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Detached house, Em516-3, Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes
Detached house, Em516-3, Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes — image 2Detached house, Em516-3, Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes — image 3Detached house, Em516-3, Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes — image 4Detached house, Em516-3, Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes — image 5
Grade B+villamid-range

Detached house, Em516-3, Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes

Olhão · Eastern Algarve ·

€590,000

Asking Price (EUR)

5.9%

True Net Yield (Owner, all-in)

4.0%

True Net Yield (Managed, all-in)

7.8%

True Gross Yield

54%

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: €53,289/yr
Average Daily Rate: €271
+3.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%), Has view (+10%)
Payback Period: 24.4 years
5-yr Capital Value: €683,972
10-yr Capital Value: €792,911
Brixfox Score: 73.2 / 100
Comparable Properties: 22
Data Confidence: 79%
Search Radius: 3 km

True Investment Cost

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

€684,150

+16.0% over asking

Asking price€590,000
IMT — Property transfer tax (investment schedule)€35,030
IS — Stamp duty (0.8%)€4,720
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,850
Total acquisition costs€49,850
Renovation (est. €55/m² × 220 m²)
Light touch-ups — paint, fixtures, deep clean.		€12,100
(€6,600–€17,600)
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)€684,150

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: 3
Bathrooms: 2
Building: 220 m²
Land: 1560 m²
Style: portuguese-traditional
Condition: good
Year Built: 1994
Energy Certificate: B
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

exterior staircase to main living areacovered outdoor balconyintegrated garage

Score Breakdown

ROI
15.27
Visual Appeal
12.2
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
5.38
Payback Speed
3
STR Suitability
4

Description

Discover this charming detached house in the serene neighborhood of Quelfes, Olhão, priced at €649,000. Spanning 220m², this home offers a perfect blend of comfort and style, featuring a beautiful garden, panoramic mountain views, and a covered terrace ideal for outdoor entertaining. The spacious layout includes 3 bed

Location

📍 37.0495°N, 7.8480°W

· Olhão, Algarve, Portugal

Listed via Idealista.pt
3-bedroom freehold villa in Olhão — photo 1 of 5
Idealista.pt
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

Detached house, Em516-3, Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes

Olhão · Eastern Algarve · Ref BF-13285 Source verified · Idealista.pt · listed 2 Jun 2026
Asking price · Freehold
$641,304
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
220 m²
Land
1560 m²
True net yield
4.1%
≈ $4,400/mo net after costs & tax
5-yr total return (net + appreciation)
9.4% / yr avg
Payback in ~24 yrs from rent
Brixfox Score 73 · 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

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Year built: 1994
Energy: B
Condition: good

Description

Discover this charming detached house in the serene neighborhood of Quelfes, Olhão, priced at €649,000. Spanning 220m², this home offers a perfect blend of comfort and style, featuring a beautiful garden, panoramic mountain views, and a covered terrace ideal for outdoor entertaining. The spacious layout includes 3 bed

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)
$382/night
50% ($176)Brixfox estimate($382/night)200% ($703)
Occupancy
54%
10%Brixfox estimate(54%)100%

Short-Term Rental

Indicative
Yearly income
$36,096
Likely range $21,658 – $50,535
Airbnb data$382/night · 54% occupancy
Rental income
$382/night · 54% occ.
$69,416
Running costs (20%)
Utilities, cleaning, maintenance
-$13,883
Income tax (10%)
Indonesian rental income tax
-$19,437
Property tax
Annual property tax
-$0
Net income
5.6% ROI
$36,096

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

4.1%

on all-in cost of $731,768

Scenario
Pre-tax
After-tax
Owner-managed
7.2%
6.4%
Fully-managed
4.9%
4.1%
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

9.5%

Annual Revenue

$69,416

Income Tax / yr

$6,074

Payback

24 yrs

True All-In Cost
Asking price$641,304
IMT — transfer tax (non-resident 7.5%)$48,098
Stamp duty (0.8%)$5,130
Notary + registry$2,174
Legal$7,888
Furnishing + STR launch$27,174
All-in cost$731,768

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Olhão.

$4.0M$3.0M$2.0M$1.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $590K
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 15: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$718K
+22%
Rental Income
+$176K
Total Position
$894K
+52%
8.7%/yr
Year 10
Capital Value
$873K
+48%
Rental Income
+$381K
Total Position
$1.3M
+113%
7.8%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$892K
Total Position
$2.2M
+270%
6.8%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$1.6M
Total Position
$3.5M
+492%
6.1%/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.

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.6% annual return
Occupancy
Average
54% average occupancy
Nightly Rate
Strong
$351 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Strong
1560 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $351 — positioned in the top tier
Generous 1560 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 54% — factor in seasonal gaps

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

34% occ.
5.1%
$2,747/mo
44% occ.
6.7%
$3,560/mo
54% occ.
8.2%
$4,373/mo
current
64% occ.
9.7%
$5,186/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.