljezur.

$2.2M$1.6M$1.1M$547K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $335K
Capital appreciation
Property value growing at +4%/yr based on Aljezur 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 16: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$408K
+22%
Rental Income
+$91K
Total Position
$499K
+49%
8.3%/yr
Year 10
Capital Value
$496K
+48%
Rental Income
+$196K
Total Position
$692K
+107%
7.5%/yr
Year 20
Capital Value
$734K
+119%
Rental Income
+$460K
Total Position
$1.2M
+256%
6.6%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$815K
Total Position
$1.9M
+468%
6.0%/yr

Location

Aljezur

Western Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.1% annual return
Occupancy
Weak
32% average occupancy
Nightly Rate
Strong
$295 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $295 — 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 32% — 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.
6.6%
$1,993/mo
40% occ.
8.8%
$2,675/mo
32% occ.
6.9%
$2,107/mo
current
42% occ.
9.2%
$2,789/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.