Detached house in Travessa do Penhasco, 3, Centro, Lagos
Detached house in Travessa do Penhasco, 3, Centro, Lagos — image 2Detached house in Travessa do Penhasco, 3, Centro, Lagos — image 3Detached house in Travessa do Penhasco, 3, Centro, Lagos — image 4Detached house in Travessa do Penhasco, 3, Centro, Lagos — image 5
Grade B+villamid-range

Detached house in Travessa do Penhasco, 3, Centro, Lagos

Lagos · Western Algarve ·

€590,000

Asking Price (EUR)

6.0%

True Net Yield (Owner, all-in)

4.2%

True Net Yield (Managed, all-in)

9.2%

True Gross Yield

54%

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: €62,664/yr
Average Daily Rate: €319
Payback Period: 11.8 years
5-yr Capital Value: €775,251
10-yr Capital Value: €943,212
Brixfox Score: 69.7 / 100
Comparable Properties: 67
Data Confidence: 94%
Search Radius: 2 km

True Investment Cost

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

€678,045

+14.9% over asking

Asking price€590,000
IMT — Property transfer tax (investment schedule)€35,030
IS — Stamp duty (0.8%)€4,720
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,850
Total acquisition costs€49,850
Renovation (est. €55/m² × 109 m²)
Light touch-ups — paint, fixtures, deep clean.		€5,995
(€3,270–€8,720)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€678,045

Gross yield (asking price)

10.6%

True gross yield (all-in)

9.2%

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: 3
Bathrooms: 1
Building: 109 m²
Land: 108 m²
Style: portuguese-traditional
Condition: good
Energy Certificate: E
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

exposed wooden beams and ceilingtraditional Portuguese tilesrooftop terrace

Score Breakdown

ROI
20.86
Visual Appeal
10
Ownership Security
13
Location
10.44
Land & Space
3.05
Rental Demand
5.38
Payback Speed
4
STR Suitability
3

Description

TYPICAL HOUSE, HISTORIC CENTRE, LAGOS For Sale: Typical Portuguese Refurbished House with 4 Bedrooms in the Historic Centre of Lagos Discover this charming refurbished house, with authentic Portuguese aesthetics, located in the heart of the historic centre of Lagos. With a perfect combination of tradition and moderni

Location

📍 37.1028°N, 8.6731°W

· Lagos, Algarve, Portugal

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

Detached house in Travessa do Penhasco, 3, Centro, Lagos

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

Grade B+ investment — short-term rental yields 7.2% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score70
GradeB+
Brixfox Intelligence
70B+Strong
Score Breakdown
ROI & Yield77%
Capital Growth74%
Risk Profile72%
Market Demand70%

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
+12.7%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$163K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.2%
$3,830/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
14.0 yr
Rental only

Property details

Energy: E
Condition: good

Description

TYPICAL HOUSE, HISTORIC CENTRE, LAGOS For Sale: Typical Portuguese Refurbished House with 4 Bedrooms in the Historic Centre of Lagos Discover this charming refurbished house, with authentic Portuguese aesthetics, located in the heart of the historic centre of Lagos. With a perfect combination of tradition and moderni

Income Breakdown

Adjust Forecast

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Nightly Rate (ADR)
$461/night
50% ($212)Brixfox estimate($461/night)200% ($848)
Occupancy
54%
10%Brixfox estimate(54%)100%

Short-Term Rental

Yearly income
$45,959
Airbnb data$461/night · 54% occupancy
Rental income
$461/night · 54% occ.
$90,540
Running costs (20%)
Utilities, cleaning, maintenance
-$18,108
Income tax (10%)
Indonesian rental income tax
-$25,351
Property tax
Annual property tax
-$1,122
Net income
7.2% ROI
$45,959

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$641,304
IMT (transfer tax, investment schedule)$38,076
Imposto de Selo (stamp duty)$5,130
Notary & registration$1,359
Legal / due diligence$9,620
Total acquisition costs$54,185
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$6,516
($3,554–$9,478)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$734,832

Gross yield (asking)

14.1%

True gross yield (all-in)

12.3%

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.

$4.5M$3.4M$2.3M$1.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $590K
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 12: 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
$718K
+22%
Rental Income
+$224K
Total Position
$942K
+60%
9.8%/yr
Year 10
Capital Value
$873K
+48%
Rental Income
+$485K
Total Position
$1.4M
+130%
8.7%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$1.1M
Total Position
$2.4M
+312%
7.3%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$2.0M
Total Position
$3.9M
+565%
6.5%/yr

Location

Lagos

Western Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.2% annual return
Occupancy
Average
54% average occupancy
Nightly Rate
Strong
$424 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
108 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $424 — 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 54% — 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

34% occ.
6.0%
$3,226/mo
44% occ.
7.9%
$4,207/mo
54% occ.
9.7%
$5,188/mo
current
64% occ.
11.5%
$6,169/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.