Launch offer — 3 months free free, no card

Terraced house, Urbanização Pinheiros Marim, 12 a, Quinta das Âncoras - Pinheiros de Marim, Quelfes
Terraced house, Urbanização Pinheiros Marim, 12 a, Quinta das Âncoras - Pinheiros de Marim, Quelfes — image 2Terraced house, Urbanização Pinheiros Marim, 12 a, Quinta das Âncoras - Pinheiros de Marim, Quelfes — image 3Terraced house, Urbanização Pinheiros Marim, 12 a, Quinta das Âncoras - Pinheiros de Marim, Quelfes — image 4Terraced house, Urbanização Pinheiros Marim, 12 a, Quinta das Âncoras - Pinheiros de Marim, Quelfes — image 5
Grade Bvillamid-range

Terraced house, Urbanização Pinheiros Marim, 12 a, Quinta das Âncoras - Pinheiros de Marim, Quelfes

Olhão · Eastern Algarve ·

€725,000

Asking Price (EUR)

3.5%

True Net Yield (Owner, all-in)

2.3%

True Net Yield (Managed, all-in)

5.0%

True Gross Yield

62%

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: €41,772/yr
Average Daily Rate: €186
-7.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%)
Payback Period: 45.0 years
5-yr Capital Value: €840,474
10-yr Capital Value: €974,339
Brixfox Score: 58.3 / 100
Comparable Properties: 7
Data Confidence: 74%
Search Radius: 2 km

True Investment Cost

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

€829,240

+14.4% over asking

Asking price€725,000
IMT — Property transfer tax (investment schedule)€43,500
IS — Stamp duty (0.8%)€5,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€10,875
Total acquisition costs€61,425
Renovation (est. €55/m² × 193 m²)
Light touch-ups — paint, fixtures, deep clean.		€10,615
(€5,790–€15,440)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€829,240

Gross yield (asking price)

5.8%

True gross yield (all-in)

5.0%

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.

Bedrooms: 3
Bathrooms: 2
Building: 193 m²
Land: 253 m²
Style: portuguese-traditional
Condition: good
Energy Certificate: D

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

terracotta roof tileswhite stucco facadedark wooden shuttersbalcony with pergola

Score Breakdown

ROI
8.77
Visual Appeal
11.2
Ownership Security
13
Location
8.4
Land & Space
5.8
Rental Demand
6.16
Payback Speed
1
STR Suitability
4

Description

Set behind electric gates in Urbanização Pinheiros Marim, this spacious and well-appointed home offers privacy and generous living spaces, complemented by a garage and a welcoming front terrace/patio. The interiors are defined by natural light and excellent proportions, centred around a large dual-aspect open-plan liv

Location

📍 37.0362°N, 7.8228°W

· Olhão, Algarve, Portugal

View this property on Almeida Morgan Real Estate →Listed via Idealista.pt
3-bedroom freehold villa in Olhão — photo 1 of 5
Almeida Morgan Real Estate
3-bedroom freehold villa in Olhão — photo 2 of 5
3-bedroom freehold villa in Olhão — photo 3 of 5
3-bedroom freehold villa in Olhão — photo 4 of 5
3-bedroom freehold villa in Olhão — photo 5 of 5

Terraced house, Urbanização Pinheiros Marim, 12 a, Quinta das Âncoras - Pinheiros de Marim, Quelfes

Olhão · Eastern Algarve · Ref BF-13071 Source verified · Almeida Morgan Real Estate · listed 2 Jun 2026
Asking price · Freehold
$788,043
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
193 m²
Land
253 m²
True net yield
2.2%
≈ $3,174/mo net after costs & tax
5-yr total return (net + appreciation)
7.3% / yr avg
Payback in ~45 yrs from rent
Brixfox Score 58 · B

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

Olhão

Eastern Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Energy: D
Condition: good

Description

Set behind electric gates in Urbanização Pinheiros Marim, this spacious and well-appointed home offers privacy and generous living spaces, complemented by a garage and a welcoming front terrace/patio. The interiors are defined by natural light and excellent proportions, centred around a large dual-aspect open-plan liv

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)
$261/night
50% ($120)Brixfox estimate($261/night)200% ($481)
Occupancy
62%
10%Brixfox estimate(62%)100%

Short-Term Rental

Indicative
Yearly income
$28,283
Likely range $16,970 – $39,597
Airbnb data$261/night · 62% occupancy
Rental income
$261/night · 62% occ.
$54,391
Running costs (20%)
Utilities, cleaning, maintenance
-$10,878
Income tax (10%)
Indonesian rental income tax
-$15,230
Property tax
Annual property tax
-$0
Net income
3.6% ROI
$28,283

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

2.2%

on all-in cost of $892,492

Scenario
Pre-tax
After-tax
Owner-managed
4.3%
3.7%
Fully-managed
2.8%
2.2%
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

6.1%

Annual Revenue

$54,391

Income Tax / yr

$4,760

Payback

45 yrs

True All-In Cost
Asking price$788,043
IMT — transfer tax (non-resident 7.5%)$59,103
Stamp duty (0.8%)$6,304
Notary + registry$2,174
Legal$9,693
Furnishing + STR launch$27,174
All-in cost$892,492

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Olhão.

$4.1M$3.1M$2.1M$1.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $725K
Capital appreciation
Property value growing at +4%/yr based on Olhão 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 21: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$882K
+22%
Rental Income
+$138K
Total Position
$1.0M
+41%
7.1%/yr
Year 10
Capital Value
$1.1M
+48%
Rental Income
+$298K
Total Position
$1.4M
+89%
6.6%/yr
Year 20
Capital Value
$1.6M
+119%
Rental Income
+$699K
Total Position
$2.3M
+216%
5.9%/yr
Year 30
Capital Value
$2.4M
+224%
Rental Income
+$1.2M
Total Position
$3.6M
+395%
5.5%/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

Ask Brixfox AI

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

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
3.6% annual return
Occupancy
Good
62% average occupancy
Nightly Rate
Strong
$240 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Average
253 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $240 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 3.6% is near the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

42% occ.
3.5%
$2,315/mo
52% occ.
4.4%
$2,871/mo
62% occ.
5.2%
$3,427/mo
current
72% occ.
6.1%
$3,983/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.