Detached house, Urbanização da Passagem, Centro de Parchal, Estômbar e Parchal
Lagoa/Carvoeiro · Central Algarve ·
€700,000
Asking Price (EUR)
5.8%
True Net Yield (Owner, all-in)
4.0%
True Net Yield (Managed, all-in)
8.9%
True Gross Yield
66%
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.
-12.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%), Budget finish (-12%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€1.0M
+48.6% over asking
| Asking price | €700,000 |
| IMT — Property transfer tax (investment schedule) | €42,000 |
| IS — Stamp duty (0.8%) | €5,600 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €10,500 |
| Total acquisition costs | €59,350 |
| Renovation (est. €900/m² × 280 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €252,000 (€196,000–€308,000) |
| Furnishing & STR launch (5bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €28,900 |
| All-in investment (incl. renovation & furnishing) | €1.0M |
Gross yield (asking price)
13.3%
True gross yield (all-in)
8.9%
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
We are pleased to present this villa in need of renovation, situated in a quiet and sought-after area of Ferragudo, in the municipality of Lagoa. Set on a generous plot of 615 m² and with a total floor area of 280 m², this property offers enormous potential for renovation and enhancement. The villa features 5 bedrooms,
Location
📍 37.1337°N, 8.5164°W
· Lagoa/Carvoeiro, Algarve, Portugal