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Terraced house in Urbanização Terraços de Benagil, Caramujeira - Vale d'El Rei - Benagil, Lagoa e Carvoeiro
Terraced house in Urbanização Terraços de Benagil, Caramujeira - Vale d'El Rei - Benagil, Lagoa e Carvoeiro — image 2Terraced house in Urbanização Terraços de Benagil, Caramujeira - Vale d'El Rei - Benagil, Lagoa e Carvoeiro — image 3Terraced house in Urbanização Terraços de Benagil, Caramujeira - Vale d'El Rei - Benagil, Lagoa e Carvoeiro — image 4Terraced house in Urbanização Terraços de Benagil, Caramujeira - Vale d'El Rei - Benagil, Lagoa e Carvoeiro — image 5
Grade Bvillamid-range

Terraced house in Urbanização Terraços de Benagil, Caramujeira - Vale d'El Rei - Benagil, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€595,000

Asking Price (EUR)

4.8%

True Net Yield (Owner, all-in)

3.2%

True Net Yield (Managed, all-in)

6.6%

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: €44,596/yr
Average Daily Rate: €213
+3.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%), Has view (+10%)
Payback Period: 32.0 years
5-yr Capital Value: €689,768
10-yr Capital Value: €799,630
Brixfox Score: 62 / 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.

€678,100

+14.0% over asking

Asking price€595,000
IMT — Property transfer tax (investment schedule)€35,430
IS — Stamp duty (0.8%)€4,760
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,925
Total acquisition costs€50,365
Renovation (est. €55/m² × 107 m²)
Light touch-ups — paint, fixtures, deep clean.		€5,885
(€3,210–€8,560)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€26,850
All-in investment (incl. renovation & furnishing)€678,100

Gross yield (asking price)

7.5%

True gross yield (all-in)

6.6%

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: 107 m²
Land: 69 m²
Style: portuguese-traditional
Condition: good
Year Built: 2003
Energy Certificate: D
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional portuguese chimneyazulejo-style wall lanternrooftop terrace with sea view

Score Breakdown

ROI
11.92
Visual Appeal
12.8
Ownership Security
13
Location
10.56
Land & Space
1.96
Rental Demand
5.74
Payback Speed
2
STR Suitability
4

Description

Excellent two-storey, two-bedroom semi-detached villa on the Benagil Terraces, within walking distance of Benagil Beach and Carvalho, in Lagoa, Algarve The villa is developed on two floors: Ground Floor: - Garden and Terrace; -Living room; -Kitchen; - Bathroom. 1st Floor: - 2 bedrooms, one of them Ensuite with Bathr

Location

📍 37.0940°N, 8.4720°W

· Lagoa/Carvoeiro, Algarve, Portugal

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2-bedroom freehold villa in Lagoa/Carvoeiro — photo 5 of 5

Terraced house in Urbanização Terraços de Benagil, Caramujeira - Vale d'El Rei - Benagil, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve · Ref BF-4613 Source verified · City Home Imobiliária · listed 2 Jun 2026
Asking price · Freehold
$646,739
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
3
Built area
107 m²
Land
69 m²
True net yield
3.1%
≈ $3,535/mo net after costs & tax
5-yr total return (net + appreciation)
10.2% / yr avg
Payback in ~32 yrs from rent
Brixfox Score 62 · B

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

Lagoa/Carvoeiro

Central Algarve, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Year built: 2003
Energy: D
Condition: good

Description

Excellent two-storey, two-bedroom semi-detached villa on the Benagil Terraces, within walking distance of Benagil Beach and Carvalho, in Lagoa, Algarve The villa is developed on two floors: Ground Floor: - Garden and Terrace; -Living room; -Kitchen; - Bathroom. 1st Floor: - 2 bedrooms, one of them Ensuite with Bathr

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)
$299/night
50% ($138)Brixfox estimate($299/night)200% ($551)
Occupancy
57%
10%Brixfox estimate(57%)100%

Short-Term Rental

Indicative
Yearly income
$30,189
Likely range $18,113 – $42,264
Airbnb data$299/night · 57% occupancy
Rental income
$299/night · 57% occ.
$58,055
Running costs (20%)
Utilities, cleaning, maintenance
-$11,611
Income tax (10%)
Indonesian rental income tax
-$16,256
Property tax
Annual property tax
-$0
Net income
4.7% ROI
$30,189

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

3.1%

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

Scenario
Pre-tax
After-tax
Owner-managed
5.8%
5.1%
Fully-managed
3.8%
3.1%
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

7.9%

Annual Revenue

$58,055

Income Tax / yr

$5,079

Payback

32 yrs

True All-In Cost
Asking price$646,739
IMT — transfer tax (non-resident 7.5%)$48,505
Stamp duty (0.8%)$5,174
Notary + registry$2,174
Legal$7,955
Furnishing + STR launch$27,174
All-in cost$737,722

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Lagoa/Carvoeiro.

$3.7M$2.8M$1.9M$935K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $595K
Capital appreciation
Property value growing at +4%/yr based on Lagoa/Carvoeiro 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
$724K
+22%
Rental Income
+$147K
Total Position
$871K
+46%
7.9%/yr
Year 10
Capital Value
$881K
+48%
Rental Income
+$318K
Total Position
$1.2M
+102%
7.3%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$746K
Total Position
$2.1M
+245%
6.4%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$1.3M
Total Position
$3.3M
+446%
5.8%/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

Ask Brixfox AI

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
4.7% annual return
Occupancy
Average
57% average occupancy
Nightly Rate
Strong
$275 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
69 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $275 — 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 4.7% 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.
4.4%
$2,383/mo
47% occ.
5.6%
$3,020/mo
57% occ.
6.8%
$3,657/mo
current
67% occ.
8.0%
$4,295/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.