T2 flat in Rua da Ladeira, 19, Aljezur
T2 flat in Rua da Ladeira, 19, Aljezur — image 2T2 flat in Rua da Ladeira, 19, Aljezur — image 3T2 flat in Rua da Ladeira, 19, Aljezur — image 4T2 flat in Rua da Ladeira, 19, Aljezur — image 5
Grade C+apartmentbudget

T2 flat in Rua da Ladeira, 19, Aljezur

Aljezur · Western Algarve ·

€385,000

Asking Price (EUR)

Net yield — free account

True Net Yield (after-tax, all-in)

0.9%

True Gross Yield

31%

Occupancy

Projected Gross Revenue: €13,276/yr
Average Daily Rate: €117
-3.0% vs area baselineImage quality 5/10 (-6%), Portuguese-traditional style (+5%), No pool (nearby rentals also without pools) (0%), Has view (+10%), Budget finish (-12%)
5-yr Capital Value: €446,321
10-yr Capital Value: €517,408
Brixfox Score: 55 / 100
Comparable Properties: 14
Data Confidence: 70%
Search Radius: 4 km

True Investment Cost

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

€1.4M

+273.1% over asking

Asking price€385,000
IMT — Property transfer tax (investment schedule)€18,100
IS — Stamp duty (0.8%)€3,080
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,775
Total acquisition costs€28,205
Renovation (est. €900/m² × 1118 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.
€1.0M
(€782,600–€1.2M)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€16,850
All-in investment (incl. renovation & furnishing)€1.4M

Gross yield (asking price)

3.5%

True gross yield (all-in)

0.9%

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: 2
Building: 1118 m²
Land: 1118 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 2007
Energy Certificate: In process
View

AL licence status unconfirmed

No AL licence is on record for this listing. The Algarve has no containment zones, so a new AL registration is normally obtainable — verify with the local câmara municipal before counting on STR income.

Design Features

exposed wooden beams

Score Breakdown

ROI
3.73
Visual Appeal
7.4
Ownership Security
13
Location
8.4
Land & Space
9.33
Rental Demand
3.1
Payback Speed
0
STR Suitability
4

Description

OPPORTUNITY | MODERN REFURBISHED T2 APARTMENTS IN HISTORIC CENTER OF ALJEZUR FOR SALE - ALJEZUR The LiveAlgarve Team presents a limited collection of 3 refurbished two-bedroom apartments in the historic center of Aljezur. This project balances modern living standards with the town’s architectural heritage, appealing t

Location

📍 37.3176°N, 8.8036°W

Approximate location — mapped to the centre of Aljezur

· Aljezur, Algarve, Portugal

Confirmed on the market yesterday.

Listed by LiveAlgarve Realty via Idealista.pt

Price
€385,000
ReportInquire
2-bedroom freehold apartment in Aljezur — photo 1 of 5
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T2 flat in Rua da Ladeira, 19, Aljezur

Aljezur · Western Algarve · Ref BF-40Source · LiveAlgarve Realty · listed 16 Apr 2026
Asking price
€385,000
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The page’s own figures, line by line · Every purchase cost and the all-in total · Occupancy and offer-price what-ifs · Portugal ownership, tax and letting rules

Bedrooms
2
Bathrooms
2
Built area
1118 m²
Land
1118 m²
Brixfox Score 55 · C+Financial analysis ↓

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Property details

Year built: 2007
Energy: In process
Condition: needs-renovation

Description

OPPORTUNITY | MODERN REFURBISHED T2 APARTMENTS IN HISTORIC CENTER OF ALJEZUR FOR SALE - ALJEZUR The LiveAlgarve Team presents a limited collection of 3 refurbished two-bedroom apartments in the historic center of Aljezur. This project balances modern living standards with the town’s architectural heritage, appealing t

Financials

What it earns, what it costs to own, and the net yield

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager's commission, charged on top of the Airbnb/Booking channel fees (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission; the channel fees stay, because the platform is paid whoever manages, and you pay staff/local operations, a higher cleaning residual and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
Gross yield · all-in basis
Before tax in your home country and financing costs. Estimates, not financial advice.
Modelled from Airbnb listings we track across Aljezur — live calendar data.

No Airbnb match on file

We have not confirmed this exact property on Airbnb, so it carries no operating history here. The figures above rest on the comparable set — a launch scenario, not a track record.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR and revenue are the expected BOOKED figures — nearby asking prices corrected by our measured asking-to-booked factor (Portugal's calendar dataset is young, so this is a conservative estimate). Occupancy is the seasonality-adjusted full-year rate. The comp cards below show raw asking prices.
Expected ADR
€117
Expected booked rate (asking prices × measured booked factor)
Expected occupancy
31%
Full-year estimate, market-calibrated
Projected annual revenue
€13,276
ADR × occupancy × 365
Comp data observed in USD · converted at €0.88/$
Seasonal occupancy pattern
Peak Aug +50% · Low Dec -41%
J
F
M
A
M
J
J
A
S
O
N
D
Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
€
Acquisition costs· 7.3% of price, auto-calculated
€28,205
IMT (transfer tax, investment schedule)€18,100
Imposto de Selo (stamp duty)€3,080
Notary & registration€1,250
Legal fees€5,775
Renovation budget· Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.
€
Furniture & STR launch· default ≈ €8,425/bedroom
€
All-in investment
€1,436,255
+273.1% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
Gross annual revenue
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Lodging / tourist tax
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Maintenance reserve
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Annual property tax
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Local income tax
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Net operating income
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Net yield on all-in investment
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Rental yield + value growth

Your net rental yield plus a yearly rise in the property's market value (land and building) that you choose. Value growth is an assumption, not data — which is why it starts at 0% and is kept out of the yield figures above.
Property value growth per year · your assumption0%
0%4% · Aljezur 5-yr avg — historical, not a forecast8%
Yield + value growth
••/yr
••% net yield + 0% value growth
Value growth figures are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.
Want this analysis as an underwriting report (PDF)?

The page’s own figures, line by line · Every purchase cost and the all-in total · Occupancy and offer-price what-ifs · Portugal ownership, tax and letting rules

Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Aljezur · Western Algarve

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Verdict

Score, and what could go wrong

Brixfox Score

55C
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Risk & what-if

ScenarioOccupancyNet income /yrNet yield
-1 pts occupancy30%••••••%
Expected31%••••••%
+9 pts occupancy40%••••••%
+10 pts occupancy41%••••••%

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost · upgrade to Pro to stress-test this yield

TenureFreeholdno lease decay · no amortisation
Payback40.7 yearsfrom net rent at the expected case
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Property Underwriting Report

PDF report · one-time purchase · this property

  • The page’s own figures, line by line
  • Every purchase cost and the all-in total
  • Occupancy and offer-price what-ifs
  • Portugal ownership, tax and letting rules
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Modelled from live Airbnb calendar data around this property · operating costs per line, editable in the P&L · estimates, not financial advice.Data sources & methodology ›

ROI calculations use Brixfox Intelligence rental data from live Airbnb calendar tracking — the Algarve dataset has been live since March 2026, seasonality-adjusted to a full-year estimate with a conservative calibration while it matures. Operating costs are modelled per line (management, channel fees, cleaning, utilities, IMI, maintenance, insurance). After-tax yields deduct non-resident IRS on AL income under the simplified regime (~8.75% of gross); buyer-side IMT and stamp duty are included in the all-in cost basis. Market factors in Portugal may impact actual yields.