Launch offer — 3 months free free, no card

Detached house in Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes
Detached house in Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes — image 2Detached house in Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes — image 3Detached house in Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes — image 4Detached house in Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes — image 5
Grade Bvillabudget

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

Olhão · Eastern Algarve ·

€280,000

Asking Price (EUR)

5.1%

True Net Yield (Owner, all-in)

3.3%

True Net Yield (Managed, all-in)

7.1%

True Gross Yield

49%

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: €31,979/yr
Average Daily Rate: €177
-34.0% vs area baselineImage quality 2/10 (-15%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 23.3 years
5-yr Capital Value: €324,597
10-yr Capital Value: €376,297
Brixfox Score: 63.4 / 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.

€450,087

+60.7% over asking

Asking price€280,000
IMT — Property transfer tax (investment schedule)€10,597
IS — Stamp duty (0.8%)€2,240
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,200
Total acquisition costs€18,287
Renovation (est. €900/m² × 144 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€129,600
(€100,800–€158,400)
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)€450,087

Gross yield (asking price)

11.4%

True gross yield (all-in)

7.1%

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
Building: 144 m²
Land: 880 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1970
Energy Certificate: Exempt

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
15.87
Visual Appeal
2.2
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
4.95
Payback Speed
3
STR Suitability
4

Description

House T3 for sale.

Location

📍 37.0260°N, 7.8410°W

· Olhão, Algarve, Portugal

View this property on RE/MAX Select II →Listed via Idealista.pt
3-bedroom freehold villa in Olhão — photo 1 of 5
RE/MAX Select II
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 Urb. Cerro Azul - Brancanes - Poço Longo, Quelfes

Olhão · Eastern Algarve · Ref BF-13603 Source verified · RE/MAX Select II · listed 2 Jun 2026
Asking price · Freehold
$304,348
View original listing
Ownership
Freehold
Bedrooms
3
Built area
144 m²
Land
880 m²
True net yield
4.3%
≈ $2,492/mo net after costs & tax
5-yr total return (net + appreciation)
10.9% / yr avg
Payback in ~23 yrs from rent
Brixfox Score 63 · 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

Year built: 1970
Energy: Exempt
Condition: needs-renovation

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)
$249/night
50% ($115)Brixfox estimate($249/night)200% ($458)
Occupancy
49%
10%Brixfox estimate(49%)100%

Short-Term Rental

Indicative
Yearly income
$21,646
Likely range $12,988 – $30,304
Airbnb data$249/night · 49% occupancy
Rental income
$249/night · 49% occ.
$41,627
Running costs (20%)
Utilities, cleaning, maintenance
-$8,325
Income tax (10%)
Indonesian rental income tax
-$11,656
Property tax
Annual property tax
-$0
Net income
7.1% ROI
$21,646

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

4.3%

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

Scenario
Pre-tax
After-tax
Owner-managed
8.2%
7.2%
Fully-managed
5.3%
4.3%
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

11.5%

Annual Revenue

$41,627

Income Tax / yr

$3,642

Payback

23 yrs

True All-In Cost
Asking price$304,348
IMT — transfer tax (non-resident 7.5%)$22,826
Stamp duty (0.8%)$2,435
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$362,967

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Olhão.

$2.1M$1.6M$1.1M$533K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $280K
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
$341K
+22%
Rental Income
+$106K
Total Position
$446K
+59%
9.8%/yr
Year 10
Capital Value
$414K
+48%
Rental Income
+$228K
Total Position
$643K
+130%
8.7%/yr
Year 20
Capital Value
$614K
+119%
Rental Income
+$535K
Total Position
$1.1M
+310%
7.3%/yr
Year 30
Capital Value
$908K
+224%
Rental Income
+$947K
Total Position
$1.9M
+563%
6.5%/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
Good
7.1% annual return
Occupancy
Average
49% average occupancy
Nightly Rate
Strong
$229 per night
Visual Appeal
Weak
1/10 instagrammability
Size & Space
Strong
880 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $229 — positioned in the top tier
Generous 880 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 49% — 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.
6.3%
$1,591/mo
40% occ.
8.4%
$2,121/mo
49% occ.
10.3%
$2,623/mo
current
59% occ.
12.4%
$3,153/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.