T3 flat in Rua Doutor António Malafaia Freire Teles, Cavalinha - Bombeiros, Olhão
T3 flat in Rua Doutor António Malafaia Freire Teles, Cavalinha - Bombeiros, Olhão — image 2T3 flat in Rua Doutor António Malafaia Freire Teles, Cavalinha - Bombeiros, Olhão — image 3T3 flat in Rua Doutor António Malafaia Freire Teles, Cavalinha - Bombeiros, Olhão — image 4T3 flat in Rua Doutor António Malafaia Freire Teles, Cavalinha - Bombeiros, Olhão — image 5
Grade Bapartmentbudget

T3 flat in Rua Doutor António Malafaia Freire Teles, Cavalinha - Bombeiros, Olhão

Olhão · Eastern Algarve ·

€317,000

Asking Price (EUR)

3.5%

True Net Yield (Owner, all-in)

2.4%

True Net Yield (Managed, all-in)

5.4%

True Gross Yield

50%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2 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: €22,005/yr
Average Daily Rate: €121
-45.0% vs area baselineImage quality 5/10 (-6%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 18.0 years
5-yr Capital Value: €416,533
10-yr Capital Value: €506,776
Brixfox Score: 59.6 / 100
Comparable Properties: 17
Data Confidence: 92%
Search Radius: 2 km

True Investment Cost

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

€406,181

+28.1% over asking

Asking price€317,000
IMT — Property transfer tax (investment schedule)€13,190
IS — Stamp duty (0.8%)€2,536
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,755
Total acquisition costs€21,731
Renovation (est. €350/m² × 135 m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		€47,250
(€33,750–€60,750)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€20,200
All-in investment (incl. renovation & furnishing)€406,181

Gross yield (asking price)

6.9%

True gross yield (all-in)

5.4%

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: 135 m²
Style: dated
Condition: fair
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
16.35
Visual Appeal
7.8
Ownership Security
13
Location
7.8
Land & Space
4.7
Rental Demand
4.99
Payback Speed
2
STR Suitability
3

Description

3 bedroom flat, with large areas and the possibility of transforming into a 4 bedroom flat. A lift has been placed in the building, and the flat is on the first floor. Small building with only 5 fractions. The property has 3 balconies, pantry and two bathrooms. It is located in the centre of Olhão. Energy Rating: C

Location

📍 37.0324°N, 7.8380°W

· Olhão, Algarve, Portugal

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Idealista.pt
Olhão / Eastern Algarve

T3 flat in Rua Doutor António Malafaia Freire Teles, Cavalinha - Bombeiros, Olhão

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

Grade B investment — short-term rental yields 4.6% net return annually.

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The Investment

Brixfox Score60
GradeB
Brixfox Intelligence
60BStrong
Score Breakdown
ROI & Yield66%
Capital Growth63%
Risk Profile62%
Market Demand60%

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
+8.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$59K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.6%
$1,330/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
11 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
21.6 yr
Rental only

Property details

Energy: C
Condition: fair

Description

3 bedroom flat, with large areas and the possibility of transforming into a 4 bedroom flat. A lift has been placed in the building, and the flat is on the first floor. Small building with only 5 fractions. The property has 3 balconies, pantry and two bathrooms. It is located in the centre of Olhão. Energy Rating: C

Income Breakdown

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Customize your projections
Nightly Rate (ADR)
$175/night
50% ($80)Brixfox estimate($175/night)200% ($322)
Occupancy
50%
10%Brixfox estimate(50%)100%

Short-Term Rental

Yearly income
$15,957
Airbnb data$175/night · 50% occupancy
Rental income
$175/night · 50% occ.
$31,846
Running costs (20%)
Utilities, cleaning, maintenance
-$6,369
Income tax (10%)
Indonesian rental income tax
-$8,917
Property tax
Annual property tax
-$603
Net income
4.6% ROI
$15,957

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$344,565
IMT (transfer tax, investment schedule)$14,337
Imposto de Selo (stamp duty)$2,757
Notary & registration$1,359
Legal / due diligence$5,168
Total acquisition costs$23,621
Renovation (~$380/m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		$51,359
($36,685–$66,033)
Furnishing & STR launch
3bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$21,957
All-in investment$441,501

Gross yield (asking)

9.2%

True gross yield (all-in)

7.2%

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.

$2.0M$1.5M$993K$496K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $317K
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 17: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$386K
+22%
Rental Income
+$78K
Total Position
$464K
+46%
7.9%/yr
Year 10
Capital Value
$469K
+48%
Rental Income
+$168K
Total Position
$638K
+101%
7.2%/yr
Year 20
Capital Value
$695K
+119%
Rental Income
+$394K
Total Position
$1.1M
+244%
6.4%/yr
Year 30
Capital Value
$1.0M
+224%
Rental Income
+$698K
Total Position
$1.7M
+445%
5.8%/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
Average
4.6% annual return
Occupancy
Average
50% average occupancy
Nightly Rate
Good
$161 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.6% is near 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.
3.7%
$1,066/mo
40% occ.
5.0%
$1,439/mo
50% occ.
6.3%
$1,808/mo
current
60% occ.
7.6%
$2,180/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.