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Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos
Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos — image 2Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos — image 3Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos — image 4Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos — image 5
Grade Avillabudget

Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos

Lagos · Western Algarve ·

€250,000

Asking Price (EUR)

9.6%

True Net Yield (Owner, all-in)

6.5%

True Net Yield (Managed, all-in)

12.5%

True Gross Yield

59%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.9 months ago and is currently at 24% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.77, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €42,685/yr
Average Daily Rate: €200
Payback Period: 13.5 years
5-yr Capital Value: €289,819
10-yr Capital Value: €335,979
Brixfox Score: 75.3 / 100
Comparable Properties: 93
Data Confidence: 99%
Search Radius: 2 km

True Investment Cost

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

€341,747

+36.7% over asking

Asking price€250,000
IMT — Property transfer tax (investment schedule)€8,497
IS — Stamp duty (0.8%)€2,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,750
Total acquisition costs€15,497
Renovation (est. €900/m² × 61 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€54,900
(€42,700–€67,100)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€21,350
All-in investment (incl. renovation & furnishing)€341,747

Gross yield (asking price)

17.1%

True gross yield (all-in)

12.5%

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: 1
Building: 61 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1951
Energy Certificate: Exempt
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

rooftop poolhistoric urban settingsea views

Score Breakdown

ROI
23.78
Visual Appeal
10
Ownership Security
13
Location
10.44
Land & Space
3.22
Rental Demand
5.86
Payback Speed
5
STR Suitability
4

Description

Excellent investment opportunity in the heart of Lagos’ historic centre, just a few meters from the city’s iconic walls. This house for renovation is located in one of the most authentic and sought-after areas of the Algarve, where history, charm and proximity to the sea come together in a unique setting. With great p

Location

📍 37.1019°N, 8.6752°W

· Lagos, Algarve, Portugal

Visit Century21 Realty Art 2 →Listed via Idealista.pt
2-bedroom freehold villa in Lagos — photo 1 of 5
Century21 Realty Art 2
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Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos

Lagos · Western Algarve · Ref BF-1167 Source verified · Century21 Realty Art 2 · listed 2 Jun 2026
Asking price · Freehold
$271,739
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
1
Built area
61 m²
True net yield
7.4%
≈ $3,569/mo net after costs & tax
5-yr total return (net + appreciation)
16.2% / yr avg
Payback in ~14 yrs from rent
Brixfox Score 75 · A

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Lagos

Western Algarve, Approximate area

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Airbnb Comp Analysis

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Property details

Year built: 1951
Energy: Exempt
Condition: needs-renovation

Description

Excellent investment opportunity in the heart of Lagos’ historic centre, just a few meters from the city’s iconic walls. This house for renovation is located in one of the most authentic and sought-after areas of the Algarve, where history, charm and proximity to the sea come together in a unique setting. With great p

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.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$281/night
50% ($129)Brixfox estimate($281/night)200% ($516)
Occupancy
59%
10%Brixfox estimate(59%)100%

Short-Term Rental

Indicative
Yearly income
$28,901
Likely range $17,340 – $40,461
Airbnb data$281/night · 59% occupancy
Rental income
$281/night · 59% occ.
$55,578
Running costs (20%)
Utilities, cleaning, maintenance
-$11,116
Income tax (10%)
Indonesian rental income tax
-$15,562
Property tax
Annual property tax
-$0
Net income
10.6% ROI
$28,901

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

7.4%

on all-in cost of $327,652

Scenario
Pre-tax
After-tax
Owner-managed
13.1%
11.6%
Fully-managed
8.9%
7.4%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

17.0%

Annual Revenue

$55,578

Income Tax / yr

$4,863

Payback

14 yrs

True All-In Cost
Asking price$271,739
IMT — transfer tax (non-resident 7.5%)$20,380
Stamp duty (0.8%)$2,174
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$327,652

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Lagos.

$2.4M$1.8M$1.2M$597K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $250K
Capital appreciation
Property value growing at +4%/yr based on Lagos 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 9: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$304K
+22%
Rental Income
+$141K
Total Position
$445K
+78%
12.2%/yr
Year 10
Capital Value
$370K
+48%
Rental Income
+$305K
Total Position
$675K
+170%
10.4%/yr
Year 20
Capital Value
$548K
+119%
Rental Income
+$714K
Total Position
$1.3M
+405%
8.4%/yr
Year 30
Capital Value
$811K
+224%
Rental Income
+$1.3M
Total Position
$2.1M
+730%
7.3%/yr
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
Visit Atlantic Stays Management

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

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
10.6% annual return
Occupancy
Average
59% average occupancy
Nightly Rate
Strong
$258 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 10.6% — outperforms most villas in this market
Premium nightly rate of $258 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 59% — 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

39% occ.
10.2%
$2,306/mo
49% occ.
12.8%
$2,904/mo
59% occ.
15.5%
$3,501/mo
current
69% occ.
18.1%
$4,099/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. Market factors in Portugal may impact actual yields.