Terraced house in Rua dos Pescadores, 41, Centro de Carvoeiro, Lagoa e Carvoeiro
Terraced house in Rua dos Pescadores, 41, Centro de Carvoeiro, Lagoa e Carvoeiro — image 2Terraced house in Rua dos Pescadores, 41, Centro de Carvoeiro, Lagoa e Carvoeiro — image 3Terraced house in Rua dos Pescadores, 41, Centro de Carvoeiro, Lagoa e Carvoeiro — image 4Terraced house in Rua dos Pescadores, 41, Centro de Carvoeiro, Lagoa e Carvoeiro — image 5
Grade C+villabudget

Terraced house in Rua dos Pescadores, 41, Centro de Carvoeiro, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€700,000

Asking Price (EUR)

2.5%

True Net Yield (Owner, all-in)

1.7%

True Net Yield (Managed, all-in)

3.9%

True Gross Yield

36%

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: €35,969/yr
Average Daily Rate: €270
-31.0% vs area baselineImage quality 3/10 (-12%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 24.3 years
5-yr Capital Value: €919,790
10-yr Capital Value: €1.1M
Brixfox Score: 54.8 / 100
Comparable Properties: 15
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.

€926,450

+32.4% over asking

Asking price€700,000
IMT — Property transfer tax (investment schedule)€42,000
IS — Stamp duty (0.8%)€5,600
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€10,500
Total acquisition costs€59,350
Renovation (est. €900/m² × 161 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€144,900
(€112,700–€177,100)
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)€926,450

Gross yield (asking price)

5.1%

True gross yield (all-in)

3.9%

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: 161 m²
Land: 161 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1950
Energy Certificate: Not specified

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional wooden shuttersornate iron window grillescobblestone street

Score Breakdown

ROI
14.11
Visual Appeal
5.6
Ownership Security
13
Location
10.56
Land & Space
3.91
Rental Demand
3.65
Payback Speed
1
STR Suitability
3

Description

House to Renovate 180 meters from Carvoeiro Beach - Unique Opportunity at Rua dos Pescadores, 41 ‘This is where I learnt to listen to the sea with my eyes closed... ’ Discover this house to enlarge, located on Rua dos Pescadores, no. 41, just 180 meters from Carvoeiro Beach. This property is a blank canvas for those

Location

📍 37.0940°N, 8.4720°W

· Lagoa/Carvoeiro, Algarve, Portugal

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Lagoa/Carvoeiro / Central Algarve

Terraced house in Rua dos Pescadores, 41, Centro de Carvoeiro, Lagoa e Carvoeiro

Inventory
3 Beds
Bathrooms
1 Baths
Built Area
161 m²
Land Plot
161 m²
Tenure
Freehold
Yield Curve Status

Grade C+ investment — short-term rental yields 3.4% net return annually.

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The Investment

Brixfox Score55
GradeC+
Brixfox Intelligence
55C+Moderate
Score Breakdown
ROI & Yield61%
Capital Growth58%
Risk Profile57%
Market Demand55%

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
+8.9%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$193K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
3.4%
$2,143/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
29.6 yr
Rental only

Property details

Year built: 1950
Energy: Not specified
Condition: needs-renovation

Description

House to Renovate 180 meters from Carvoeiro Beach - Unique Opportunity at Rua dos Pescadores, 41 ‘This is where I learnt to listen to the sea with my eyes closed... ’ Discover this house to enlarge, located on Rua dos Pescadores, no. 41, just 180 meters from Carvoeiro Beach. This property is a blank canvas for those

Income Breakdown

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Nightly Rate (ADR)
$391/night
50% ($180)Brixfox estimate($391/night)200% ($719)
Occupancy
36%
10%Brixfox estimate(36%)100%

Short-Term Rental

Yearly income
$25,714
Airbnb data$391/night · 36% occupancy
Rental income
$391/night · 36% occ.
$52,010
Running costs (20%)
Utilities, cleaning, maintenance
-$10,402
Income tax (10%)
Indonesian rental income tax
-$14,563
Property tax
Annual property tax
-$1,332
Net income
3.4% ROI
$25,714

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$760,870
IMT (transfer tax, investment schedule)$45,652
Imposto de Selo (stamp duty)$6,087
Notary & registration$1,359
Legal / due diligence$11,413
Total acquisition costs$64,511
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$157,500
($122,500–$192,500)
Furnishing & STR launch
3bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$21,957
All-in investment$1,004,837

Gross yield (asking)

6.8%

True gross yield (all-in)

5.2%

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 Lagoa/Carvoeiro.

$3.9M$2.9M$2.0M$976K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $700K
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 22: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$852K
+22%
Rental Income
+$126K
Total Position
$977K
+40%
6.9%/yr
Year 10
Capital Value
$1.0M
+48%
Rental Income
+$271K
Total Position
$1.3M
+87%
6.4%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$636K
Total Position
$2.2M
+210%
5.8%/yr
Year 30
Capital Value
$2.3M
+224%
Rental Income
+$1.1M
Total Position
$3.4M
+385%
5.4%/yr

Location

Lagoa/Carvoeiro

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
3.4% annual return
Occupancy
Weak
36% average occupancy
Nightly Rate
Strong
$360 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Average
161 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $360 — 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 3.4% 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%
$2,385/mo
40% occ.
5.1%
$3,217/mo
36% occ.
4.6%
$2,923/mo
current
46% occ.
5.9%
$3,755/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.