T2 flat in Avenida 5 de Outubro, Baixa, Olhão
T2 flat in Avenida 5 de Outubro, Baixa, Olhão — image 2T2 flat in Avenida 5 de Outubro, Baixa, Olhão — image 3T2 flat in Avenida 5 de Outubro, Baixa, Olhão — image 4T2 flat in Avenida 5 de Outubro, Baixa, Olhão — image 5
Grade Bapartmentmid-range

T2 flat in Avenida 5 de Outubro, Baixa, Olhão

Olhão · Eastern Algarve ·

€799,000

Asking Price (EUR)

2.4%

True Net Yield (Owner, all-in)

1.7%

True Net Yield (Managed, all-in)

3.7%

True Gross Yield

46%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.3 months ago and is currently at 11% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.73, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €33,483/yr
Average Daily Rate: 200
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 29.1 years
5-yr Capital Value: €1.0M
10-yr Capital Value: €1.3M
Brixfox Score: 57.1 / 100
Comparable Properties: 58
Data Confidence: 99%
Search Radius: 2 km

True Investment Cost

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

€898,127

+12.4% over asking

Asking price€799,000
IMT — Property transfer tax (investment schedule)€47,940
IS — Stamp duty (0.8%)€6,392
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€11,985
Total acquisition costs€67,567
Renovation (est. €55/m² × 122)
Light touch-ups — paint, fixtures, deep clean.
€6,710
(€3,660€9,760)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€24,850
All-in investment (incl. renovation & furnishing)€898,127

Gross yield (asking price)

4.2%

True gross yield (all-in)

3.7%

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: 2
Bathrooms: 3
Building: 122
Style: contemporary
Condition: good
Year Built: 2021
Energy Certificate: A+
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

marina-viewpark-access

Score Breakdown

ROI
11.88
Visual Appeal
12.4
Ownership Security
13
Location
7.8
Land & Space
4.44
Rental Demand
4.58
Payback Speed
0
STR Suitability
3

Description

The apartment has 2 fantastic bedrooms en suite, with full bathrooms, 1 large living room with kitchen in open space, as well as a social toilet. All rooms have a balcony, strategically facing the privileged view of the sea. The condominium was built with a focus on modern life, to enjoy all the luxuries that contemp

Location

📍 37.0273°N, 7.8417°W

· Olhão, Algarve, Portugal

Idealista.pt
Olhão / Eastern Algarve

T2 flat in Avenida 5 de Outubro, Baixa, Olhão

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

Grade B investment — short-term rental yields 2.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score57
GradeB
Brixfox Intelligence
57BStrong
Score Breakdown
ROI & Yield63%
Capital Growth60%
Risk Profile59%
Market Demand57%

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
+6.5%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$150K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.8%
$2,024/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
13 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
35.8 yr
Rental only

Property details

Year built: 2021
Energy: A+
Condition: good

Description

The apartment has 2 fantastic bedrooms en suite, with full bathrooms, 1 large living room with kitchen in open space, as well as a social toilet. All rooms have a balcony, strategically facing the privileged view of the sea. The condominium was built with a focus on modern life, to enjoy all the luxuries that contemp

Income Breakdown

Adjust Forecast

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Nightly Rate (ADR)
$297/night
50% ($137)Brixfox estimate($297/night)200% ($546)
Occupancy
46%
10%Brixfox estimate(46%)100%

Short-Term Rental

Yearly income
$24,285
Airbnb data$297/night · 46% occupancy
Rental income
$297/night · 46% occ.
$49,624
Running costs (20%)
Utilities, cleaning, maintenance
-$9,925
Income tax (10%)
Indonesian rental income tax
-$13,895
Property tax
Annual property tax
-$1,520
Net income
2.8% ROI
$24,285

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$868,478
IMT (transfer tax, investment schedule)$52,109
Imposto de Selo (stamp duty)$6,948
Notary & registration$1,359
Legal / due diligence$13,027
Total acquisition costs$73,442
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.
$7,293
($3,978$10,609)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.
$27,011
All-in investment$976,225

Gross yield (asking)

5.7%

True gross yield (all-in)

5.1%

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.

$4.2M$3.2M$2.1M$1.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $799K
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 25: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$972K
+22%
Rental Income
+$119K
Total Position
$1.1M
+37%
6.4%/yr
Year 10
Capital Value
$1.2M
+48%
Rental Income
+$256K
Total Position
$1.4M
+80%
6.1%/yr
Year 20
Capital Value
$1.8M
+119%
Rental Income
+$600K
Total Position
$2.4M
+194%
5.5%/yr
Year 30
Capital Value
$2.6M
+224%
Rental Income
+$1.1M
Total Position
$3.7M
+357%
5.2%/yr

Location

Olhão

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.8% annual return
Occupancy
Average
46% average occupancy
Nightly Rate
Strong
$273 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $273 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 2.8% is below the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
2.4%
$1,769/mo
40% occ.
3.3%
$2,401/mo
46% occ.
3.8%
$2,768/mo
current
56% occ.
4.7%
$3,400/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.