Launch offer — 3 months free free, no card

Terraced house in Rua do Cirurgião, 11, Cidade de Lagoa, Lagoa e Carvoeiro
Terraced house in Rua do Cirurgião, 11, Cidade de Lagoa, Lagoa e Carvoeiro — image 2Terraced house in Rua do Cirurgião, 11, Cidade de Lagoa, Lagoa e Carvoeiro — image 3Terraced house in Rua do Cirurgião, 11, Cidade de Lagoa, Lagoa e Carvoeiro — image 4Terraced house in Rua do Cirurgião, 11, Cidade de Lagoa, Lagoa e Carvoeiro — image 5
Grade B+villamid-range

Terraced house in Rua do Cirurgião, 11, Cidade de Lagoa, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€1.3M

Asking Price (EUR)

5.8%

True Net Yield (Owner, all-in)

4.1%

True Net Yield (Managed, all-in)

7.2%

True Gross Yield

45%

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: €109,218/yr
Average Daily Rate: €661
-10.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%)
Payback Period: 23.0 years
5-yr Capital Value: €1.5M
10-yr Capital Value: €1.7M
Brixfox Score: 65.8 / 100
Comparable Properties: 8
Data Confidence: 58%
Search Radius: 6 km

True Investment Cost

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

€1.5M

+16.8% over asking

Asking price€1.3M
IMT — Property transfer tax (investment schedule)€97,425
IS — Stamp duty (0.8%)€10,392
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€19,485
Total acquisition costs€128,552
Renovation (est. €55/m² × 844 m²)
Light touch-ups — paint, fixtures, deep clean.		€46,420
(€25,320–€67,520)
Furnishing & STR launch (5bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€42,900
All-in investment (incl. renovation & furnishing)€1.5M

Gross yield (asking price)

8.4%

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.

Bedrooms: 5
Bathrooms: 6
Building: 844 m²
Land: 367 m²
Style: portuguese-traditional
Condition: good
Year Built: 2006

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

coffered ceilingsornate wooden doorsfireplace

Score Breakdown

ROI
16.02
Visual Appeal
8.2
Ownership Security
13
Location
10.56
Land & Space
6.45
Rental Demand
4.53
Payback Speed
3
STR Suitability
4

Description

T4+1 bi-family villa located in Lagoa, Algarve, consisting of a main villa and an independent 3-bedroom apartment, offering a versatile solution for family living, investment or additional rental income. The villa is distributed over several floors and features a functional layout. The main living area includes spaciou

Location

📍 37.1347°N, 8.4537°W

· Lagoa/Carvoeiro, Algarve, Portugal

Visit Branco Real Estate →Listed via Idealista.pt
5-bedroom freehold villa in Lagoa/Carvoeiro — photo 1 of 5
Branco Real Estate
5-bedroom freehold villa in Lagoa/Carvoeiro — photo 2 of 5
5-bedroom freehold villa in Lagoa/Carvoeiro — photo 3 of 5
5-bedroom freehold villa in Lagoa/Carvoeiro — photo 4 of 5
5-bedroom freehold villa in Lagoa/Carvoeiro — photo 5 of 5

Terraced house in Rua do Cirurgião, 11, Cidade de Lagoa, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve · Ref BF-92 Source verified · Branco Real Estate · listed 3 Jun 2026
Asking price · Freehold
$1,411,957
View original listing
Ownership
Freehold
Bedrooms
5
Bathrooms
6
Built area
844 m²
Land
367 m²
True net yield
4.3%
≈ $9,459/mo net after costs & tax
5-yr total return (net + appreciation)
10.8% / yr avg
Payback in ~23 yrs from rent
Brixfox Score 66 · 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: 2006
Condition: good

Description

T4+1 bi-family villa located in Lagoa, Algarve, consisting of a main villa and an independent 3-bedroom apartment, offering a versatile solution for family living, investment or additional rental income. The villa is distributed over several floors and features a functional layout. The main living area includes spaciou

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)
$929/night
50% ($427)Brixfox estimate($929/night)200% ($1710)
Occupancy
45%
10%Brixfox estimate(45%)100%

Short-Term Rental

Indicative
Yearly income
$73,916
Likely range $44,350 – $103,483
Airbnb data$929/night · 45% occupancy
Rental income
$929/night · 45% occ.
$142,147
Running costs (20%)
Utilities, cleaning, maintenance
-$28,429
Income tax (10%)
Indonesian rental income tax
-$39,801
Property tax
Annual property tax
-$0
Net income
5.2% ROI
$73,916

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

4.3%

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

Scenario
Pre-tax
After-tax
Owner-managed
7.2%
6.4%
Fully-managed
5.1%
4.3%
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

9.0%

Annual Revenue

$142,147

Income Tax / yr

$12,438

Payback

23 yrs

True All-In Cost
Asking price$1,411,957
IMT — transfer tax (non-resident 7.5%)$105,897
Stamp duty (0.8%)$11,296
Notary + registry$2,174
Legal$13,370
Furnishing + STR launch$27,174
All-in cost$1,571,866

Growth & Exit Strategy

How your investment grows over time

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

$8.6M$6.4M$4.3M$2.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.3M
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 16: 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
$1.6M
+22%
Rental Income
+$361K
Total Position
$1.9M
+49%
8.4%/yr
Year 10
Capital Value
$1.9M
+48%
Rental Income
+$780K
Total Position
$2.7M
+108%
7.6%/yr
Year 20
Capital Value
$2.8M
+119%
Rental Income
+$1.8M
Total Position
$4.7M
+260%
6.6%/yr
Year 30
Capital Value
$4.2M
+224%
Rental Income
+$3.2M
Total Position
$7.4M
+473%
6.0%/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
5.2% annual return
Occupancy
Average
45% average occupancy
Nightly Rate
Strong
$855 per night
Visual Appeal
Average
4/10 instagrammability
Size & Space
Good
367 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $855 — 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 45% — 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.
5.0%
$5,934/mo
40% occ.
6.7%
$7,913/mo
45% occ.
7.6%
$8,955/mo
current
55% occ.
9.3%
$10,933/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.