Terraced house in Rua João Paulo II, 1, Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro
Lagoa/Carvoeiro · Central Algarve ·
€587,000
Asking Price (EUR)
7.6%
True Net Yield (Owner, all-in)
5.2%
True Net Yield (Managed, all-in)
11.7%
True Gross Yield
56%
Occupancy
Projections — conservative (data maturing)
Our Airbnb calendar dataset started 0.9 months ago and is currently at 7% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.72, occupancy cap 66%) 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.
€689,841
+17.5% over asking
| Asking price | €587,000 |
| IMT — Property transfer tax (investment schedule) | €34,790 |
| IS — Stamp duty (0.8%) | €4,696 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €8,805 |
| Total acquisition costs | €49,541 |
| Renovation | €0 — move-in ready |
| Furnishing & STR launch (3bd × €8000 base, luxury tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €53,300 |
| All-in investment (incl. renovation & furnishing) | €689,841 |
Gross yield (asking price)
13.7%
True gross yield (all-in)
11.7%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
Score Breakdown
Description
Monte Santo Resort in Carvoeiro is in perfect harmony with nature, designed to offer a perfect balance between comfort and relaxed luxury. It is a family destination, ideal for relaxing near the beach, with access to various sports and leisure activities. It is 2 km from the center of Carvoeiro, 4 km from Lagoa and is
Location
📍 37.1054°N, 8.4699°W
· Lagoa/Carvoeiro, Algarve, Portugal