Detached house in Rua da Boa Amizade, 20, Odiáxere
Detached house in Rua da Boa Amizade, 20, Odiáxere — image 2Detached house in Rua da Boa Amizade, 20, Odiáxere — image 3Detached house in Rua da Boa Amizade, 20, Odiáxere — image 4Detached house in Rua da Boa Amizade, 20, Odiáxere — image 5
Grade B+villabudget

Detached house in Rua da Boa Amizade, 20, Odiáxere

Lagos · Western Algarve ·

€475,000

Asking Price (EUR)

5.9%

True Net Yield (Owner, all-in)

4.1%

True Net Yield (Managed, all-in)

9.1%

True Gross Yield

52%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 17% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.75, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €56,364/yr
Average Daily Rate: €295
-42.0% vs area baselineImage quality 6/10 (-3%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 10.5 years
5-yr Capital Value: €624,143
10-yr Capital Value: €759,365
Brixfox Score: 67.7 / 100
Comparable Properties: 4
Data Confidence: 50%
Search Radius: 6 km

True Investment Cost

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

€621,855

+30.9% over asking

Asking price€475,000
IMT — Property transfer tax (investment schedule)€25,830
IS — Stamp duty (0.8%)€3,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,125
Total acquisition costs€38,005
Renovation (est. €350/m² × 238 m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		€83,300
(€59,500–€107,100)
Furnishing & STR launch (4bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€25,550
All-in investment (incl. renovation & furnishing)€621,855

Gross yield (asking price)

11.9%

True gross yield (all-in)

9.1%

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: 4
Bathrooms: 3
Building: 238 m²
Land: 159 m²
Style: dated
Condition: fair
Year Built: 1983
Energy Certificate: E

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
22.4
Visual Appeal
8.2
Ownership Security
13
Location
8.4
Land & Space
3.43
Rental Demand
5.24
Payback Speed
4
STR Suitability
3

Description

4 BEDROOM HOUSE WITH GARAGE IN ODIÁXERE, LAGOS CENTURY 21 UNIVERSE exclusively presents a house with 4 bedrooms, an annex and a garage, in a quiet area, located in the picturesque village of Odiáxere, just a short distance from the cities of Lagos and Portimão. This property offers a perfect combination of space and l

Location

📍 37.1450°N, 8.7010°W

· Lagos, Algarve, Portugal

View on CENTURY 21 Universe →Also on Idealista.pt
Idealista.pt
Lagos / Western Algarve

Detached house in Rua da Boa Amizade, 20, Odiáxere

Inventory
4 Beds
Bathrooms
3 Baths
Built Area
238 m²
Land Plot
159 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 8.0% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score68
GradeB+
Brixfox Intelligence
68B+Strong
Score Breakdown
ROI & Yield75%
Capital Growth71%
Risk Profile70%
Market Demand68%

The Brixfox Score is our proprietary AI-powered rating that evaluates rental ROI, capital appreciation potential, risk factors, and local market dynamics to give you a single investment quality metric.

Pro members get full score breakdown with AI recommendations
Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+13.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$131K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.0%
$3,454/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
12.5 yr
Rental only

Property details

Year built: 1983
Energy: E
Condition: fair

Description

4 BEDROOM HOUSE WITH GARAGE IN ODIÁXERE, LAGOS CENTURY 21 UNIVERSE exclusively presents a house with 4 bedrooms, an annex and a garage, in a quiet area, located in the picturesque village of Odiáxere, just a short distance from the cities of Lagos and Portimão. This property offers a perfect combination of space and l

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$426/night
50% ($196)Brixfox estimate($426/night)200% ($783)
Occupancy
52%
10%Brixfox estimate(52%)100%

Short-Term Rental

Yearly income
$41,445
Airbnb data$426/night · 52% occupancy
Rental income
$426/night · 52% occ.
$81,439
Running costs (20%)
Utilities, cleaning, maintenance
-$16,288
Income tax (10%)
Indonesian rental income tax
-$22,803
Property tax
Annual property tax
-$904
Net income
8.0% ROI
$41,445

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

True all-in investment

What the headline asking price actually costs once mandatory taxes, fees, renovation, and furnishing are added. Yields rebased onto this number — closer to what you'll really earn against what you'll really pay.

Asking price$516,304
IMT (transfer tax, investment schedule)$28,076
Imposto de Selo (stamp duty)$4,130
Notary & registration$1,359
Legal / due diligence$7,745
Total acquisition costs$41,310
Renovation (~$380/m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		$90,543
($64,674–$116,413)
Furnishing & STR launch
4bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$25,598
All-in investment$673,755

Gross yield (asking)

15.8%

True gross yield (all-in)

12.1%

Estimates use Portugal's standard transfer tax + typical legal/notary defaults. Verify with local counsel before committing — actual fees vary by deal structure.

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Lagos.

$3.9M$2.9M$1.9M$964K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $475K
Capital appreciation
Property value growing at +4%/yr based on Lagos 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 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$578K
+22%
Rental Income
+$202K
Total Position
$780K
+64%
10.4%/yr
Year 10
Capital Value
$703K
+48%
Rental Income
+$437K
Total Position
$1.1M
+140%
9.2%/yr
Year 20
Capital Value
$1.0M
+119%
Rental Income
+$1.0M
Total Position
$2.1M
+335%
7.6%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$1.8M
Total Position
$3.4M
+606%
6.7%/yr

Location

Lagos

Western Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

No nearby Airbnb listings found

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
Strong
8.0% annual return
Occupancy
Average
52% average occupancy
Nightly Rate
Strong
$392 per night
Visual Appeal
Average
4/10 instagrammability
Size & Space
Average
159 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 8.0% — outperforms most villas in this market
Premium nightly rate of $392 — 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 52% — 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

32% occ.
6.7%
$2,863/mo
42% occ.
8.8%
$3,769/mo
52% occ.
10.9%
$4,675/mo
current
62% occ.
13.0%
$5,581/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. Includes 10% Indonesian rental tax (PPh) and annual property tax (PBB). Market factors in Portugal may impact actual yields.