T3 flat in Rua General Humberto Delgado, 26, Baixa, Olhão
T3 flat in Rua General Humberto Delgado, 26, Baixa, Olhão — image 2T3 flat in Rua General Humberto Delgado, 26, Baixa, Olhão — image 3T3 flat in Rua General Humberto Delgado, 26, Baixa, Olhão — image 4T3 flat in Rua General Humberto Delgado, 26, Baixa, Olhão — image 5
Grade B+apartmentmid-range

T3 flat in Rua General Humberto Delgado, 26, Baixa, Olhão

Olhão · Eastern Algarve ·

€375,000

Asking Price (EUR)

6.2%

True Net Yield (Owner, all-in)

4.3%

True Net Yield (Managed, all-in)

9.6%

True Gross Yield

51%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2 months ago and is currently at 17% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.75, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €41,494/yr
Average Daily Rate: €222
Payback Period: 11.3 years
5-yr Capital Value: €492,744
10-yr Capital Value: €599,499
Brixfox Score: 71.5 / 100
Comparable Properties: 17
Data Confidence: 94%
Search Radius: 2 km

True Investment Cost

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

€432,905

+15.4% over asking

Asking price€375,000
IMT — Property transfer tax (investment schedule)€17,830
IS — Stamp duty (0.8%)€3,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,625
Total acquisition costs€27,705
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€30,200
All-in investment (incl. renovation & furnishing)€432,905

Gross yield (asking price)

11.1%

True gross yield (all-in)

9.6%

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: 199 m²
Style: modern
Condition: excellent
Year Built: 1995
Energy Certificate: D

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

integrated appliancesunder-cabinet lightingsliding glass door to outdoor space

Score Breakdown

ROI
21.43
Visual Appeal
11.2
Ownership Security
13
Location
7.8
Land & Space
5.98
Rental Demand
5.13
Payback Speed
4
STR Suitability
3

Description

Discover this almost new luxury apartment in the heart of Olhão, Faro, priced at €390,000. Spanning 199.08m², this stunning property offers a perfect blend of modern living and convenience, making it an ideal choice for families or investors alike. The apartment features three spacious bedrooms, two well-appointed bat

Location

📍 37.0292°N, 7.8411°W

· Olhão, Algarve, Portugal

View on CENTURY 21 Realty Art VII →Also on Idealista.pt
Idealista.pt
Olhão / Eastern Algarve

T3 flat in Rua General Humberto Delgado, 26, Baixa, Olhão

Inventory
3 Beds
Bathrooms
2 Baths
Built Area
199 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 7.5% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score72
GradeB+
Brixfox Intelligence
72B+Strong
Score Breakdown
ROI & Yield79%
Capital Growth76%
Risk Profile73%
Market Demand72%

The Brixfox Score is our proprietary AI-powered rating that evaluates rental ROI, capital appreciation potential, risk factors, and local market dynamics to give you a single investment quality metric.

Pro members get full score breakdown with AI recommendations
Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+11.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$70K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.5%
$2,543/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
9 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
13.4 yr
Rental only

Property details

Year built: 1995
Energy: D
Condition: excellent

Description

Discover this almost new luxury apartment in the heart of Olhão, Faro, priced at €390,000. Spanning 199.08m², this stunning property offers a perfect blend of modern living and convenience, making it an ideal choice for families or investors alike. The apartment features three spacious bedrooms, two well-appointed bat

Income Breakdown

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Nightly Rate (ADR)
$321/night
50% ($148)Brixfox estimate($321/night)200% ($590)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$30,514
Airbnb data$321/night · 51% occupancy
Rental income
$321/night · 51% occ.
$60,053
Running costs (20%)
Utilities, cleaning, maintenance
-$12,011
Income tax (10%)
Indonesian rental income tax
-$16,815
Property tax
Annual property tax
-$713
Net income
7.5% ROI
$30,514

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

True all-in investment

What the headline asking price actually costs once mandatory taxes, fees, renovation, and furnishing are added. Yields rebased onto this number — closer to what you'll really earn against what you'll really pay.

Asking price$407,609
IMT (transfer tax, investment schedule)$19,380
Imposto de Selo (stamp duty)$3,261
Notary & registration$1,359
Legal / due diligence$6,114
Total acquisition costs$30,114
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$470,549

Gross yield (asking)

14.7%

True gross yield (all-in)

12.8%

Estimates use Portugal's standard transfer tax + typical legal/notary defaults. Verify with local counsel before committing — actual fees vary by deal structure.

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Olhão.

$2.9M$2.2M$1.5M$734K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $375K
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
$456K
+22%
Rental Income
+$149K
Total Position
$605K
+61%
10.0%/yr
Year 10
Capital Value
$555K
+48%
Rental Income
+$322K
Total Position
$877K
+134%
8.9%/yr
Year 20
Capital Value
$822K
+119%
Rental Income
+$754K
Total Position
$1.6M
+320%
7.4%/yr
Year 30
Capital Value
$1.2M
+224%
Rental Income
+$1.3M
Total Position
$2.6M
+580%
6.6%/yr

Location

Olhão

Eastern Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.5% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$295 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 $295 — 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 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.
6.1%
$2,077/mo
41% occ.
8.1%
$2,761/mo
51% occ.
10.1%
$3,444/mo
current
61% occ.
12.1%
$4,127/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. Includes 10% Indonesian rental tax (PPh) and annual property tax (PBB). Market factors in Portugal may impact actual yields.