T2 flat in Rua Manuel Tomé Viegas Vaz, 6, Baixa, Olhão
T2 flat in Rua Manuel Tomé Viegas Vaz, 6, Baixa, Olhão — image 2T2 flat in Rua Manuel Tomé Viegas Vaz, 6, Baixa, Olhão — image 3T2 flat in Rua Manuel Tomé Viegas Vaz, 6, Baixa, Olhão — image 4T2 flat in Rua Manuel Tomé Viegas Vaz, 6, Baixa, Olhão — image 5
apartmentmid-range

T2 flat in Rua Manuel Tomé Viegas Vaz, 6, Baixa, Olhão

Olhão · Eastern Algarve ·

€310,000

Asking Price (EUR)

Limited comps — indicative only

Revenue projections are based on limited comparable data (0 comps, low confidence).

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.2 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

True Investment Cost

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

€363,847

+17.4% over asking

Asking price€310,000
IMT — Property transfer tax (investment schedule)€12,697
IS — Stamp duty (0.8%)€2,480
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,650
Total acquisition costs€21,077
Renovation (est. €55/m² × 144)
Light touch-ups — paint, fixtures, deep clean.
€7,920
(€4,320€11,520)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€24,850
All-in investment (incl. renovation & furnishing)€363,847

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: 2
Bathrooms: 2
Building: 144
Style: contemporary
Condition: good
Year Built: 2011
Energy Certificate: In process
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

modern ceiling light fixtureeclectic art collectionglass dining table

Description

Located in the Ondas do Mar condominium, right in the city center, this 2-bedroom apartment stands out for its prime location — just a short walk from the traditional markets, the marina, and the ferry terminal to the islands of Ria Formosa. Ideal as a permanent residence or as an investment. Key features: •Unbeatable

Location

📍 37.0264°N, 7.8384°W

· Olhão, Algarve, Portugal

T2 flat in Rua Manuel Tomé Viegas Vaz, 6, Baixa, Olhão
Idealista.pt
Source verified

T2 flat in Rua Manuel Tomé Viegas Vaz, 6, Baixa, Olhão

Olhão · Eastern Algarve · Freehold · Ref BF-4044
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
144 m²
True net yield
0.0%
0

Property details

Year built: 2011
Energy: In process
Condition: good

Description

Located in the Ondas do Mar condominium, right in the city center, this 2-bedroom apartment stands out for its prime location — just a short walk from the traditional markets, the marina, and the ferry terminal to the islands of Ria Formosa. Ideal as a permanent residence or as an investment. Key features: •Unbeatable

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Short-Term Rental

No STR data available for this property

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Olhão.

$1.1M$814K$543K$271K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Today: $310K
Capital appreciation
Property value growing at +4%/yr based on Olhão market trends.
Year 5
Capital Value
$377K
+22%
Year 10
Capital Value
$459K
+48%
Year 20
Capital Value
$679K
+119%
Year 30
Capital Value
$1.0M
+224%

Location

Olhão

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
0.0% annual return
Occupancy
Weak
0% average occupancy
Nightly Rate
Weak
$0 per night
Visual Appeal
Good
6/10 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 0.0% is below the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

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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.

Asking price · Freehold
$336,957
0.0%
Net yield
View original listing
Source verified · Idealista.pt · listed 3 May 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.