Detached house in N398, 4, Centro, Quelfes
Detached house in N398, 4, Centro, Quelfes — image 2Detached house in N398, 4, Centro, Quelfes — image 3Detached house in N398, 4, Centro, Quelfes — image 4Detached house in N398, 4, Centro, Quelfes — image 5
Grade B+villamid-range

Detached house in N398, 4, Centro, Quelfes

Olhão · Eastern Algarve ·

€795,000

Asking Price (EUR)

3.5%

True Net Yield (Owner, all-in)

2.4%

True Net Yield (Managed, all-in)

5.3%

True Gross Yield

47%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 14% 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: €48,812/yr
Average Daily Rate: €282
+12.0% vs area baselineModern/contemporary style (+12%), Has pool (0%)
Payback Period: 20.1 years
5-yr Capital Value: €1.0M
10-yr Capital Value: €1.3M
Brixfox Score: 69.8 / 100
Comparable Properties: 18
Data Confidence: 89%
Search Radius: 2 km

True Investment Cost

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

€917,025

+15.3% over asking

Asking price€795,000
IMT — Property transfer tax (investment schedule)€47,700
IS — Stamp duty (0.8%)€6,360
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€11,925
Total acquisition costs€67,235
Renovation (est. €55/m² × 268 m²)
Light touch-ups — paint, fixtures, deep clean.		€14,740
(€8,040–€21,440)
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)€917,025

Gross yield (asking price)

6.1%

True gross yield (all-in)

5.3%

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: 1
Building: 268 m²
Land: 682 m²
Style: contemporary
Condition: good
Year Built: 1983
Energy Certificate: D
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

private swimming poolmature garden landscapingoutdoor dining/lounge areas

Score Breakdown

ROI
15.44
Visual Appeal
12.8
Ownership Security
13
Location
8.4
Land & Space
11.39
Rental Demand
4.74
Payback Speed
1
STR Suitability
3

Description

An excellent detached house, fully enclosed and secure, set on a fantastic plot of around 682m² with a swimming pool and garden, where every space has been put to excellent use! This could be your next home, where every detail impresses! This modern home combines high ceilings, large, light-filled windows and a beauti

Location

📍 37.0260°N, 7.8410°W

· Olhão, Algarve, Portugal

View on ERA Olhão →Also on Idealista.pt
Idealista.pt
Olhão / Eastern Algarve

Detached house in N398, 4, Centro, Quelfes

Inventory
4 Beds
Bathrooms
1 Baths
Built Area
268 m²
Land Plot
682 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 4.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score70
GradeB+
Brixfox Intelligence
70B+Strong
Score Breakdown
ROI & Yield77%
Capital Growth74%
Risk Profile72%
Market Demand70%

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
+7.9%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$149K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.1%
$2,968/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
12 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
24.3 yr
Rental only

Property details

Year built: 1983
Energy: D
Condition: good

Description

An excellent detached house, fully enclosed and secure, set on a fantastic plot of around 682m² with a swimming pool and garden, where every space has been put to excellent use! This could be your next home, where every detail impresses! This modern home combines high ceilings, large, light-filled windows and a beauti

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$413/night
50% ($190)Brixfox estimate($413/night)200% ($759)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Yearly income
$35,610
Airbnb data$413/night · 47% occupancy
Rental income
$413/night · 47% occ.
$71,389
Running costs (20%)
Utilities, cleaning, maintenance
-$14,278
Income tax (10%)
Indonesian rental income tax
-$19,989
Property tax
Annual property tax
-$1,512
Net income
4.1% ROI
$35,610

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$864,130
IMT (transfer tax, investment schedule)$51,848
Imposto de Selo (stamp duty)$6,913
Notary & registration$1,359
Legal / due diligence$12,962
Total acquisition costs$73,082
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$16,022
($8,739–$23,304)
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$41,359
All-in investment$994,592

Gross yield (asking)

8.3%

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.

$4.8M$3.6M$2.4M$1.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $795K
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 19: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$967K
+22%
Rental Income
+$174K
Total Position
$1.1M
+44%
7.5%/yr
Year 10
Capital Value
$1.2M
+48%
Rental Income
+$376K
Total Position
$1.6M
+95%
6.9%/yr
Year 20
Capital Value
$1.7M
+119%
Rental Income
+$880K
Total Position
$2.6M
+230%
6.1%/yr
Year 30
Capital Value
$2.6M
+224%
Rental Income
+$1.6M
Total Position
$4.1M
+420%
5.7%/yr

Location

Olhão

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
4.1% annual return
Occupancy
Average
47% average occupancy
Nightly Rate
Strong
$380 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
682 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $380 — positioned in the top tier
Generous 682 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
Yield of 4.1% 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.
3.5%
$2,510/mo
40% occ.
4.7%
$3,389/mo
47% occ.
5.6%
$4,038/mo
current
57% occ.
6.8%
$4,917/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.