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Terraced house in Quelfes, Centro, Quelfes
Terraced house in Quelfes, Centro, Quelfes — image 2Terraced house in Quelfes, Centro, Quelfes — image 3Terraced house in Quelfes, Centro, Quelfes — image 4Terraced house in Quelfes, Centro, Quelfes — image 5
Grade B+villamid-range

Terraced house in Quelfes, Centro, Quelfes

Olhão · Eastern Algarve ·

€460,000

Asking Price (EUR)

8.2%

True Net Yield (Owner, all-in)

5.6%

True Net Yield (Managed, all-in)

10.5%

True Gross Yield

60%

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: €55,343/yr
Average Daily Rate: €253
+13.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Has countryside (+10%)
Payback Period: 17.7 years
5-yr Capital Value: €533,266
10-yr Capital Value: €618,202
Brixfox Score: 74.3 / 100
Comparable Properties: 7
Data Confidence: 62%
Search Radius: 4 km

True Investment Cost

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

€528,660

+14.9% over asking

Asking price€460,000
IMT — Property transfer tax (investment schedule)€24,630
IS — Stamp duty (0.8%)€3,680
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,900
Total acquisition costs€36,460
Renovation€0 — move-in ready
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)€528,660

Gross yield (asking price)

12.0%

True gross yield (all-in)

10.5%

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: 3
Building: 251 m²
Style: modern
Condition: new-build
Year Built: 2024
countryside

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

glass railingsskylightsopen-plan kitchen

Score Breakdown

ROI
19.92
Visual Appeal
13
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
6
Payback Speed
4
STR Suitability
4

Description

Discover this fantastic 3-bedroom villa in Olhão, where comfort, modernity, and tranquility come together to create the perfect home! On the ground floor, you will find a spacious and bright open-plan living and dining area, ideal for family moments and entertaining guests. The property also features a bathroom, a fun

Location

📍 37.0590°N, 7.8221°W

· Olhão, Algarve, Portugal

Listed by AUMAKUA REAL ESTATE & INVESTMENTS 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

Terraced house in Quelfes, Centro, Quelfes

Olhão · Eastern Algarve · Ref BF-69392 Source verified · Idealista.pt · listed 2 Jun 2026
Asking price · Freehold
$500,000
Ownership
Freehold
Bedrooms
3
Bathrooms
3
Built area
251 m²
True net yield
5.6%
≈ $4,686/mo net after costs & tax
5-yr total return (net + appreciation)
11.3% / yr avg
Payback in ~18 yrs from rent
Brixfox Score 74 · 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: 2024
Condition: new-build
View: countryside

Description

Discover this fantastic 3-bedroom villa in Olhão, where comfort, modernity, and tranquility come together to create the perfect home! On the ground floor, you will find a spacious and bright open-plan living and dining area, ideal for family moments and entertaining guests. The property also features a bathroom, a fun

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)
$356/night
50% ($164)Brixfox estimate($356/night)200% ($654)
Occupancy
60%
10%Brixfox estimate(60%)100%

Short-Term Rental

Indicative
Yearly income
$37,486
Likely range $22,491 – $52,480
Airbnb data$356/night · 60% occupancy
Rental income
$356/night · 60% occ.
$72,088
Running costs (20%)
Utilities, cleaning, maintenance
-$14,418
Income tax (10%)
Indonesian rental income tax
-$20,185
Property tax
Annual property tax
-$0
Net income
7.5% ROI
$37,486

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

5.6%

on all-in cost of $576,998

Scenario
Pre-tax
After-tax
Owner-managed
9.8%
8.7%
Fully-managed
6.7%
5.6%
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

12.5%

Annual Revenue

$72,088

Income Tax / yr

$6,308

Payback

18 yrs

True All-In Cost
Asking price$500,000
IMT — transfer tax (non-resident 7.5%)$37,500
Stamp duty (0.8%)$4,000
Notary + registry$2,174
Legal$6,150
Furnishing + STR launch$27,174
All-in cost$576,998

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Olhão.

$3.6M$2.7M$1.8M$901K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $460K
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
$560K
+22%
Rental Income
+$183K
Total Position
$743K
+61%
10.1%/yr
Year 10
Capital Value
$681K
+48%
Rental Income
+$395K
Total Position
$1.1M
+134%
8.9%/yr
Year 20
Capital Value
$1.0M
+119%
Rental Income
+$927K
Total Position
$1.9M
+321%
7.4%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$1.6M
Total Position
$3.1M
+581%
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.

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.5% annual return
Occupancy
Average
60% average occupancy
Nightly Rate
Strong
$327 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $327 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 60% — 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

40% occ.
7.3%
$3,027/mo
50% occ.
9.1%
$3,785/mo
60% occ.
10.9%
$4,542/mo
current
70% occ.
12.7%
$5,299/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.