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Terraced house in Rua do Casino, Centro de Carvoeiro, Lagoa e Carvoeiro
Terraced house in Rua do Casino, Centro de Carvoeiro, Lagoa e Carvoeiro — image 2Terraced house in Rua do Casino, Centro de Carvoeiro, Lagoa e Carvoeiro — image 3Terraced house in Rua do Casino, Centro de Carvoeiro, Lagoa e Carvoeiro — image 4Terraced house in Rua do Casino, Centro de Carvoeiro, Lagoa e Carvoeiro — image 5
Grade Bvillabudget

Terraced house in Rua do Casino, Centro de Carvoeiro, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€795,000

Asking Price (EUR)

3.9%

True Net Yield (Owner, all-in)

2.6%

True Net Yield (Managed, all-in)

5.3%

True Gross Yield

46%

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: €52,092/yr
Average Daily Rate: €309
-12.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 35.6 years
5-yr Capital Value: €921,623
10-yr Capital Value: €1.1M
Brixfox Score: 64.1 / 100
Comparable Properties: 13
Data Confidence: 84%
Search Radius: 2 km

True Investment Cost

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

€983,435

+23.7% over asking

Asking price€795,000
IMT — Property transfer tax (investment schedule)€47,700
IS — Stamp duty (0.8%)€6,360
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€11,925
Total acquisition costs€67,235
Renovation (est. €900/m² × 110 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€99,000
(€77,000–€121,000)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€22,200
All-in investment (incl. renovation & furnishing)€983,435

Gross yield (asking price)

6.5%

True gross yield (all-in)

5.3%

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: 3
Bathrooms: 1
Building: 110 m²
Land: 419 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: NaN
Energy Certificate: In process
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional portuguese architecturesea view

Score Breakdown

ROI
10.84
Visual Appeal
9.4
Ownership Security
13
Location
10.56
Land & Space
10.7
Rental Demand
4.63
Payback Speed
1
STR Suitability
4

Description

The decision whether to renovate and expand the old traditional house in Carvoeiro or to demolish it and build 4-6 apartments depends on various factors. The house was built before 1951 and features five different rooms and a large garden ("Quintal"). From the roof, there is a fantastic sea view, and the location is ex

Location

📍 37.0967°N, 8.4731°W

· Lagoa/Carvoeiro, Algarve, Portugal

View this property on Algarvacation.com Lda. Mediação Imobiliária →Listed via Idealista.pt
3-bedroom freehold villa in Lagoa/Carvoeiro — photo 1 of 5
Algarvacation.com Lda. Mediação Imobiliária
3-bedroom freehold villa in Lagoa/Carvoeiro — photo 2 of 5
3-bedroom freehold villa in Lagoa/Carvoeiro — photo 3 of 5
3-bedroom freehold villa in Lagoa/Carvoeiro — photo 4 of 5
3-bedroom freehold villa in Lagoa/Carvoeiro — photo 5 of 5

Terraced house in Rua do Casino, Centro de Carvoeiro, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve · Ref BF-4941 Source verified · Algarvacation.com Lda. Mediação Imobiliária · listed 2 Jun 2026
Asking price · Freehold
$864,130
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
1
Built area
110 m²
Land
419 m²
True net yield
2.8%
≈ $4,146/mo net after costs & tax
5-yr total return (net + appreciation)
9.6% / yr avg
Payback in ~36 yrs from rent
Brixfox Score 64 · 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: NaN
Energy: In process
Condition: needs-renovation

Description

The decision whether to renovate and expand the old traditional house in Carvoeiro or to demolish it and build 4-6 apartments depends on various factors. The house was built before 1951 and features five different rooms and a large garden ("Quintal"). From the roof, there is a fantastic sea view, and the location is ex

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)
$434/night
50% ($200)Brixfox estimate($434/night)200% ($798)
Occupancy
46%
10%Brixfox estimate(46%)100%

Short-Term Rental

Indicative
Yearly income
$35,255
Likely range $21,153 – $49,358
Airbnb data$434/night · 46% occupancy
Rental income
$434/night · 46% occ.
$67,799
Running costs (20%)
Utilities, cleaning, maintenance
-$13,560
Income tax (10%)
Indonesian rental income tax
-$18,984
Property tax
Annual property tax
-$0
Net income
4.1% ROI
$35,255

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

2.8%

on all-in cost of $975,830

Scenario
Pre-tax
After-tax
Owner-managed
5.1%
4.5%
Fully-managed
3.4%
2.8%
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

7.0%

Annual Revenue

$67,799

Income Tax / yr

$5,933

Payback

36 yrs

True All-In Cost
Asking price$864,130
IMT — transfer tax (non-resident 7.5%)$64,810
Stamp duty (0.8%)$6,913
Notary + registry$2,174
Legal$10,629
Furnishing + STR launch$27,174
All-in cost$975,830

Growth & Exit Strategy

How your investment grows over time

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

$4.7M$3.6M$2.4M$1.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $795K
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 19: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$967K
+22%
Rental Income
+$172K
Total Position
$1.1M
+43%
7.5%/yr
Year 10
Capital Value
$1.2M
+48%
Rental Income
+$372K
Total Position
$1.5M
+95%
6.9%/yr
Year 20
Capital Value
$1.7M
+119%
Rental Income
+$872K
Total Position
$2.6M
+229%
6.1%/yr
Year 30
Capital Value
$2.6M
+224%
Rental Income
+$1.5M
Total Position
$4.1M
+418%
5.6%/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
4.1% annual return
Occupancy
Average
46% average occupancy
Nightly Rate
Strong
$399 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Good
419 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $399 — 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 4.1% 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

30% occ.
3.8%
$2,770/mo
40% occ.
5.1%
$3,694/mo
46% occ.
5.9%
$4,272/mo
current
56% occ.
7.2%
$5,195/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.