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Terraced house in Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro
Terraced house in Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 2Terraced house in Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 3Terraced house in Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 4Terraced house in Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 5
Grade B+villamid-range

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

Lagoa/Carvoeiro · Central Algarve ·

€430,000

Asking Price (EUR)

6.4%

True Net Yield (Owner, all-in)

4.2%

True Net Yield (Managed, all-in)

8.5%

True Gross Yield

49%

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: €42,632/yr
Average Daily Rate: €238
+15.0% vs area baselinePortuguese-traditional style (+5%), Has pool (0%), Has ocean (+10%)
Payback Period: 23.8 years
5-yr Capital Value: €498,488
10-yr Capital Value: €577,884
Brixfox Score: 66.9 / 100
Comparable Properties: 43
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.

€500,365

+16.4% over asking

Asking price€430,000
IMT — Property transfer tax (investment schedule)€22,230
IS — Stamp duty (0.8%)€3,440
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,450
Total acquisition costs€33,370
Renovation (est. €55/m² × 139 m²)
Light touch-ups — paint, fixtures, deep clean.		€7,645
(€4,170–€11,120)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€29,350
All-in investment (incl. renovation & furnishing)€500,365

Gross yield (asking price)

9.9%

True gross yield (all-in)

8.5%

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.

Bedrooms: 2
Bathrooms: 2
Building: 139 m²
Land: 139 m²
Style: portuguese-traditional
Condition: good
Year Built: 1999
Energy Certificate: Not indicated
Private Pool
ocean

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional white stucco architecturearched windowstiled roofsfireplace

Score Breakdown

ROI
15.63
Visual Appeal
12.2
Ownership Security
13
Location
10.56
Land & Space
3.56
Rental Demand
4.91
Payback Speed
3
STR Suitability
4

Description

Charming 2-bedroom terraced house next to the golf course, near Carvoeiro • 2 bedrooms, 2 bathrooms, 1 guest WC • Built in 1999 • Living area 139 m², usable area 113 m² • Communal pool • Walking distance to the golf course • Distance to the beach 1.5 km The property offers superb views and features a private garden a

Location

📍 37.0947°N, 8.4461°W

· Lagoa/Carvoeiro, Algarve, Portugal

View this property on Togofor Homes →Listed via Idealista.pt
2-bedroom freehold villa in Lagoa/Carvoeiro — photo 1 of 5
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2-bedroom freehold villa in Lagoa/Carvoeiro — photo 5 of 5

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

Lagoa/Carvoeiro · Central Algarve · Ref BF-66426 Source verified · Togofor Homes · listed 1 Jun 2026
Asking price · Freehold
$467,391
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
139 m²
Land
139 m²
True net yield
4.2%
≈ $3,446/mo net after costs & tax
5-yr total return (net + appreciation)
11.7% / yr avg
Payback in ~24 yrs from rent
Brixfox Score 67 · 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

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Property details

Year built: 1999
Energy: Not indicated
Condition: good
View: ocean

Description

Charming 2-bedroom terraced house next to the golf course, near Carvoeiro • 2 bedrooms, 2 bathrooms, 1 guest WC • Built in 1999 • Living area 139 m², usable area 113 m² • Communal pool • Walking distance to the golf course • Distance to the beach 1.5 km The property offers superb views and features a private garden a

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)
$335/night
50% ($154)Brixfox estimate($335/night)200% ($616)
Occupancy
49%
10%Brixfox estimate(49%)100%

Short-Term Rental

Indicative
Yearly income
$28,850
Likely range $17,310 – $40,390
Airbnb data$335/night · 49% occupancy
Rental income
$335/night · 49% occ.
$55,482
Running costs (20%)
Utilities, cleaning, maintenance
-$11,096
Income tax (10%)
Indonesian rental income tax
-$15,535
Property tax
Annual property tax
-$0
Net income
6.2% ROI
$28,850

Investment Returns

After-tax net yield · all-in cost basis

Exact location

Net Yield · Fully-Managed · After Tax

4.2%

on all-in cost of $541,282

Scenario
Pre-tax
After-tax
Owner-managed
7.6%
6.7%
Fully-managed
5.1%
4.2%
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

10.3%

Annual Revenue

$55,482

Income Tax / yr

$4,854

Payback

24 yrs

True All-In Cost
Asking price$467,391
IMT — transfer tax (non-resident 7.5%)$35,054
Stamp duty (0.8%)$3,739
Notary + registry$2,174
Legal$5,749
Furnishing + STR launch$27,174
All-in cost$541,282

Growth & Exit Strategy

How your investment grows over time

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

$3.1M$2.3M$1.5M$764K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $430K
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 14: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$523K
+22%
Rental Income
+$141K
Total Position
$664K
+54%
9.1%/yr
Year 10
Capital Value
$637K
+48%
Rental Income
+$304K
Total Position
$941K
+119%
8.1%/yr
Year 20
Capital Value
$942K
+119%
Rental Income
+$713K
Total Position
$1.7M
+285%
7.0%/yr
Year 30
Capital Value
$1.4M
+224%
Rental Income
+$1.3M
Total Position
$2.7M
+518%
6.3%/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
Good
6.2% annual return
Occupancy
Average
49% average occupancy
Nightly Rate
Strong
$308 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
139 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $308 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 49% — 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

30% occ.
5.5%
$2,137/mo
40% occ.
7.3%
$2,849/mo
49% occ.
9.0%
$3,495/mo
current
59% occ.
10.8%
$4,208/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.