Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos
Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos — image 2Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos — image 3Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos — image 4Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos — image 5
Grade Avillabudget

Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos

Lagos · Western Algarve ·

€250,000

Asking Price (EUR)

7.7%

True Net Yield (Owner, all-in)

5.4%

True Net Yield (Managed, all-in)

11.9%

True Gross Yield

59%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.5 months ago and is currently at 12% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €40,706/yr
Average Daily Rate: €190
Payback Period: 7.5 years
5-yr Capital Value: €328,496
10-yr Capital Value: €399,666
Brixfox Score: 75.5 / 100
Comparable Properties: 93
Data Confidence: 99%
Search Radius: 2 km

True Investment Cost

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

€341,747

+36.7% over asking

Asking price€250,000
IMT — Property transfer tax (investment schedule)€8,497
IS — Stamp duty (0.8%)€2,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,750
Total acquisition costs€15,497
Renovation (est. €900/m² × 61 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€54,900
(€42,700–€67,100)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€21,350
All-in investment (incl. renovation & furnishing)€341,747

Gross yield (asking price)

16.3%

True gross yield (all-in)

11.9%

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: 2
Bathrooms: 1
Building: 61 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1951
Energy Certificate: Exempt
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

rooftop poolhistoric urban settingsea views

Score Breakdown

ROI
25
Visual Appeal
10
Ownership Security
13
Location
10.44
Land & Space
3.22
Rental Demand
5.86
Payback Speed
5
STR Suitability
3

Description

Excellent investment opportunity in the heart of Lagos’ historic centre, just a few meters from the city’s iconic walls. This house for renovation is located in one of the most authentic and sought-after areas of the Algarve, where history, charm and proximity to the sea come together in a unique setting. With great p

Location

📍 37.1019°N, 8.6752°W

· Lagos, Algarve, Portugal

View on Century21 Realty Art 2 →Also on Idealista.pt
Idealista.pt
Lagos / Western Algarve

Terraced house in Rua do Canal, 9, Centro, Lagos Cidade, Lagos

Inventory
2 Beds
Bathrooms
1 Baths
Built Area
61 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 11.3% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score76
GradeA
Brixfox Intelligence
76AExcellent
Score Breakdown
ROI & Yield84%
Capital Growth80%
Risk Profile77%
Market Demand76%

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
+16.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$69K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
11.3%
$2,561/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
6 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
8.8 yr
Rental only

Property details

Year built: 1951
Energy: Exempt
Condition: needs-renovation

Description

Excellent investment opportunity in the heart of Lagos’ historic centre, just a few meters from the city’s iconic walls. This house for renovation is located in one of the most authentic and sought-after areas of the Algarve, where history, charm and proximity to the sea come together in a unique setting. With great p

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$281/night
50% ($129)Brixfox estimate($281/night)200% ($516)
Occupancy
59%
10%Brixfox estimate(59%)100%

Short-Term Rental

Yearly income
$30,737
Airbnb data$281/night · 59% occupancy
Rental income
$281/night · 59% occ.
$60,024
Running costs (20%)
Utilities, cleaning, maintenance
-$12,005
Income tax (10%)
Indonesian rental income tax
-$16,807
Property tax
Annual property tax
-$476
Net income
11.3% ROI
$30,737

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$271,739
IMT (transfer tax, investment schedule)$9,236
Imposto de Selo (stamp duty)$2,174
Notary & registration$1,359
Legal / due diligence$4,076
Total acquisition costs$16,845
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$59,674
($46,413–$72,935)
Furnishing & STR launch
2bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$21,033
All-in investment$369,290

Gross yield (asking)

22.1%

True gross yield (all-in)

16.3%

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.

$2.5M$1.9M$1.2M$620K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $250K
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 8: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$304K
+22%
Rental Income
+$150K
Total Position
$454K
+82%
12.7%/yr
Year 10
Capital Value
$370K
+48%
Rental Income
+$324K
Total Position
$694K
+178%
10.8%/yr
Year 20
Capital Value
$548K
+119%
Rental Income
+$760K
Total Position
$1.3M
+423%
8.6%/yr
Year 30
Capital Value
$811K
+224%
Rental Income
+$1.3M
Total Position
$2.2M
+762%
7.4%/yr

Location

Lagos

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
11.3% annual return
Occupancy
Average
59% average occupancy
Nightly Rate
Strong
$258 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 11.3% — outperforms most villas in this market
Premium nightly rate of $258 — 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 59% — 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

39% occ.
10.0%
$2,267/mo
49% occ.
12.6%
$2,864/mo
59% occ.
15.3%
$3,462/mo
current
69% occ.
17.9%
$4,059/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.