T2 flat in Praceta Jornal a Avezinha, Montechoro, Albufeira, Albufeira e Olhos de Água
T2 flat in Praceta Jornal a Avezinha, Montechoro, Albufeira, Albufeira e Olhos de Água — image 2T2 flat in Praceta Jornal a Avezinha, Montechoro, Albufeira, Albufeira e Olhos de Água — image 3T2 flat in Praceta Jornal a Avezinha, Montechoro, Albufeira, Albufeira e Olhos de Água — image 4T2 flat in Praceta Jornal a Avezinha, Montechoro, Albufeira, Albufeira e Olhos de Água — image 5
Grade B+apartmentmid-range

T2 flat in Praceta Jornal a Avezinha, Montechoro, Albufeira, Albufeira e Olhos de Água

Albufeira · Central Algarve ·

€422,500

Asking Price (EUR)

5.0%

True Net Yield (Owner, all-in)

3.5%

True Net Yield (Managed, all-in)

7.8%

True Gross Yield

51%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 17% 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: €38,116/yr
Average Daily Rate: €205
Payback Period: 13.9 years
5-yr Capital Value: €555,159
10-yr Capital Value: €675,435
Brixfox Score: 70.4 / 100
Comparable Properties: 85
Data Confidence: 89%
Search Radius: 2 km

True Investment Cost

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

€491,223

+16.3% over asking

Asking price€422,500
IMT — Property transfer tax (investment schedule)€21,630
IS — Stamp duty (0.8%)€3,380
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,338
Total acquisition costs€32,598
Renovation (est. €55/m² × 205 m²)
Light touch-ups — paint, fixtures, deep clean.		€11,275
(€6,150–€16,400)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€24,850
All-in investment (incl. renovation & furnishing)€491,223

Gross yield (asking price)

9.0%

True gross yield (all-in)

7.8%

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: 205 m²
Style: contemporary
Condition: good
Year Built: 2008
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large private patioopen-plan living/diningwood flooring

Score Breakdown

ROI
18.89
Visual Appeal
11.2
Ownership Security
13
Location
10.2
Land & Space
6
Rental Demand
5.08
Payback Speed
3
STR Suitability
3

Description

Fantastic 2-Bedroom Apartment in Corcovada – One of the Best Condominiums in Albufeira Being on the ground floor means enjoying the best of both worlds. Experience privacy and direct outdoor access — come and go without elevators, receive deliveries with ease, and carry groceries straight into your home. It’s the conve

Location

📍 37.0976°N, 8.2251°W

· Albufeira, Algarve, Portugal

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Idealista.pt
Albufeira / Central Algarve

T2 flat in Praceta Jornal a Avezinha, Montechoro, Albufeira, Albufeira e Olhos de Água

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

Grade B+ investment — short-term rental yields 6.1% net return annually.

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The Investment

Brixfox Score70
GradeB+
Brixfox Intelligence
70B+Strong
Score Breakdown
ROI & Yield77%
Capital Growth74%
Risk Profile72%
Market Demand70%

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
+11.0%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$104K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.1%
$2,319/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
9 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
16.5 yr
Rental only

Property details

Year built: 2008
Energy: C
Condition: good

Description

Fantastic 2-Bedroom Apartment in Corcovada – One of the Best Condominiums in Albufeira Being on the ground floor means enjoying the best of both worlds. Experience privacy and direct outdoor access — come and go without elevators, receive deliveries with ease, and carry groceries straight into your home. It’s the conve

Income Breakdown

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Nightly Rate (ADR)
$297/night
50% ($137)Brixfox estimate($297/night)200% ($546)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$27,827
Airbnb data$297/night · 51% occupancy
Rental income
$297/night · 51% occ.
$55,060
Running costs (20%)
Utilities, cleaning, maintenance
-$11,012
Income tax (10%)
Indonesian rental income tax
-$15,417
Property tax
Annual property tax
-$804
Net income
6.1% ROI
$27,827

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$459,239
IMT (transfer tax, investment schedule)$23,511
Imposto de Selo (stamp duty)$3,674
Notary & registration$1,359
Legal / due diligence$6,889
Total acquisition costs$35,433
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$12,255
($6,685–$17,826)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$27,011
All-in investment$533,938

Gross yield (asking)

12.0%

True gross yield (all-in)

10.3%

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.

$3.0M$2.2M$1.5M$744K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $423K
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 14: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$514K
+22%
Rental Income
+$136K
Total Position
$650K
+54%
9.0%/yr
Year 10
Capital Value
$625K
+48%
Rental Income
+$293K
Total Position
$919K
+117%
8.1%/yr
Year 20
Capital Value
$926K
+119%
Rental Income
+$688K
Total Position
$1.6M
+282%
6.9%/yr
Year 30
Capital Value
$1.4M
+224%
Rental Income
+$1.2M
Total Position
$2.6M
+513%
6.2%/yr

Location

Albufeira

Central 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
6.1% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$273 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 $273 — 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 51% — 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

31% occ.
4.9%
$1,881/mo
41% occ.
6.6%
$2,513/mo
51% occ.
8.2%
$3,145/mo
current
61% occ.
9.9%
$3,777/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.