Detached house in Centro, Quelfes
Detached house in Centro, Quelfes — image 2Detached house in Centro, Quelfes — image 3Detached house in Centro, Quelfes — image 4Detached house in Centro, Quelfes — image 5
Grade B+villamid-range

Detached house in Centro, Quelfes

Olhão · Eastern Algarve ·

€725,000

Asking Price (EUR)

7.4%

True Net Yield (Owner, all-in)

5.1%

True Net Yield (Managed, all-in)

11.3%

True Gross Yield

28%

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: €93,602/yr
Average Daily Rate: €917
+12.0% vs area baselineModern/contemporary style (+12%), Has pool (0%)
Payback Period: 9.7 years
5-yr Capital Value: €952,639
10-yr Capital Value: €1.2M
Brixfox Score: 73.5 / 100
Comparable Properties: 6
Data Confidence: 60%
Search Radius: 6 km

True Investment Cost

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

€826,475

+14.0% over asking

Asking price€725,000
IMT — Property transfer tax (investment schedule)€43,500
IS — Stamp duty (0.8%)€5,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€10,875
Total acquisition costs€61,425
Renovation€0 — move-in ready
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€40,050
All-in investment (incl. renovation & furnishing)€826,475

Gross yield (asking price)

12.9%

True gross yield (all-in)

11.3%

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: 4
Bathrooms: 2
Building: 193 m²
Land: 253 m²
Style: contemporary
Condition: excellent
Energy Certificate: D
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

plunge poolmoai statueoutdoor hose reelstraw hats decor

Score Breakdown

ROI
23.69
Visual Appeal
12.8
Ownership Security
13
Location
8.4
Land & Space
5.8
Rental Demand
2.8
Payback Speed
4
STR Suitability
3

Description

Fully refurbished 4 bedroom villa, located in a quiet and familiar urbanisation, in the heart of the Ria Formosa Natural Park one of the most privileged natural settings in the Algarve. Surrounded by green areas, nature trails and just minutes from the beaches and all amenities, this property combines comfort, privacy

Location

📍 37.0585°N, 7.8211°W

· Olhão, Algarve, Portugal

View on In-Select →Also on Idealista.pt
Idealista.pt
Olhão / Eastern Algarve

Detached house in Centro, Quelfes

Inventory
4 Beds
Bathrooms
2 Baths
Built Area
193 m²
Land Plot
253 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 8.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score74
GradeB+
Brixfox Intelligence
74B+Strong
Score Breakdown
ROI & Yield81%
Capital Growth78%
Risk Profile75%
Market Demand74%

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
+12.5%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$136K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.8%
$5,749/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
11.4 yr
Rental only

Property details

Energy: D
Condition: excellent

Description

Fully refurbished 4 bedroom villa, located in a quiet and familiar urbanisation, in the heart of the Ria Formosa Natural Park one of the most privileged natural settings in the Algarve. Surrounded by green areas, nature trails and just minutes from the beaches and all amenities, this property combines comfort, privacy

Income Breakdown

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Nightly Rate (ADR)
$1,326/night
50% ($610)Brixfox estimate($1,326/night)200% ($2439)
Occupancy
28%
10%Brixfox estimate(28%)100%

Short-Term Rental

Yearly income
$68,994
Airbnb data$1,326/night · 28% occupancy
Rental income
$1,326/night · 28% occ.
$135,333
Running costs (20%)
Utilities, cleaning, maintenance
-$27,067
Income tax (10%)
Indonesian rental income tax
-$37,893
Property tax
Annual property tax
-$1,379
Net income
8.8% ROI
$68,994

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$788,043
IMT (transfer tax, investment schedule)$47,283
Imposto de Selo (stamp duty)$6,304
Notary & registration$1,359
Legal / due diligence$11,821
Total acquisition costs$66,766
RenovationMove-in ready
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$41,359
All-in investment$896,168

Gross yield (asking)

17.2%

True gross yield (all-in)

15.1%

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.

$6.2M$4.6M$3.1M$1.5M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $725K
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 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$882K
+22%
Rental Income
+$337K
Total Position
$1.2M
+68%
11.0%/yr
Year 10
Capital Value
$1.1M
+48%
Rental Income
+$728K
Total Position
$1.8M
+148%
9.5%/yr
Year 20
Capital Value
$1.6M
+119%
Rental Income
+$1.7M
Total Position
$3.3M
+354%
7.9%/yr
Year 30
Capital Value
$2.4M
+224%
Rental Income
+$3.0M
Total Position
$5.4M
+641%
6.9%/yr

Location

Olhão

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
8.8% annual return
Occupancy
Weak
28% average occupancy
Nightly Rate
Strong
$1220 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Average
253 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 8.8% — outperforms most villas in this market
Premium nightly rate of $1220 — 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 28% — 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.
12.7%
$8,352/mo
40% occ.
17.0%
$11,175/mo
28% occ.
11.8%
$7,780/mo
current
38% occ.
16.1%
$10,602/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.