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

Terraced house, N398, 4, Centro, Quelfes

Olhão · Eastern Algarve ·

€630,000

Asking Price (EUR)

6.1%

True Net Yield (Owner, all-in)

4.2%

True Net Yield (Managed, all-in)

8.0%

True Gross Yield

61%

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: €57,427/yr
Average Daily Rate: 258
+15.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%)
Payback Period: 24.4 years
5-yr Capital Value: €730,343
10-yr Capital Value: €846,667
Brixfox Score: 66.3 / 100
Comparable Properties: 8
Data Confidence: 63%
Search Radius: 4 km

True Investment Cost

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

€718,670

+14.1% over asking

Asking price€630,000
IMT — Property transfer tax (investment schedule)€38,230
IS — Stamp duty (0.8%)€5,040
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,450
Total acquisition costs€53,970
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€34,700
All-in investment (incl. renovation & furnishing)€718,670

Gross yield (asking price)

9.1%

True gross yield (all-in)

8.0%

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: 1
Building: 268
Land: 140
Style: modern
Condition: excellent
Year Built: 2011
Energy Certificate: A
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

rooftop solar panelsprivate plunge poolsmall private garden with seatingmodern facade with wood accents

Score Breakdown

ROI
15.3
Visual Appeal
13.6
Ownership Security
13
Location
8.4
Land & Space
2.94
Rental Demand
6.09
Payback Speed
3
STR Suitability
4

Description

Terraced house with ERA Warranty, comprising 3 floors, basement, ground floor and first floor. In the 78m² basement, there is a storage area and two spacious rooms with natural light. On the ground floor, there is a 17m² garage with direct access to the house, a 38.50m² open-plan living and dining room with a 16m² kitc

Location

📍 37.0584°N, 7.8207°W

· Olhão, Algarve, Portugal

3-bedroom freehold villa in Olhão — photo 1 of 5
ERA Olhão
3-bedroom freehold villa in Olhão — photo 2 of 5
3-bedroom freehold villa in Olhão — photo 3 of 5
3-bedroom freehold villa in Olhão — photo 4 of 5
3-bedroom freehold villa in Olhão — photo 5 of 5

Terraced house, N398, 4, Centro, Quelfes

Olhão · Eastern Algarve · Ref BF-269 Source verified · ERA Olhão · listed 3 Jun 2026
Asking price · Freehold
$684,783
Inquire — direct to agent
Ownership
Freehold
Bedrooms
3
Bathrooms
1
Built area
268 m²
Land
140 m²
Gross yield
9.4%
Est. ADR
$355/night
Occupancy
61%
Brixfox Score 66 · B+Financial analysis ↓

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Property details

Year built: 2011
Energy: A
Condition: excellent

Description

Terraced house with ERA Warranty, comprising 3 floors, basement, ground floor and first floor. In the 78m² basement, there is a storage area and two spacious rooms with natural light. On the ground floor, there is a 17m² garage with direct access to the house, a 38.50m² open-plan living and dining room with a 16m² kitc

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 the expected BOOKED rate — nearby asking prices corrected by the AirDNA-measured asking-to-booked factor (~−33% on Bali). Occupancy is calibrated against AirDNA reference homes nearby. 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 +45% · Low Jan -30%
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· 8.6% of price, auto-calculated
$58,663
IMT (transfer tax, investment schedule)$41,554
Imposto de Selo (stamp duty)$5,478
Notary & registration$1,359
Legal fees$10,272
Renovation budget· Move-in ready. No renovation budgeted.
Furniture & STR launch· default ≈ $11,848/bedroom
All-in investment
$778,989
+13.8% 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.

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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

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
4.1% net yield on all-in cost
Occupancy
Good
61% average occupancy
Nightly Rate
Strong
$327 per night
Visual Appeal
Good
7/10 visual appeal
Size & Space
Weak
140 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

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Risks & What-If

What if occupancy changes?

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

Sensitivity analysis requires Pro
Turnkey Management

Your property, professionally managed

Buying from abroad? You won't lift a finger. A vetted local management partner is already connected to this listing — ready to run it as a short-stay rental from day one, so the Managed projections above are something you can actually rely on.

Vetted by Brixfox 8+ yrs operating 110+ properties managed ~2h guest response

Atlantic Stays Management

Vetted

Alojamento Local management, Lisbon to the Algarve

22%
Management fee
of rental revenue — already in your Managed figures

End-to-end AL management for international owners. We handle the licence, the platforms and the guests so your second home pays for itself.

What the fee covers

  • Listing setup & optimisation (Airbnb, Booking.com, VRBO)
  • Dynamic pricing & revenue management
  • 24/7 multilingual guest communication
  • Guided check-in / check-out & key handling
  • Professional cleaning, laundry & restocking
  • Maintenance & repairs coordination
  • Monthly owner statements & payouts
  • Guest screening & damage protection
  • Alojamento Local (AL) licence handling & renewals
  • SEF/AIMA guest registration & tourist-tax filing
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Source verified · ERA Olhão

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Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.