Semi-detached house in Rua Joaquim Ribeiro, 26, Estádio, Olhão
Semi-detached house in Rua Joaquim Ribeiro, 26, Estádio, Olhão — image 2Semi-detached house in Rua Joaquim Ribeiro, 26, Estádio, Olhão — image 3Semi-detached house in Rua Joaquim Ribeiro, 26, Estádio, Olhão — image 4Semi-detached house in Rua Joaquim Ribeiro, 26, Estádio, Olhão — image 5
Grade Avillamid-range

Semi-detached house in Rua Joaquim Ribeiro, 26, Estádio, Olhão

Olhão · Eastern Algarve ·

€220,000

Asking Price (EUR)

10.0%

True Net Yield (Owner, all-in)

6.9%

True Net Yield (Managed, all-in)

15.3%

True Gross Yield

52%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 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: €40,573/yr
Average Daily Rate: €214
-4.0% vs area baselineImage quality 8/10 (+3%), Portuguese-traditional style (+5%), No pool (-12%)
Payback Period: 6.8 years
5-yr Capital Value: €289,077
10-yr Capital Value: €351,706
Brixfox Score: 77.6 / 100
Comparable Properties: 17
Data Confidence: 93%
Search Radius: 2 km

True Investment Cost

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

€264,907

+20.4% 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€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)€264,907

Gross yield (asking price)

18.4%

True gross yield (all-in)

15.3%

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: 92 m²
Land: 163 m²
Style: portuguese-traditional
Condition: new-build
Year Built: 1951
Energy Certificate: D

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

ornate facade detailingarched windowsdark green entrance door

Score Breakdown

ROI
25
Visual Appeal
13.6
Ownership Security
13
Location
7.8
Land & Space
4.97
Rental Demand
5.19
Payback Speed
5
STR Suitability
3

Description

For sale, traditional town house in need of complete renovation, located in the town of Olhão with an approved proect, in a very pleasant and quiet street, Rua Joaquim Ribeiro, 5 minutes from the Baixa. Work on the property had been initiated by the previous owners, but was interrupted. Since then, a new project to re

Location

📍 37.0304°N, 7.8452°W

· Olhão, Algarve, Portugal

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Idealista.pt
Olhão / Eastern Algarve

Semi-detached house in Rua Joaquim Ribeiro, 26, Estádio, Olhão

Inventory
3 Beds
Bathrooms
3 Baths
Built Area
92 m²
Land Plot
163 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 12.6% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score78
GradeA
Brixfox Intelligence
78AExcellent
Score Breakdown
ROI & Yield86%
Capital Growth82%
Risk Profile79%
Market Demand78%

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
+16.3%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$41K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
12.6%
$2,507/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
6 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
7.9 yr
Rental only

Property details

Year built: 1951
Energy: D
Condition: new-build

Description

For sale, traditional town house in need of complete renovation, located in the town of Olhão with an approved proect, in a very pleasant and quiet street, Rua Joaquim Ribeiro, 5 minutes from the Baixa. Work on the property had been initiated by the previous owners, but was interrupted. Since then, a new project to re

Income Breakdown

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Nightly Rate (ADR)
$310/night
50% ($142)Brixfox estimate($310/night)200% ($570)
Occupancy
52%
10%Brixfox estimate(52%)100%

Short-Term Rental

Yearly income
$30,082
Airbnb data$310/night · 52% occupancy
Rental income
$310/night · 52% occ.
$58,654
Running costs (20%)
Utilities, cleaning, maintenance
-$11,731
Income tax (10%)
Indonesian rental income tax
-$16,423
Property tax
Annual property tax
-$418
Net income
12.6% ROI
$30,082

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$239,130
IMT (transfer tax, investment schedule)$6,953
Imposto de Selo (stamp duty)$1,913
Notary & registration$1,359
Legal / due diligence$3,587
Total acquisition costs$13,812
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$285,768

Gross yield (asking)

24.5%

True gross yield (all-in)

20.5%

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.

$2.3M$1.8M$1.2M$584K$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 8: rental income alone has repaid the full purchase price.
2x return
Year 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$268K
+22%
Rental Income
+$147K
Total Position
$415K
+88%
13.5%/yr
Year 10
Capital Value
$326K
+48%
Rental Income
+$317K
Total Position
$643K
+192%
11.3%/yr
Year 20
Capital Value
$482K
+119%
Rental Income
+$744K
Total Position
$1.2M
+457%
9.0%/yr
Year 30
Capital Value
$714K
+224%
Rental Income
+$1.3M
Total Position
$2.0M
+823%
7.7%/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
Strong
12.6% annual return
Occupancy
Average
52% average occupancy
Nightly Rate
Strong
$285 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Average
163 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 12.6% — outperforms most villas in this market
Premium nightly rate of $285 — 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 52% — 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

32% occ.
10.4%
$2,068/mo
42% occ.
13.7%
$2,727/mo
52% occ.
17.0%
$3,387/mo
current
62% occ.
20.3%
$4,046/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.