Semi-detached house in Odeceixe, Aljezur
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Grade B+villabudget

Semi-detached house in Odeceixe, Aljezur

Aljezur · Western Algarve ·

€198,000

Asking Price (EUR)

5.4%

True Net Yield (Owner, all-in)

3.7%

True Net Yield (Managed, all-in)

8.3%

True Gross Yield

40%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.9 months ago and is currently at 16% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.75, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €22,645/yr
Average Daily Rate: €154
Payback Period: 10.8 years
5-yr Capital Value: €260,169
10-yr Capital Value: €316,535
Brixfox Score: 68.3 / 100
Comparable Properties: 3
Data Confidence: 71%
Search Radius: 3 km

True Investment Cost

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

€272,511

+37.6% over asking

Asking price€198,000
IMT — Property transfer tax (investment schedule)€4,857
IS — Stamp duty (0.8%)€1,584
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,970
Total acquisition costs€10,661
Renovation (est. €900/m² × 50 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€45,000
(€35,000–€55,000)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€18,850
All-in investment (incl. renovation & furnishing)€272,511

Gross yield (asking price)

11.4%

True gross yield (all-in)

8.3%

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: 2
Bathrooms: 1
Building: 50 m²
Land: 91 m²
Style: portuguese-traditional
Condition: needs-renovation
Energy Certificate: Exempt
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
21.97
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
3.88
Rental Demand
4.03
Payback Speed
4
STR Suitability
3

Description

We present this 2-bedroom villa with enormous renovation potential, located in the village of Odeceixe, in the municipality of Aljezur, in the heart of the Costa Vicentina. With a privileged location in one of the Algarve's most sought-after regions, this property offers an excellent opportunity for those looking to cr

Location

📍 37.4323°N, 8.7729°W

· Aljezur, Algarve, Portugal

View on ERA Aljezur →Also on Idealista.pt
Idealista.pt
Aljezur / Western Algarve

Semi-detached house in Odeceixe, Aljezur

Inventory
2 Beds
Bathrooms
1 Baths
Built Area
50 m²
Land Plot
91 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 7.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score68
GradeB+
Brixfox Intelligence
68B+Strong
Score Breakdown
ROI & Yield75%
Capital Growth71%
Risk Profile70%
Market Demand68%

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
+12.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$43K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.8%
$1,397/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
12.8 yr
Rental only

Property details

Energy: Exempt
Condition: needs-renovation

Description

We present this 2-bedroom villa with enormous renovation potential, located in the village of Odeceixe, in the municipality of Aljezur, in the heart of the Costa Vicentina. With a privileged location in one of the Algarve's most sought-after regions, this property offers an excellent opportunity for those looking to cr

Income Breakdown

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Nightly Rate (ADR)
$224/night
50% ($103)Brixfox estimate($224/night)200% ($412)
Occupancy
40%
10%Brixfox estimate(40%)100%

Short-Term Rental

Yearly income
$16,761
Airbnb data$224/night · 40% occupancy
Rental income
$224/night · 40% occ.
$32,957
Running costs (20%)
Utilities, cleaning, maintenance
-$6,591
Income tax (10%)
Indonesian rental income tax
-$9,228
Property tax
Annual property tax
-$377
Net income
7.8% ROI
$16,761

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$215,217
IMT (transfer tax, investment schedule)$5,279
Imposto de Selo (stamp duty)$1,722
Notary & registration$1,359
Legal / due diligence$3,228
Total acquisition costs$11,588
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$48,913
($38,043–$59,783)
Furnishing & STR launch
2bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$18,315
All-in investment$294,034

Gross yield (asking)

15.3%

True gross yield (all-in)

11.2%

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.

$1.6M$1.2M$791K$396K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $198K
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 12: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$241K
+22%
Rental Income
+$82K
Total Position
$323K
+63%
10.3%/yr
Year 10
Capital Value
$293K
+48%
Rental Income
+$177K
Total Position
$470K
+137%
9.0%/yr
Year 20
Capital Value
$434K
+119%
Rental Income
+$414K
Total Position
$848K
+328%
7.5%/yr
Year 30
Capital Value
$642K
+224%
Rental Income
+$734K
Total Position
$1.4M
+595%
6.7%/yr

Location

Aljezur

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.8% annual return
Occupancy
Weak
40% average occupancy
Nightly Rate
Strong
$206 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Weak
91 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $206 — 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 40% — 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.
7.8%
$1,400/mo
40% occ.
10.5%
$1,878/mo
current
40% occ.
10.5%
$1,891/mo
current
50% occ.
13.2%
$2,368/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.