Detached house in Rua Doutor Ernesto Cabrita, 7, Cidade de Lagoa, Lagoa e Carvoeiro
Lagoa/Carvoeiro · Central Algarve ·
€450,000
Asking Price (EUR)
11.4%
True Net Yield (Owner, all-in)
7.9%
True Net Yield (Managed, all-in)
17.5%
True Gross Yield
57%
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.
-15.0% vs area baselineImage quality 5/10 (-6%), 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.
€760,680
+69.0% over asking
| Asking price | €450,000 |
| IMT — Property transfer tax (investment schedule) | €23,830 |
| IS — Stamp duty (0.8%) | €3,600 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €6,750 |
| Total acquisition costs | €35,430 |
| Renovation (est. €900/m² × 270 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €243,000 (€189,000–€297,000) |
| Furnishing & STR launch (6bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €32,250 |
| All-in investment (incl. renovation & furnishing) | €760,680 |
Gross yield (asking price)
29.7%
True gross yield (all-in)
17.5%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
Score Breakdown
Description
I present to you this century-old house, of traditional construction and prior to 1951, in the heart of Lagoa. This is a diversified property, both in terms of housing, and also featuring a garage and a large commercial space. Property with great potential, which can be transformed into a hostel, boutique hotel or sur
Location
📍 37.1349°N, 8.4563°W
· Lagoa/Carvoeiro, Algarve, Portugal