Detached house in Odiáxere, Lagos
Detached house in Odiáxere, Lagos — image 2Detached house in Odiáxere, Lagos — image 3Detached house in Odiáxere, Lagos — image 4Detached house in Odiáxere, Lagos — image 5
Grade Bvillamid-range

Detached house in Odiáxere, Lagos

Lagos · Western Algarve ·

€1.3M

Asking Price (EUR)

1.5%

True Net Yield (Owner, all-in)

1.1%

True Net Yield (Managed, all-in)

2.4%

True Gross Yield

36%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.9 months ago and is currently at 16% 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: €34,109/yr
Average Daily Rate: €263
+22.0% vs area baselineModern/contemporary style (+12%), Has pool (0%), Has view (+10%)
Payback Period: 45.6 years
5-yr Capital Value: €1.6M
10-yr Capital Value: €2.0M
Brixfox Score: 62.9 / 100
Comparable Properties: 7
Data Confidence: 60%
Search Radius: 4 km

True Investment Cost

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

€1.4M

+14.4% over asking

Asking price€1.3M
IMT — Property transfer tax (investment schedule)€93,750
IS — Stamp duty (0.8%)€10,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€18,750
Total acquisition costs€123,750
Renovation (est. €55/m² × 396 m²)
Light touch-ups — paint, fixtures, deep clean.		€21,780
(€11,880–€31,680)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€34,700
All-in investment (incl. renovation & furnishing)€1.4M

Gross yield (asking price)

2.7%

True gross yield (all-in)

2.4%

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: 4
Building: 396 m²
Land: 1600 m²
Style: contemporary
Condition: good
Year Built: 2013
Energy Certificate: C
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

stone accent wallglass railing staircaselarge format white floor tiles

Score Breakdown

ROI
10.14
Visual Appeal
12.8
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
3.56
Payback Speed
0
STR Suitability
3

Description

Recently renovated property located in one of the most sought after locations in Lagos. The area is popular as it´s quiet, residential, and surrounded by green spaces, within a short distance of the city centre, the Palmares golf course and the beach. The villa is divided over 2 floors, with a fairly large basement a

Location

📍 37.1465°N, 8.6598°W

· Lagos, Algarve, Portugal

View on Casaibéria Mediação Imobiliária Lda. →Also on Idealista.pt
Idealista.pt
Lagos / Western Algarve

Detached house in Odiáxere, Lagos

Inventory
3 Beds
Bathrooms
4 Baths
Built Area
396 m²
Land Plot
1600 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 1.7% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score63
GradeB
Brixfox Intelligence
63BStrong
Score Breakdown
ROI & Yield69%
Capital Growth66%
Risk Profile65%
Market Demand63%

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
+7.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$345K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
1.7%
$1,949/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
12 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
58.1 yr
Rental only

Property details

Year built: 2013
Energy: C
Condition: good

Description

Recently renovated property located in one of the most sought after locations in Lagos. The area is popular as it´s quiet, residential, and surrounded by green spaces, within a short distance of the city centre, the Palmares golf course and the beach. The villa is divided over 2 floors, with a fairly large basement a

Income Breakdown

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Nightly Rate (ADR)
$382/night
50% ($176)Brixfox estimate($382/night)200% ($702)
Occupancy
36%
10%Brixfox estimate(36%)100%

Short-Term Rental

Yearly income
$23,383
Airbnb data$382/night · 36% occupancy
Rental income
$382/night · 36% occ.
$49,539
Running costs (20%)
Utilities, cleaning, maintenance
-$9,908
Income tax (10%)
Indonesian rental income tax
-$13,871
Property tax
Annual property tax
-$2,378
Net income
1.7% ROI
$23,383

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$1,358,696
IMT (transfer tax, investment schedule)$101,902
Imposto de Selo (stamp duty)$10,870
Notary & registration$1,359
Legal / due diligence$20,380
Total acquisition costs$134,511
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$23,674
($12,913–$34,435)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$35,543
All-in investment$1,552,424

Gross yield (asking)

3.6%

True gross yield (all-in)

3.2%

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 Lagos.

$5.8M$4.4M$2.9M$1.5M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $1.3M
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.
2x return
Year 14: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.5M
+22%
Rental Income
+$114K
Total Position
$1.6M
+31%
5.5%/yr
Year 10
Capital Value
$1.9M
+48%
Rental Income
+$247K
Total Position
$2.1M
+68%
5.3%/yr
Year 20
Capital Value
$2.7M
+119%
Rental Income
+$578K
Total Position
$3.3M
+165%
5.0%/yr
Year 30
Capital Value
$4.1M
+224%
Rental Income
+$1.0M
Total Position
$5.1M
+306%
4.8%/yr

Location

Lagos

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
1.7% annual return
Occupancy
Weak
36% average occupancy
Nightly Rate
Strong
$351 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
1600 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $351 — positioned in the top tier
Generous 1600 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 1.7% is below 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.
2.0%
$2,239/mo
40% occ.
2.7%
$3,052/mo
36% occ.
2.4%
$2,692/mo
current
46% occ.
3.1%
$3,504/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.