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Terraced house in Rua Bombeiros Voluntários de Lagos, 22, Centro, Lagos
Terraced house in Rua Bombeiros Voluntários de Lagos, 22, Centro, Lagos — image 2Terraced house in Rua Bombeiros Voluntários de Lagos, 22, Centro, Lagos — image 3Terraced house in Rua Bombeiros Voluntários de Lagos, 22, Centro, Lagos — image 4Terraced house in Rua Bombeiros Voluntários de Lagos, 22, Centro, Lagos — image 5
Grade C+villabudget

Terraced house in Rua Bombeiros Voluntários de Lagos, 22, Centro, Lagos

Lagos · Western Algarve ·

€465,000

Asking Price (EUR)

4.2%

True Net Yield (Owner, all-in)

2.7%

True Net Yield (Managed, all-in)

6.0%

True Gross Yield

57%

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: €35,607/yr
Average Daily Rate: €171
-38.0% vs area baselineImage quality 4/10 (-9%), Dated style (-15%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 34.3 years
5-yr Capital Value: €539,062
10-yr Capital Value: €624,921
Brixfox Score: 51.5 / 100
Comparable Properties: 100
Data Confidence: 98%
Search Radius: 2 km

True Investment Cost

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

€593,725

+27.7% over asking

Asking price€465,000
IMT — Property transfer tax (investment schedule)€25,030
IS — Stamp duty (0.8%)€3,720
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,975
Total acquisition costs€36,975
Renovation (est. €900/m² × 81 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€72,900
(€56,700–€89,100)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€18,850
All-in investment (incl. renovation & furnishing)€593,725

Gross yield (asking price)

7.7%

True gross yield (all-in)

6.0%

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: 2
Bathrooms: 3
Building: 81 m²
Land: 54 m²
Style: dated
Condition: needs-renovation
Year Built: 1977
Energy Certificate: E
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
11.22
Visual Appeal
4.4
Ownership Security
13
Location
10.44
Land & Space
1.75
Rental Demand
5.7
Payback Speed
1
STR Suitability
4

Description

Located at one of the busiest entrances to the historic center of Lagos, by the iconic Porta da Piedade, this property is a unique opportunity for those seeking an investment with strong potential in one of the Algarve’s most vibrant cities. The townhouse is spread over three floors: Top floor: two bedrooms and a ful

Location

📍 37.0975°N, 8.6715°W

· Lagos, Algarve, Portugal

View this property on ERA Almancil →Listed via Idealista.pt
2-bedroom freehold villa in Lagos — photo 1 of 5
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2-bedroom freehold villa in Lagos — photo 5 of 5

Terraced house in Rua Bombeiros Voluntários de Lagos, 22, Centro, Lagos

Lagos · Western Algarve · Ref BF-1679 Source verified · ERA Almancil · listed 3 Jun 2026
Asking price · Freehold
$505,435
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
3
Built area
81 m²
Land
54 m²
True net yield
2.9%
≈ $2,733/mo net after costs & tax
5-yr total return (net + appreciation)
10.3% / yr avg
Payback in ~34 yrs from rent
Brixfox Score 52 · C+

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

Year built: 1977
Energy: E
Condition: needs-renovation

Description

Located at one of the busiest entrances to the historic center of Lagos, by the iconic Porta da Piedade, this property is a unique opportunity for those seeking an investment with strong potential in one of the Algarve’s most vibrant cities. The townhouse is spread over three floors: Top floor: two bedrooms and a ful

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)
$241/night
50% ($111)Brixfox estimate($241/night)200% ($443)
Occupancy
57%
10%Brixfox estimate(57%)100%

Short-Term Rental

Indicative
Yearly income
$24,117
Likely range $14,470 – $33,763
Airbnb data$241/night · 57% occupancy
Rental income
$241/night · 57% occ.
$46,378
Running costs (20%)
Utilities, cleaning, maintenance
-$9,276
Income tax (10%)
Indonesian rental income tax
-$12,986
Property tax
Annual property tax
-$0
Net income
4.8% ROI
$24,117

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

2.9%

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

Scenario
Pre-tax
After-tax
Owner-managed
5.6%
4.9%
Fully-managed
3.6%
2.9%
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

8.0%

Annual Revenue

$46,378

Income Tax / yr

$4,058

Payback

34 yrs

True All-In Cost
Asking price$505,435
IMT — transfer tax (non-resident 7.5%)$37,908
Stamp duty (0.8%)$4,043
Notary + registry$2,174
Legal$6,217
Furnishing + STR launch$27,174
All-in cost$582,951

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Lagos.

$2.9M$2.2M$1.5M$737K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $465K
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 17: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$566K
+22%
Rental Income
+$118K
Total Position
$684K
+47%
8.0%/yr
Year 10
Capital Value
$688K
+48%
Rental Income
+$254K
Total Position
$943K
+103%
7.3%/yr
Year 20
Capital Value
$1.0M
+119%
Rental Income
+$596K
Total Position
$1.6M
+247%
6.4%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$1.1M
Total Position
$2.6M
+451%
5.9%/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
Average
4.8% annual return
Occupancy
Average
57% average occupancy
Nightly Rate
Strong
$221 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Weak
54 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $221 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.8% is near the market average — model your cashflow carefully

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

37% occ.
4.5%
$1,897/mo
47% occ.
5.7%
$2,409/mo
57% occ.
6.9%
$2,922/mo
current
67% occ.
8.2%
$3,434/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.