House in Rua Fernando Lopes Graça, 3, Centro, Quelfes
House in Rua Fernando Lopes Graça, 3, Centro, Quelfes — image 2House in Rua Fernando Lopes Graça, 3, Centro, Quelfes — image 3House in Rua Fernando Lopes Graça, 3, Centro, Quelfes — image 4House in Rua Fernando Lopes Graça, 3, Centro, Quelfes — image 5
Grade B+villamid-range

House in Rua Fernando Lopes Graça, 3, Centro, Quelfes

Olhão · Eastern Algarve ·

€465,000

Asking Price (EUR)

5.4%

True Net Yield (Owner, all-in)

3.7%

True Net Yield (Managed, all-in)

8.3%

True Gross Yield

47%

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: €45,184/yr
Average Daily Rate: €265
Payback Period: 12.8 years
5-yr Capital Value: €611,003
10-yr Capital Value: €743,379
Brixfox Score: 72.6 / 100
Comparable Properties: 17
Data Confidence: 87%
Search Radius: 2 km

True Investment Cost

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

€545,120

+17.2% over asking

Asking price€465,000
IMT — Property transfer tax (investment schedule)€25,030
IS — Stamp duty (0.8%)€3,720
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,975
Total acquisition costs€36,975
Renovation (est. €55/m² × 199 m²)
Light touch-ups — paint, fixtures, deep clean.		€10,945
(€5,970–€15,920)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€545,120

Gross yield (asking price)

9.7%

True gross yield (all-in)

8.3%

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: 3
Bathrooms: 2
Building: 199 m²
Land: 599 m²
Style: portuguese-traditional
Condition: good
Year Built: 1992
Energy Certificate: F
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

arched windows and doorwaysexposed wooden beam ceilingstraditional stone fireplacebalustrade porch

Score Breakdown

ROI
19.78
Visual Appeal
8.8
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
4.66
Payback Speed
3
STR Suitability
3

Description

Located in the quiet and sought-after Urbanização das Rosas, in Quelfes, Olhão - Situated on a 599 m² plot - Gross construction area: 199 m² - Gross private area: 160 m² House built in 1992, in good condition Excellent potential for permanent residence or investment Property composition: - 3 bedrooms, one curren

Location

📍 37.0260°N, 7.8410°W

· Olhão, Algarve, Portugal

View on Idealista.pt
Idealista.pt
Olhão / Eastern Algarve

House in Rua Fernando Lopes Graça, 3, Centro, Quelfes

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

Grade B+ investment — short-term rental yields 6.6% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score73
GradeB+
Brixfox Intelligence
73B+Strong
Score Breakdown
ROI & Yield80%
Capital Growth77%
Risk Profile74%
Market Demand73%

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
+10.3%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$87K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.6%
$2,763/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
9 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
15.2 yr
Rental only

Property details

Year built: 1992
Energy: F
Condition: good

Description

Located in the quiet and sought-after Urbanização das Rosas, in Quelfes, Olhão - Situated on a 599 m² plot - Gross construction area: 199 m² - Gross private area: 160 m² House built in 1992, in good condition Excellent potential for permanent residence or investment Property composition: - 3 bedrooms, one curren

Income Breakdown

Adjust Forecast

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Nightly Rate (ADR)
$385/night
50% ($177)Brixfox estimate($385/night)200% ($708)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Yearly income
$33,161
Airbnb data$385/night · 47% occupancy
Rental income
$385/night · 47% occ.
$65,473
Running costs (20%)
Utilities, cleaning, maintenance
-$13,095
Income tax (10%)
Indonesian rental income tax
-$18,332
Property tax
Annual property tax
-$885
Net income
6.6% ROI
$33,161

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$505,435
IMT (transfer tax, investment schedule)$27,207
Imposto de Selo (stamp duty)$4,043
Notary & registration$1,359
Legal / due diligence$7,582
Total acquisition costs$40,190
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$11,897
($6,489–$17,304)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$590,348

Gross yield (asking)

13.0%

True gross yield (all-in)

11.1%

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.

$3.4M$2.6M$1.7M$851K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $465K
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 13: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$566K
+22%
Rental Income
+$162K
Total Position
$728K
+56%
9.4%/yr
Year 10
Capital Value
$688K
+48%
Rental Income
+$350K
Total Position
$1.0M
+123%
8.4%/yr
Year 20
Capital Value
$1.0M
+119%
Rental Income
+$820K
Total Position
$1.8M
+295%
7.1%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$1.5M
Total Position
$3.0M
+536%
6.4%/yr

Location

Olhão

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
6.6% annual return
Occupancy
Average
47% average occupancy
Nightly Rate
Strong
$354 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Strong
599 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $354 — positioned in the top tier
Generous 599 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 47% — 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.
5.7%
$2,382/mo
40% occ.
7.6%
$3,201/mo
47% occ.
8.9%
$3,746/mo
current
57% occ.
10.8%
$4,564/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.