Semi-detached house in Odeceixe, Aljezur
Aljezur · Western Algarve ·
€198,000
Asking Price (EUR)
5.2%
True Net Yield (Owner, all-in)
3.6%
True Net Yield (Managed, all-in)
8.0%
True Gross Yield
40%
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.
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)
11.1%
True gross yield (all-in)
8.0%
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
Score Breakdown
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