Terraced house in Rua Almirante Reis, 44, Baixa, Olhão
Terraced house in Rua Almirante Reis, 44, Baixa, Olhão — image 2Terraced house in Rua Almirante Reis, 44, Baixa, Olhão — image 3Terraced house in Rua Almirante Reis, 44, Baixa, Olhão — image 4Terraced house in Rua Almirante Reis, 44, Baixa, Olhão — image 5
Grade Bvillamid-range

Terraced house in Rua Almirante Reis, 44, Baixa, Olhão

Olhão · Eastern Algarve ·

€990,000

Asking Price (EUR)

Net yield — free account

True Net Yield (after-tax, all-in)

4.7%

True Gross Yield

52%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 3.6 months ago and is currently at 30% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.79, occupancy cap 68%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €52,320/yr
Average Daily Rate: 276
+3.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%), Has view (+10%)
5-yr Capital Value: €1.1M
10-yr Capital Value: €1.3M
Brixfox Score: 58.5 / 100
Comparable Properties: 23
Data Confidence: 97%
Search Radius: 2 km

True Investment Cost

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

€1.1M

+13.2% over asking

Asking price€990,000
IMT — Property transfer tax (investment schedule)€59,400
IS — Stamp duty (0.8%)€7,920
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€14,850
Total acquisition costs€83,420
Renovation (est. €55/m² × 174)
Light touch-ups — paint, fixtures, deep clean.
€9,570
(€5,220€13,920)
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€37,550
All-in investment (incl. renovation & furnishing)€1.1M

Gross yield (asking price)

5.3%

True gross yield (all-in)

4.7%

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: 4
Bathrooms: 2
Building: 174
Style: portuguese-traditional
Condition: good
Year Built: NaN
Energy Certificate: B
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

rooftop terracetraditional Portuguese tiles (azulejos)ornate architectural detailsbalconies with wrought iron railings

Score Breakdown

ROI
9.23
Visual Appeal
12.8
Ownership Security
13
Location
7.8
Land & Space
5.48
Rental Demand
5.2
Payback Speed
1
STR Suitability
4

Description

This expansive townhouse, located in the vibrant historic district of downtown Olhão, has been meticulously refurbished to the highest standards. Featuring top-quality materials, it beautifully preserves the original charm of the property, showcasing stylish details such as high ceilings and carefully restored or repro

Location

📍 37.0260°N, 7.8410°W

Approximate location — mapped to the centre of Olhão

· Olhão, Algarve, Portugal

4-bedroom freehold villa in Olhão — photo 1 of 5
eXp Global Portugal
4-bedroom freehold villa in Olhão — photo 2 of 5
4-bedroom freehold villa in Olhão — photo 3 of 5
4-bedroom freehold villa in Olhão — photo 4 of 5
4-bedroom freehold villa in Olhão — photo 5 of 5

Terraced house in Rua Almirante Reis, 44, Baixa, Olhão

Olhão · Eastern Algarve · Ref BF-26600 Source verified · eXp Global Portugal · listed 3 Jun 2026
Asking price · Freehold
€990,000
Inquire — direct to agent
Ownership
Freehold
Bedrooms
4
Bathrooms
2
Built area
174 m²
Gross yield
4.7%
Est. ADR
€276/night
Occupancy
52%
Brixfox Score 59 · BFinancial analysis ↓

Unlock full financial data

Get revenue, ROI calculations, AI audits, and investment scores for every property.

Property details

Year built: NaN
Energy: B
Condition: good

Description

This expansive townhouse, located in the vibrant historic district of downtown Olhão, has been meticulously refurbished to the highest standards. Featuring top-quality materials, it beautifully preserves the original charm of the property, showcasing stylish details such as high ceilings and carefully restored or repro

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager whose commission includes the OTA/channel listing (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission but pays the OTA host fee directly — and your own time.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
Awaiting comparable data
Gross yield · all-in basis
Before tax in your home country and financing costs. Estimates, not financial advice.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR is on the ASKING-price basis — the nightly rates nearby hosts list at, not yet corrected to booked rates (Portugal's calendar dataset is young), so treat it as an optimistic upper bound. Occupancy is annualised from the observed comp window. Comp cards below show raw asking prices.
Expected ADR
Asking-price basis
Expected occupancy
Projected annual revenue
ADR × occupancy × 365
Comp data observed in USD · converted at €0.92/$
Seasonal occupancy pattern
Peak Aug +50% · Low Dec -41%
J
F
M
A
M
J
J
A
S
O
N
D
Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
Acquisition costs· 8.4% of price, auto-calculated
€83,420
IMT (transfer tax, investment schedule)€59,400
Imposto de Selo (stamp duty)€7,920
Notary & registration€1,250
Legal fees€14,850
Renovation budget· Light touch-ups — paint, fixtures, deep clean.
Furniture & STR launch· default ≈ €8,888/bedroom
All-in investment
€1,118,540
+13.0% over asking
The P&L needs a revenue basis from comparable listings — it appears once comp data is available.

Total return estimate

OptionalNet yield plus an appreciation assumption you choose. Appreciation is a forward-looking assumption, not data — which is why it defaults to 0% and is kept out of the yield figures above.
Annual appreciation assumption0%
0%3.5% · Olhão 5-yr avg — historical, not a forecast8%
Indicative total return
/yr
+ 0% appreciation
Appreciation assumptions are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

2 of 2 free AI questions left — Pro is unlimited.

Where it sits — and the comps around it

The Airbnb listings behind the market evidence above, on the map.

Location

Olhão

Eastern Algarve, Approximate area

Loading Map...

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
1.7% net yield on all-in cost
Occupancy
Average
52% average occupancy
Nightly Rate
Good
€276 per night
Visual Appeal
Good
7/10 visual appeal
Size & Space
Weak
0 m² land area
AL Licence
Pending
Not verified — confirm AL registration before purchase
Tenure
Strong
Freehold ownership

Upgrade to Pro to see full scorecard analysis

Risks & What-If

What if occupancy changes?

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost

Sensitivity analysis requires Pro

Interested in this property?

Your inquiry goes directly to the listing agent — with your Brixfox analysis attached, so you arrive as a qualified buyer, not a cold email. Brixfox adds no fee.

Source verified · eXp Global Portugal

We forward your message and analysis to the listing agency and keep a copy to follow up. No spam, no fee.

Data Sources & Methodology

ROI calculations use Brixfox Intelligence rental data from live Airbnb calendar tracking — the Algarve dataset has been live since March 2026, seasonality-adjusted to a full-year estimate with a conservative calibration while it matures. Operating costs are modelled per line (management, channel fees, cleaning, utilities, IMI, maintenance, insurance). After-tax yields deduct non-resident IRS on AL income under the simplified regime (~8.75% of gross); buyer-side IMT and stamp duty are included in the all-in cost basis. Market factors in Portugal may impact actual yields.