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Detached house in Travessa do Hospital, 3, Odeceixe
Detached house in Travessa do Hospital, 3, Odeceixe — image 2Detached house in Travessa do Hospital, 3, Odeceixe — image 3Detached house in Travessa do Hospital, 3, Odeceixe — image 4Detached house in Travessa do Hospital, 3, Odeceixe — image 5
Grade C+villabudget

Detached house in Travessa do Hospital, 3, Odeceixe

Aljezur · Western Algarve ·

€275,000

Asking Price (EUR)

3.7%

True Net Yield (Owner, all-in)

2.2%

True Net Yield (Managed, all-in)

5.5%

True Gross Yield

37%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.9 months ago and is currently at 24% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.77, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €25,872/yr
Average Daily Rate: €189
-21.0% vs area baselineImage quality 3/10 (-12%), Portuguese-traditional style (+5%), No pool (-12%), Has countryside (+10%), Budget finish (-12%)
Payback Period: 32.9 years
5-yr Capital Value: €318,800
10-yr Capital Value: €369,577
Brixfox Score: 50.9 / 100
Comparable Properties: 7
Data Confidence: 63%
Search Radius: 10 km

True Investment Cost

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

€471,372

+71.4% over asking

Asking price€275,000
IMT — Property transfer tax (investment schedule)€10,247
IS — Stamp duty (0.8%)€2,200
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,125
Total acquisition costs€17,822
Renovation (est. €900/m² × 170 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€153,000
(€119,000–€187,000)
Furnishing & STR launch (4bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€25,550
All-in investment (incl. renovation & furnishing)€471,372

Gross yield (asking price)

9.4%

True gross yield (all-in)

5.5%

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: 4
Bathrooms: 1
Building: 170 m²
Land: 189 m²
Style: portuguese-traditional
Condition: needs-renovation
countryside

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional stone basecobblestone courtyard

Score Breakdown

ROI
11.64
Visual Appeal
3.6
Ownership Security
13
Location
8.4
Land & Space
4.51
Rental Demand
3.75
Payback Speed
2
STR Suitability
4

Description

In the historic heart of Odeceixe, two adjoining urban buildings await a new life. With a total land area of 189 m², located in a Level I urban cluster, this complex offers a rare opportunity for reconstruction and expansion up to 2 floors, in one of the most genuine cores of the Aljezur municipality. The technical re

Location

📍 37.4327°N, 8.7706°W

· Aljezur, Algarve, Portugal

Listed by AlgarvHome Mediação Imobiliária via Idealista.pt
4-bedroom freehold villa in Aljezur — photo 1 of 5
Idealista.pt
4-bedroom freehold villa in Aljezur — photo 2 of 5
4-bedroom freehold villa in Aljezur — photo 3 of 5
4-bedroom freehold villa in Aljezur — photo 4 of 5
4-bedroom freehold villa in Aljezur — photo 5 of 5

Detached house in Travessa do Hospital, 3, Odeceixe

Aljezur · Western Algarve · Ref BF-63816 Source verified · Idealista.pt · listed 3 Jun 2026
Asking price · Freehold
$298,913
Ownership
Freehold
Bedrooms
4
Bathrooms
1
Built area
170 m²
Land
189 m²
True net yield
3.0%
≈ $1,894/mo net after costs & tax
5-yr total return (net + appreciation)
10.2% / yr avg
Payback in ~33 yrs from rent
Brixfox Score 51 · C+

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Aljezur

Western Algarve, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Condition: needs-renovation
View: countryside

Description

In the historic heart of Odeceixe, two adjoining urban buildings await a new life. With a total land area of 189 m², located in a Level I urban cluster, this complex offers a rare opportunity for reconstruction and expansion up to 2 floors, in one of the most genuine cores of the Aljezur municipality. The technical re

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$266/night
50% ($122)Brixfox estimate($266/night)200% ($490)
Occupancy
37%
10%Brixfox estimate(37%)100%

Short-Term Rental

Indicative
Yearly income
$17,523
Likely range $10,514 – $24,532
Airbnb data$266/night · 37% occupancy
Rental income
$266/night · 37% occ.
$33,698
Running costs (20%)
Utilities, cleaning, maintenance
-$6,740
Income tax (10%)
Indonesian rental income tax
-$9,435
Property tax
Annual property tax
-$0
Net income
5.9% ROI
$17,523

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

3.0%

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
6.4%
5.5%
Fully-managed
3.9%
3.0%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

9.4%

Annual Revenue

$33,698

Income Tax / yr

$2,949

Payback

33 yrs

True All-In Cost
Asking price$298,913
IMT — transfer tax (non-resident 7.5%)$22,418
Stamp duty (0.8%)$2,391
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$357,082

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Aljezur.

$1.9M$1.4M$954K$477K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $275K
Capital appreciation
Property value growing at +4%/yr based on Aljezur 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
$335K
+22%
Rental Income
+$86K
Total Position
$420K
+53%
8.8%/yr
Year 10
Capital Value
$407K
+48%
Rental Income
+$185K
Total Position
$592K
+115%
8.0%/yr
Year 20
Capital Value
$603K
+119%
Rental Income
+$433K
Total Position
$1.0M
+277%
6.9%/yr
Year 30
Capital Value
$892K
+224%
Rental Income
+$767K
Total Position
$1.7M
+503%
6.2%/yr
Turnkey Management

Your property, professionally managed

Buying from abroad? You won't lift a finger. A vetted local management partner is already connected to this listing — ready to run it as a short-stay rental from day one, so the Managed projections above are something you can actually rely on.

Vetted by Brixfox 8+ yrs operating 110+ properties managed ~2h guest response

Atlantic Stays Management

Vetted

Alojamento Local management, Lisbon to the Algarve

22%
Management fee
of rental revenue — already in your Managed figures

End-to-end AL management for international owners. We handle the licence, the platforms and the guests so your second home pays for itself.

What the fee covers

  • Listing setup & optimisation (Airbnb, Booking.com, VRBO)
  • Dynamic pricing & revenue management
  • 24/7 multilingual guest communication
  • Guided check-in / check-out & key handling
  • Professional cleaning, laundry & restocking
  • Maintenance & repairs coordination
  • Monthly owner statements & payouts
  • Guest screening & damage protection
  • Alojamento Local (AL) licence handling & renewals
  • SEF/AIMA guest registration & tourist-tax filing
Visit Atlantic Stays Management

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Conversational analysis — questions about this listing, answered from real data.

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.9% annual return
Occupancy
Weak
37% average occupancy
Nightly Rate
Strong
$245 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Average
189 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $245 — 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 37% — 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.
6.8%
$1,700/mo
40% occ.
9.1%
$2,267/mo
37% occ.
8.5%
$2,123/mo
current
47% occ.
10.8%
$2,690/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. Market factors in Portugal may impact actual yields.