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Detached house in Travessa do Penhasco, 3, Centro, Lagos
Detached house in Travessa do Penhasco, 3, Centro, Lagos — image 2Detached house in Travessa do Penhasco, 3, Centro, Lagos — image 3Detached house in Travessa do Penhasco, 3, Centro, Lagos — image 4Detached house in Travessa do Penhasco, 3, Centro, Lagos — image 5
Grade Avillamid-range

Detached house in Travessa do Penhasco, 3, Centro, Lagos

Lagos · Western Algarve ·

€590,000

Asking Price (EUR)

10.2%

True Net Yield (Owner, all-in)

7.3%

True Net Yield (Managed, all-in)

12.5%

True Gross Yield

62%

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: €85,038/yr
Average Daily Rate: €376
+3.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%), Has view (+10%)
Payback Period: 13.3 years
5-yr Capital Value: €683,972
10-yr Capital Value: €792,911
Brixfox Score: 76.5 / 100
Comparable Properties: 50
Data Confidence: 95%
Search Radius: 2 km

True Investment Cost

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

€678,045

+14.9% over asking

Asking price€590,000
IMT — Property transfer tax (investment schedule)€35,030
IS — Stamp duty (0.8%)€4,720
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,850
Total acquisition costs€49,850
Renovation (est. €55/m² × 109 m²)
Light touch-ups — paint, fixtures, deep clean.		€5,995
(€3,270–€8,720)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€678,045

Gross yield (asking price)

14.4%

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: 3
Bathrooms: 1
Building: 109 m²
Land: 108 m²
Style: portuguese-traditional
Condition: good
Energy Certificate: E
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

exposed wooden beams and ceilingtraditional Portuguese tilesrooftop terrace

Score Breakdown

ROI
23.98
Visual Appeal
10.8
Ownership Security
13
Location
10.44
Land & Space
3.05
Rental Demand
6.2
Payback Speed
5
STR Suitability
4

Description

TYPICAL HOUSE, HISTORIC CENTRE, LAGOS For Sale: Typical Portuguese Refurbished House with 4 Bedrooms in the Historic Centre of Lagos Discover this charming refurbished house, with authentic Portuguese aesthetics, located in the heart of the historic centre of Lagos. With a perfect combination of tradition and moderni

Location

📍 37.1035°N, 8.6742°W

· Lagos, Algarve, Portugal

View this property on CENTURY 21 Universe →Listed via Idealista.pt
3-bedroom freehold villa in Lagos — photo 1 of 5
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Detached house in Travessa do Penhasco, 3, Centro, Lagos

Lagos · Western Algarve · Ref BF-1271 Source verified · CENTURY 21 Universe · listed 3 Jun 2026
Asking price · Freehold
$641,304
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
1
Built area
109 m²
Land
108 m²
True net yield
7.5%
≈ $7,534/mo net after costs & tax
5-yr total return (net + appreciation)
14.5% / yr avg
Payback in ~13 yrs from rent
Brixfox Score 77 · 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

Finding Airbnb comps...

Property details

Energy: E
Condition: good

Description

TYPICAL HOUSE, HISTORIC CENTRE, LAGOS For Sale: Typical Portuguese Refurbished House with 4 Bedrooms in the Historic Centre of Lagos Discover this charming refurbished house, with authentic Portuguese aesthetics, located in the heart of the historic centre of Lagos. With a perfect combination of tradition and moderni

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)
$528/night
50% ($243)Brixfox estimate($528/night)200% ($972)
Occupancy
62%
10%Brixfox estimate(62%)100%

Short-Term Rental

Indicative
Yearly income
$57,583
Likely range $34,550 – $80,616
Airbnb data$528/night · 62% occupancy
Rental income
$528/night · 62% occ.
$110,737
Running costs (20%)
Utilities, cleaning, maintenance
-$22,147
Income tax (10%)
Indonesian rental income tax
-$31,006
Property tax
Annual property tax
-$0
Net income
9.0% ROI
$57,583

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

7.5%

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
12.3%
11.0%
Fully-managed
8.8%
7.5%
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

15.1%

Annual Revenue

$110,737

Income Tax / yr

$9,689

Payback

13 yrs

True All-In Cost
Asking price$641,304
IMT — transfer tax (non-resident 7.5%)$48,098
Stamp duty (0.8%)$5,130
Notary + registry$2,174
Legal$7,888
Furnishing + STR launch$27,174
All-in cost$731,768

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Lagos.

$5.1M$3.8M$2.5M$1.3M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $590K
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 10: 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
$718K
+22%
Rental Income
+$281K
Total Position
$999K
+69%
11.1%/yr
Year 10
Capital Value
$873K
+48%
Rental Income
+$607K
Total Position
$1.5M
+151%
9.6%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$1.4M
Total Position
$2.7M
+360%
7.9%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$2.5M
Total Position
$4.4M
+652%
7.0%/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
9.0% annual return
Occupancy
Good
62% average occupancy
Nightly Rate
Strong
$486 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
108 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.0% — outperforms most villas in this market
Premium nightly rate of $486 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Compact plot at 108 m² — limited expansion potential

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

42% occ.
8.8%
$4,727/mo
52% occ.
11.0%
$5,852/mo
62% occ.
13.1%
$6,976/mo
current
72% occ.
15.2%
$8,101/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.