T3 flat in Centro, Quelfes
T3 flat in Centro, Quelfes — image 2T3 flat in Centro, Quelfes — image 3T3 flat in Centro, Quelfes — image 4T3 flat in Centro, Quelfes — image 5
Grade Aapartmentluxury

T3 flat in Centro, Quelfes

Olhão · Eastern Algarve ·

€422,560

Asking Price (EUR)

11.8%

True Net Yield (Owner, all-in)

8.5%

True Net Yield (Managed, all-in)

13.9%

True Gross Yield

60%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 3.6 months ago and is currently at 30% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.79, occupancy cap 68%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €70,235/yr
Average Daily Rate: 319
+11.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Luxury finish (+8%)
Payback Period: 11.0 years
5-yr Capital Value: €489,863
10-yr Capital Value: €567,885
Brixfox Score: 80.3 / 100
Comparable Properties: 10
Data Confidence: 68%
Search Radius: 4 km

True Investment Cost

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

€503,963

+19.3% over asking

Asking price€422,560
IMT — Property transfer tax (investment schedule)€21,635
IS — Stamp duty (0.8%)€3,380
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,338
Total acquisition costs€32,603
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€48,800
All-in investment (incl. renovation & furnishing)€503,963

Gross yield (asking price)

16.6%

True gross yield (all-in)

13.9%

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: 132
Style: contemporary
Condition: excellent
Energy Certificate: B-

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

glass dining tablequilted velvet dining chairslarge abstract art piecesrecessed lighting

Score Breakdown

ROI
25
Visual Appeal
14.2
Ownership Security
13
Location
8.4
Land & Space
4.64
Rental Demand
6.03
Payback Speed
5
STR Suitability
4

Description

With a Central Location, close to the main accesses of the City of Olhão, this Development presents itself as a great Investment, both for own housing and to Monetize! Apartments from T1 to T4, with areas between 65m2 and 158m2, inserted in Condominium with Garden and Pool and parking place in the Basement. The Reali

Location

📍 37.0600°N, 7.8216°W

· Olhão, Algarve, Portugal

Visit Casas do SotaventoListed via Idealista.pt
3-bedroom freehold villa in Olhão — photo 1 of 5
Casas do Sotavento
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

T3 flat in Centro, Quelfes

Olhão · Eastern Algarve · Ref BF-13220 Source verified · Casas do Sotavento · listed 2 Jun 2026
Asking price · Freehold
$459,304
Inquire — direct to agent
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
132 m²
Gross yield
17.4%
Est. ADR
$440/night
Occupancy
60%
Brixfox Score 80 · AFinancial analysis ↓

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Property details

Energy: B-
Condition: excellent

Description

With a Central Location, close to the main accesses of the City of Olhão, this Development presents itself as a great Investment, both for own housing and to Monetize! Apartments from T1 to T4, with areas between 65m2 and 158m2, inserted in Condominium with Garden and Pool and parking place in the Basement. The Reali

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager whose commission includes the OTA/channel listing (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission but pays the OTA host fee directly — and your own time.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
Awaiting comparable data
Gross yield · all-in basis
Before tax in your home country and financing costs. Estimates, not financial advice.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR is the expected BOOKED rate — nearby asking prices corrected by the AirDNA-measured asking-to-booked factor (~−33% on Bali). Occupancy is calibrated against AirDNA reference homes nearby. Comp cards below show raw asking prices.
Expected ADR
Asking-price basis
Expected occupancy
Projected annual revenue
ADR × occupancy × 365
Comp data observed in USD · converted at €0.92/$
Seasonal occupancy pattern
Peak Aug +45% · Low Jan -30%
J
F
M
A
M
J
J
A
S
O
N
D
Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
Acquisition costs· 7.7% of price, auto-calculated
$35,438
IMT (transfer tax, investment schedule)$23,516
Imposto de Selo (stamp duty)$3,674
Notary & registration$1,359
Legal fees$6,889
Renovation budget· Move-in ready. No renovation budgeted.
Furniture & STR launch· default ≈ $17,682/bedroom
All-in investment
$547,786
+19.3% over asking
The P&L needs a revenue basis from comparable listings — it appears once comp data is available.

Total return estimate

OptionalNet yield plus an appreciation assumption you choose. Appreciation is a forward-looking assumption, not data — which is why it defaults to 0% and is kept out of the yield figures above.
Annual appreciation assumption0%
0%3.5% · Olhão 5-yr avg — historical, not a forecast8%
Indicative total return
/yr
+ 0% appreciation
Appreciation assumptions are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.

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Where it sits — and the comps around it

The Airbnb listings behind the market evidence above, on the map.

Location

Olhão

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.1% net yield on all-in cost
Occupancy
Good
60% average occupancy
Nightly Rate
Strong
$405 per night
Visual Appeal
Strong
8/10 visual appeal
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

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Risks & What-If

What if occupancy changes?

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost

Sensitivity analysis requires Pro
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
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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.