Detached house in Porches, Lagoa (Algarve)
Lagoa/Carvoeiro · Central Algarve ·
€890,000
Asking Price (EUR)
4.7%
True Net Yield (Owner, all-in)
3.2%
True Net Yield (Managed, all-in)
7.2%
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.
-3.0% vs area baselineImage quality 5/10 (-6%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€1.0M
+15.1% over asking
| Asking price | €890,000 |
| IMT — Property transfer tax (investment schedule) | €53,400 |
| IS — Stamp duty (0.8%) | €7,120 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €13,350 |
| Total acquisition costs | €75,120 |
| Renovation (est. €55/m² × 398 m²) Light touch-ups — paint, fixtures, deep clean. | €21,890 (€11,940–€31,840) |
| Furnishing & STR launch (4bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €37,550 |
| All-in investment (incl. renovation & furnishing) | €1.0M |
Gross yield (asking price)
8.2%
True gross yield (all-in)
7.2%
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
Great opportunity to acquire a renovated farmhouse, ideally located between Lagoa and Porches in the Algarve. The property extends over a plot of 32,230 m², including 300 m² of covered area and 31,930 m² of uncovered area. The land is rustic/urban in nature. Renovated housing: the quinta has been completely rethoug
Location
📍 37.1410°N, 8.4054°W
· Lagoa/Carvoeiro, Algarve, Portugal