T3 flat in Rua Joaquim do Ó, 4, Estádio, Olhão
T3 flat in Rua Joaquim do Ó, 4, Estádio, Olhão — image 2T3 flat in Rua Joaquim do Ó, 4, Estádio, Olhão — image 3T3 flat in Rua Joaquim do Ó, 4, Estádio, Olhão — image 4T3 flat in Rua Joaquim do Ó, 4, Estádio, Olhão — image 5
Grade B+apartmentmid-range

T3 flat in Rua Joaquim do Ó, 4, Estádio, Olhão

Olhão · Eastern Algarve ·

€325,000

Asking Price (EUR)

7.2%

True Net Yield (Owner, all-in)

5.0%

True Net Yield (Managed, all-in)

11.1%

True Gross Yield

50%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.5 months ago and is currently at 13% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €43,013/yr
Average Daily Rate: €234
+7.0% vs area baselineImage quality 6/10 (-3%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 9.3 years
5-yr Capital Value: €427,045
10-yr Capital Value: €519,566
Brixfox Score: 71.8 / 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.

€388,315

+19.5% over asking

Asking price€325,000
IMT — Property transfer tax (investment schedule)€13,830
IS — Stamp duty (0.8%)€2,600
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,875
Total acquisition costs€22,555
Renovation (est. €55/m² × 192 m²)
Light touch-ups — paint, fixtures, deep clean.		€10,560
(€5,760–€15,360)
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)€388,315

Gross yield (asking price)

13.2%

True gross yield (all-in)

11.1%

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
Bathrooms: 2
Building: 192 m²
Style: contemporary
Condition: good
Year Built: 1984
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large window with sheer curtainswooden storage bench at foot of bed

Score Breakdown

ROI
24.29
Visual Appeal
8.8
Ownership Security
13
Location
7.8
Land & Space
5.84
Rental Demand
5.04
Payback Speed
4
STR Suitability
3

Description

Discover this wonderful T3 apartment, located in one of the most central and sought-after areas of Olhão. Ideal for those who value space, comfort, and location. The property features three well-sized bedrooms, two bathrooms, and a social area perfect for family life. The highlight is the private terrace, a true urban

Location

📍 37.0314°N, 7.8451°W

· Olhão, Algarve, Portugal

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

T3 flat in Rua Joaquim do Ó, 4, Estádio, Olhão

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

Grade B+ investment — short-term rental yields 9.2% 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
+12.9%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$61K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
9.2%
$2,694/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
10.9 yr
Rental only

Property details

Year built: 1984
Energy: C
Condition: good

Description

Discover this wonderful T3 apartment, located in one of the most central and sought-after areas of Olhão. Ideal for those who value space, comfort, and location. The property features three well-sized bedrooms, two bathrooms, and a social area perfect for family life. The highlight is the private terrace, a true urban

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$345/night
50% ($159)Brixfox estimate($345/night)200% ($634)
Occupancy
50%
10%Brixfox estimate(50%)100%

Short-Term Rental

Yearly income
$32,334
Airbnb data$345/night · 50% occupancy
Rental income
$345/night · 50% occ.
$63,370
Running costs (20%)
Utilities, cleaning, maintenance
-$12,674
Income tax (10%)
Indonesian rental income tax
-$17,743
Property tax
Annual property tax
-$618
Net income
9.2% ROI
$32,334

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$353,261
IMT (transfer tax, investment schedule)$15,033
Imposto de Selo (stamp duty)$2,826
Notary & registration$1,359
Legal / due diligence$5,299
Total acquisition costs$24,516
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$11,478
($6,261–$16,696)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$422,082

Gross yield (asking)

17.9%

True gross yield (all-in)

15.0%

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.

$2.8M$2.1M$1.4M$710K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $325K
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 10: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$395K
+22%
Rental Income
+$158K
Total Position
$553K
+70%
11.2%/yr
Year 10
Capital Value
$481K
+48%
Rental Income
+$341K
Total Position
$822K
+153%
9.7%/yr
Year 20
Capital Value
$712K
+119%
Rental Income
+$799K
Total Position
$1.5M
+365%
8.0%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$1.4M
Total Position
$2.5M
+660%
7.0%/yr

Location

Olhão

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.2% annual return
Occupancy
Average
50% average occupancy
Nightly Rate
Strong
$317 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.2% — outperforms most villas in this market
Premium nightly rate of $317 — 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 50% — 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.
7.4%
$2,177/mo
40% occ.
9.9%
$2,911/mo
50% occ.
12.4%
$3,645/mo
current
60% occ.
14.9%
$4,379/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.