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Detached house in Centro, Quelfes
Detached house in Centro, Quelfes — image 2Detached house in Centro, Quelfes — image 3Detached house in Centro, Quelfes — image 4Detached house in Centro, Quelfes — image 5
Grade B+villaluxury

Detached house in Centro, Quelfes

Olhão · Eastern Algarve ·

€990,000

Asking Price (EUR)

4.1%

True Net Yield (Owner, all-in)

2.8%

True Net Yield (Managed, all-in)

5.5%

True Gross Yield

56%

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: €61,734/yr
Average Daily Rate: 304
+36.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%), Luxury finish (+8%)
Payback Period: 36.1 years
5-yr Capital Value: €1.1M
10-yr Capital Value: €1.3M
Brixfox Score: 70.3 / 100
Comparable Properties: 12
Data Confidence: 70%
Search Radius: 3 km

True Investment Cost

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

€1.1M

+13.8% over asking

Asking price€990,000
IMT — Property transfer tax (investment schedule)€59,400
IS — Stamp duty (0.8%)€7,920
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€14,850
Total acquisition costs€83,420
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€53,300
All-in investment (incl. renovation & furnishing)€1.1M

Gross yield (asking price)

6.2%

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: 3
Bathrooms: 5
Building: 420
Land: 1472
Style: modern
Condition: new-build
Year Built: 2026
Energy Certificate: A
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

infinity-edge poollarge sliding glass doorsminimalist architecture

Score Breakdown

ROI
10.7
Visual Appeal
15.6
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
5.56
Payback Speed
1
STR Suitability
4

Description

Three-bedroom (T3) villa set on a single level, featuring a functional design, generous spaces and modern finishes, ideal for permanent residence or as a holiday home. The property offers three bedrooms and four bathrooms, ensuring maximum comfort and privacy. The social area combines the living room, dining area and

Location

📍 37.0464°N, 7.8246°W

· Olhão, Algarve, Portugal

Listed by Janela Imobiliária 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 in Centro, Quelfes

Olhão · Eastern Algarve · Ref BF-13338 Source verified · Idealista.pt · listed 3 Jun 2026
Asking price · Freehold
$1,076,087
Ownership
Freehold
Bedrooms
3
Bathrooms
5
Built area
420 m²
Land
1472 m²
True net yield
2.8%
$4,977/mo net after costs & tax
5-yr total return (net + appreciation)
7.6% / yr avg
Payback in ~36 yrs from rent
Brixfox Score 70 · 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: 2026
Energy: A
Condition: new-build

Description

Three-bedroom (T3) villa set on a single level, featuring a functional design, generous spaces and modern finishes, ideal for permanent residence or as a holiday home. The property offers three bedrooms and four bathrooms, ensuring maximum comfort and privacy. The social area combines the living room, dining area and

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)
$428/night
50% ($197)Brixfox estimate($428/night)200% ($788)
Occupancy
56%
10%Brixfox estimate(56%)100%

Short-Term Rental

Indicative
Yearly income
$41,816
Likely range $25,089$58,542
Airbnb data$428/night · 56% occupancy
Rental income
$428/night · 56% occ.
$80,415
Running costs (20%)
Utilities, cleaning, maintenance
-$16,083
Income tax (10%)
Indonesian rental income tax
-$22,516
Property tax
Annual property tax
-$0
Net income
3.9% ROI
$41,816

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

2.8%

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

Scenario
Pre-tax
After-tax
Owner-managed
4.9%
4.4%
Fully-managed
3.4%
2.8%
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

6.7%

Annual Revenue

$80,415

Income Tax / yr

$7,036

Payback

36 yrs

True All-In Cost
Asking price$1,076,087
IMT — transfer tax (non-resident 7.5%)$80,707
Stamp duty (0.8%)$8,609
Notary + registry$2,174
Legal$13,236
Furnishing + STR launch$27,174
All-in cost$1,207,986

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Olhão.

$5.8M$4.3M$2.9M$1.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $990K
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 20: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.2M
+22%
Rental Income
+$204K
Total Position
$1.4M
+42%
7.3%/yr
Year 10
Capital Value
$1.5M
+48%
Rental Income
+$441K
Total Position
$1.9M
+93%
6.8%/yr
Year 20
Capital Value
$2.2M
+119%
Rental Income
+$1.0M
Total Position
$3.2M
+224%
6.0%/yr
Year 30
Capital Value
$3.2M
+224%
Rental Income
+$1.8M
Total Position
$5.0M
+409%
5.6%/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
Average
3.9% annual return
Occupancy
Average
56% average occupancy
Nightly Rate
Strong
$394 per night
Visual Appeal
Strong
9/10 instagrammability
Size & Space
Strong
1472 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $394 — positioned in the top tier
Stunning visuals with 9/10 instagrammability — commands premium nightly rates
Generous 1472 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 3.9% 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

36% occ.
3.6%
$3,243/mo
46% occ.
4.6%
$4,155/mo
56% occ.
5.6%
$5,066/mo
current
66% occ.
6.7%
$5,978/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.