Launch offer — 3 months free free, no card

Terraced house in Rua de Vale do Milho, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro
Terraced house in Rua de Vale do Milho, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 2Terraced house in Rua de Vale do Milho, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 3Terraced house in Rua de Vale do Milho, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 4Terraced house in Rua de Vale do Milho, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 5
Grade B+villaluxury

Terraced house in Rua de Vale do Milho, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€590,000

Asking Price (EUR)

5.8%

True Net Yield (Owner, all-in)

4.0%

True Net Yield (Managed, all-in)

7.7%

True Gross Yield

54%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.8 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: €52,624/yr
Average Daily Rate: €269
+33.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%), Luxury finish (+8%)
Payback Period: 24.8 years
5-yr Capital Value: €683,972
10-yr Capital Value: €792,911
Brixfox Score: 71.2 / 100
Comparable Properties: 38
Data Confidence: 93%
Search Radius: 2 km

True Investment Cost

Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.

€684,300

+16.0% over asking

Asking price€590,000
IMT — Property transfer tax (investment schedule)€35,030
IS — Stamp duty (0.8%)€4,720
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,850
Total acquisition costs€49,850
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€44,450
All-in investment (incl. renovation & furnishing)€684,300

Gross yield (asking price)

8.9%

True gross yield (all-in)

7.7%

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.

Bedrooms: 2
Bathrooms: 2
Building: 240 m²
Style: contemporary
Condition: excellent
Year Built: 2018
Energy Certificate: B
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

multiple private poolsterraced gardensmodern architectural linesbalconies and outdoor living spaces

Score Breakdown

ROI
15.09
Visual Appeal
14.2
Ownership Security
13
Location
10.56
Land & Space
6
Rental Demand
5.36
Payback Speed
3
STR Suitability
4

Description

Discover this elegant, south-facing luxury semi-detached house in the prestigious Vale de Milho Village in Carvoeiro – an exclusive, gated 5-star resort comprising just 32 residences, beautifully landscaped gardens, a natural lake, and excellent facilities. This property blends comfort, luxury, and a carefree lifestyle

Location

📍 37.0989°N, 8.4470°W

· Lagoa/Carvoeiro, Algarve, Portugal

View this property on Fado Real Estate →Listed via Idealista.pt
2-bedroom freehold villa in Lagoa/Carvoeiro — photo 1 of 5
Fado Real Estate
2-bedroom freehold villa in Lagoa/Carvoeiro — photo 2 of 5
2-bedroom freehold villa in Lagoa/Carvoeiro — photo 3 of 5
2-bedroom freehold villa in Lagoa/Carvoeiro — photo 4 of 5
2-bedroom freehold villa in Lagoa/Carvoeiro — photo 5 of 5

Terraced house in Rua de Vale do Milho, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve · Ref BF-4853 Source verified · Fado Real Estate · listed 2 Jun 2026
Asking price · Freehold
$641,304
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
240 m²
True net yield
4.0%
≈ $4,345/mo net after costs & tax
5-yr total return (net + appreciation)
11.1% / yr avg
Payback in ~25 yrs from rent
Brixfox Score 71 · 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

Loading Map...

Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Year built: 2018
Energy: B
Condition: excellent

Description

Discover this elegant, south-facing luxury semi-detached house in the prestigious Vale de Milho Village in Carvoeiro – an exclusive, gated 5-star resort comprising just 32 residences, beautifully landscaped gardens, a natural lake, and excellent facilities. This property blends comfort, luxury, and a carefree lifestyle

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)
$379/night
50% ($174)Brixfox estimate($379/night)200% ($697)
Occupancy
54%
10%Brixfox estimate(54%)100%

Short-Term Rental

Indicative
Yearly income
$35,718
Likely range $21,430 – $50,005
Airbnb data$379/night · 54% occupancy
Rental income
$379/night · 54% occ.
$68,688
Running costs (20%)
Utilities, cleaning, maintenance
-$13,738
Income tax (10%)
Indonesian rental income tax
-$19,233
Property tax
Annual property tax
-$0
Net income
5.6% ROI
$35,718

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

4.0%

on all-in cost of $731,768

Scenario
Pre-tax
After-tax
Owner-managed
7.1%
6.3%
Fully-managed
4.8%
4.0%
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

9.4%

Annual Revenue

$68,688

Income Tax / yr

$6,010

Payback

25 yrs

True All-In Cost
Asking price$641,304
IMT — transfer tax (non-resident 7.5%)$48,098
Stamp duty (0.8%)$5,130
Notary + registry$2,174
Legal$7,888
Furnishing + STR launch$27,174
All-in cost$731,768

Growth & Exit Strategy

How your investment grows over time

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

$4.0M$3.0M$2.0M$1000K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $590K
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 15: 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
$718K
+22%
Rental Income
+$174K
Total Position
$892K
+51%
8.6%/yr
Year 10
Capital Value
$873K
+48%
Rental Income
+$377K
Total Position
$1.3M
+112%
7.8%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$883K
Total Position
$2.2M
+269%
6.7%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$1.6M
Total Position
$3.5M
+489%
6.1%/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.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.6% annual return
Occupancy
Average
54% average occupancy
Nightly Rate
Strong
$349 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $349 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 54% — factor in seasonal gaps

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

34% occ.
5.1%
$2,713/mo
44% occ.
6.6%
$3,520/mo
54% occ.
8.1%
$4,327/mo
current
64% occ.
9.6%
$5,134/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.