T2 flat in Rua Vasco da Gama, 15, Praia da Oura - Areias de S. João, Albufeira, Albufeira e Olhos de Água
T2 flat in Rua Vasco da Gama, 15, Praia da Oura - Areias de S. João, Albufeira, Albufeira e Olhos de Água — image 2T2 flat in Rua Vasco da Gama, 15, Praia da Oura - Areias de S. João, Albufeira, Albufeira e Olhos de Água — image 3T2 flat in Rua Vasco da Gama, 15, Praia da Oura - Areias de S. João, Albufeira, Albufeira e Olhos de Água — image 4T2 flat in Rua Vasco da Gama, 15, Praia da Oura - Areias de S. João, Albufeira, Albufeira e Olhos de Água — image 5
Grade B+apartmentmid-range

T2 flat in Rua Vasco da Gama, 15, Praia da Oura - Areias de S. João, Albufeira, Albufeira e Olhos de Água

Albufeira · Central Algarve ·

€429,000

Asking Price (EUR)

6.1%

True Net Yield (Owner, all-in)

4.2%

True Net Yield (Managed, all-in)

9.4%

True Gross Yield

43%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.8 months ago and is currently at 15% 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: €46,911/yr
Average Daily Rate: €299
+15.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%)
Payback Period: 11.3 years
5-yr Capital Value: €563,700
10-yr Capital Value: €685,827
Brixfox Score: 73.4 / 100
Comparable Properties: 94
Data Confidence: 94%
Search Radius: 2 km

True Investment Cost

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

€497,592

+16.0% over asking

Asking price€429,000
IMT — Property transfer tax (investment schedule)€22,150
IS — Stamp duty (0.8%)€3,432
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,435
Total acquisition costs€33,267
Renovation (est. €55/m² × 145 m²)
Light touch-ups — paint, fixtures, deep clean.		€7,975
(€4,350–€11,600)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€27,350
All-in investment (incl. renovation & furnishing)€497,592

Gross yield (asking price)

10.9%

True gross yield (all-in)

9.4%

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: 2
Bathrooms: 2
Building: 145 m²
Style: contemporary
Condition: good
Year Built: 2006
Energy Certificate: E
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

curved balconieslarge communal pool

Score Breakdown

ROI
21.37
Visual Appeal
12.6
Ownership Security
13
Location
10.2
Land & Space
4.9
Rental Demand
4.3
Payback Speed
4
STR Suitability
3

Description

An excellent opportunity, whether for permanent living, vacations, or a high-yield investment. Renovated two-bedroom apartment (1+1 bedroom), located in a private condominium with a pool and garden, elevator, and garage, located in Albufeira near Oura Beach. A modern condominium offering comfort and security. This ap

Location

📍 37.0873°N, 8.2299°W

· Albufeira, Algarve, Portugal

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Idealista.pt
Albufeira / Central Algarve

T2 flat in Rua Vasco da Gama, 15, Praia da Oura - Areias de S. João, Albufeira, Albufeira e Olhos de Água

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

Grade B+ investment — short-term rental yields 7.5% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score73
GradeB+
Brixfox Intelligence
73B+Strong
Score Breakdown
ROI & Yield80%
Capital Growth77%
Risk Profile74%
Market Demand73%

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
+12.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$106K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.5%
$2,897/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
13.4 yr
Rental only

Property details

Year built: 2006
Energy: E
Condition: good

Description

An excellent opportunity, whether for permanent living, vacations, or a high-yield investment. Renovated two-bedroom apartment (1+1 bedroom), located in a private condominium with a pool and garden, elevator, and garage, located in Albufeira near Oura Beach. A modern condominium offering comfort and security. This ap

Income Breakdown

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Nightly Rate (ADR)
$436/night
50% ($201)Brixfox estimate($436/night)200% ($803)
Occupancy
43%
10%Brixfox estimate(43%)100%

Short-Term Rental

Yearly income
$34,762
Airbnb data$436/night · 43% occupancy
Rental income
$436/night · 43% occ.
$68,420
Running costs (20%)
Utilities, cleaning, maintenance
-$13,684
Income tax (10%)
Indonesian rental income tax
-$19,157
Property tax
Annual property tax
-$816
Net income
7.5% ROI
$34,762

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$466,304
IMT (transfer tax, investment schedule)$24,076
Imposto de Selo (stamp duty)$3,730
Notary & registration$1,359
Legal / due diligence$6,995
Total acquisition costs$36,160
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$8,668
($4,728–$12,609)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$29,728
All-in investment$540,861

Gross yield (asking)

14.7%

True gross yield (all-in)

12.7%

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 Albufeira.

$3.3M$2.5M$1.7M$837K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $429K
Capital appreciation
Property value growing at +4%/yr based on Albufeira 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
$522K
+22%
Rental Income
+$170K
Total Position
$692K
+61%
10.0%/yr
Year 10
Capital Value
$635K
+48%
Rental Income
+$367K
Total Position
$1.0M
+133%
8.8%/yr
Year 20
Capital Value
$940K
+119%
Rental Income
+$859K
Total Position
$1.8M
+319%
7.4%/yr
Year 30
Capital Value
$1.4M
+224%
Rental Income
+$1.5M
Total Position
$2.9M
+579%
6.6%/yr

Location

Albufeira

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.5% annual return
Occupancy
Weak
43% average occupancy
Nightly Rate
Strong
$401 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $401 — 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 43% — 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.
7.0%
$2,719/mo
40% occ.
9.4%
$3,648/mo
43% occ.
10.1%
$3,923/mo
current
53% occ.
12.5%
$4,852/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.