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Detached house in Ilha da Armona, 611, Quinta das Âncoras - Pinheiros de Marim, Quelfes
Detached house in Ilha da Armona, 611, Quinta das Âncoras - Pinheiros de Marim, Quelfes — image 2Detached house in Ilha da Armona, 611, Quinta das Âncoras - Pinheiros de Marim, Quelfes — image 3Detached house in Ilha da Armona, 611, Quinta das Âncoras - Pinheiros de Marim, Quelfes — image 4Detached house in Ilha da Armona, 611, Quinta das Âncoras - Pinheiros de Marim, Quelfes — image 5
Grade Bvillabudget

Detached house in Ilha da Armona, 611, Quinta das Âncoras - Pinheiros de Marim, Quelfes

Olhão · Eastern Algarve ·

€220,000

Asking Price (EUR)

6.2%

True Net Yield (Owner, all-in)

3.8%

True Net Yield (Managed, all-in)

9.0%

True Gross Yield

51%

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: €25,999/yr
Average Daily Rate: €140
-48.0% vs area baselineImage quality 4/10 (-9%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 25.7 years
5-yr Capital Value: €255,040
10-yr Capital Value: €295,662
Brixfox Score: 56.5 / 100
Comparable Properties: 21
Data Confidence: 96%
Search Radius: 2 km

True Investment Cost

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

€289,907

+31.8% over asking

Asking price€220,000
IMT — Property transfer tax (investment schedule)€6,397
IS — Stamp duty (0.8%)€1,760
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,300
Total acquisition costs€12,707
Renovation (est. €350/m² × 100 m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		€35,000
(€25,000–€45,000)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€22,200
All-in investment (incl. renovation & furnishing)€289,907

Gross yield (asking price)

11.8%

True gross yield (all-in)

9.0%

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: 100 m²
Style: dated
Condition: fair
Energy Certificate: D

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
14.62
Visual Appeal
5.4
Ownership Security
13
Location
8.4
Land & Space
4
Rental Demand
5.11
Payback Speed
2
STR Suitability
4

Location

📍 37.0260°N, 7.8410°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 in Ilha da Armona, 611, Quinta das Âncoras - Pinheiros de Marim, Quelfes

Olhão · Eastern Algarve · Ref BF-13599 Source verified · Idealista.pt · listed 2 Jun 2026
Asking price · Freehold
$239,130
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
100 m²
True net yield
3.9%
≈ $1,942/mo net after costs & tax
5-yr total return (net + appreciation)
11.1% / yr avg
Payback in ~26 yrs from rent
Brixfox Score 57 · 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

Energy: D
Condition: fair

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)
$196/night
50% ($90)Brixfox estimate($196/night)200% ($361)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Indicative
Yearly income
$17,608
Likely range $10,564 – $24,651
Airbnb data$196/night · 51% occupancy
Rental income
$196/night · 51% occ.
$33,861
Running costs (20%)
Utilities, cleaning, maintenance
-$6,772
Income tax (10%)
Indonesian rental income tax
-$9,481
Property tax
Annual property tax
-$0
Net income
7.4% ROI
$17,608

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

3.9%

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

Scenario
Pre-tax
After-tax
Owner-managed
8.0%
7.0%
Fully-managed
4.9%
3.9%
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

11.6%

Annual Revenue

$33,861

Income Tax / yr

$2,963

Payback

26 yrs

True All-In Cost
Asking price$239,130
IMT — transfer tax (non-resident 7.5%)$17,935
Stamp duty (0.8%)$1,913
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$292,337

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Olhão.

$1.7M$1.3M$853K$427K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $220K
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 12: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$268K
+22%
Rental Income
+$86K
Total Position
$354K
+61%
10.0%/yr
Year 10
Capital Value
$326K
+48%
Rental Income
+$186K
Total Position
$511K
+132%
8.8%/yr
Year 20
Capital Value
$482K
+119%
Rental Income
+$435K
Total Position
$917K
+317%
7.4%/yr
Year 30
Capital Value
$714K
+224%
Rental Income
+$771K
Total Position
$1.5M
+575%
6.6%/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.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.4% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Good
$181 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 51% — 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

31% occ.
6.5%
$1,298/mo
41% occ.
8.6%
$1,715/mo
51% occ.
10.7%
$2,133/mo
current
61% occ.
12.8%
$2,551/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.