Terraced house in Rua Nova, 30, Odeceixe, Aljezur
Aljezur · Western Algarve ·
€298,000
Asking Price (EUR)
4.0%
True Net Yield (Owner, all-in)
2.8%
True Net Yield (Managed, all-in)
6.1%
True Gross Yield
42%
Occupancy
Projections — conservative (data maturing)
Our Airbnb calendar dataset started 0.9 months ago and is currently at 7% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.72, occupancy cap 66%) that auto-fades to full fidelity by April 2027.
-7.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€348,111
+16.8% over asking
| Asking price | €298,000 |
| IMT — Property transfer tax (investment schedule) | €11,857 |
| IS — Stamp duty (0.8%) | €2,384 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €4,470 |
| Total acquisition costs | €19,961 |
| Renovation (est. €55/m² × 60 m²) Light touch-ups — paint, fixtures, deep clean. | €3,300 (€1,800–€4,800) |
| Furnishing & STR launch (2bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €26,850 |
| All-in investment (incl. renovation & furnishing) | €348,111 |
Gross yield (asking price)
7.2%
True gross yield (all-in)
6.1%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
Score Breakdown
Description
I present to you this excellent opportunity in the heart of Odeceixe, one of the most picturesque villages on the Vicentine Coast. Single-story T2 house, located in the center of the village, with an area of 60 m², ideal for both own housing and investment. The house is in excellent condition and has undergone severa
Location
📍 37.4322°N, 8.7702°W
· Aljezur, Algarve, Portugal