Terraced house in Centro, Lagos Cidade, Lagos
Terraced house in Centro, Lagos Cidade, Lagos — image 2Terraced house in Centro, Lagos Cidade, Lagos — image 3Terraced house in Centro, Lagos Cidade, Lagos — image 4Terraced house in Centro, Lagos Cidade, Lagos — image 5
Grade B+villamid-range

Terraced house in Centro, Lagos Cidade, Lagos

Lagos · Western Algarve ·

€625,000

Asking Price (EUR)

6.2%

True Net Yield (Owner, all-in)

4.3%

True Net Yield (Managed, all-in)

9.5%

True Gross Yield

45%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 14% 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: €69,104/yr
Average Daily Rate: €421
Payback Period: 11.1 years
5-yr Capital Value: €821,241
10-yr Capital Value: €999,165
Brixfox Score: 70.1 / 100
Comparable Properties: 13
Data Confidence: 79%
Search Radius: 2 km

True Investment Cost

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

€726,620

+16.3% over asking

Asking price€625,000
IMT — Property transfer tax (investment schedule)€37,830
IS — Stamp duty (0.8%)€5,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,375
Total acquisition costs€53,455
Renovation (est. €55/m² × 193 m²)
Light touch-ups — paint, fixtures, deep clean.		€10,615
(€5,790–€15,440)
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€37,550
All-in investment (incl. renovation & furnishing)€726,620

Gross yield (asking price)

11.1%

True gross yield (all-in)

9.5%

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: 193 m²
Land: 154 m²
Style: portuguese-traditional
Condition: good
Year Built: 1975
Energy Certificate: F

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

private patio with tiled walls and potted plantsspiral staircase with wrought iron railing

Score Breakdown

ROI
21.6
Visual Appeal
10
Ownership Security
13
Location
10.44
Land & Space
3.53
Rental Demand
4.49
Payback Speed
4
STR Suitability
3

Description

Townhouse right in the center of Lagos, with three floors, two separate entrances, with an operational attic with plenty of space where you can build a separate apartment. Beautiful views over the city. Very central. With three bedrooms and two living rooms, garage, storage, patio at the back. You can convert this old

Location

📍 37.1054°N, 8.6741°W

· Lagos, Algarve, Portugal

View on Meraki, Consultoria Imobiliária e Gestão de Imóveis, Unipessoal Lda →Also on Idealista.pt
Idealista.pt
Lagos / Western Algarve

Terraced house in Centro, Lagos Cidade, Lagos

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

Grade B+ investment — short-term rental yields 7.6% 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.

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Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+13.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$173K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.6%
$4,291/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
13.2 yr
Rental only

Property details

Year built: 1975
Energy: F
Condition: good

Description

Townhouse right in the center of Lagos, with three floors, two separate entrances, with an operational attic with plenty of space where you can build a separate apartment. Beautiful views over the city. Very central. With three bedrooms and two living rooms, garage, storage, patio at the back. You can convert this old

Income Breakdown

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Nightly Rate (ADR)
$618/night
50% ($284)Brixfox estimate($618/night)200% ($1136)
Occupancy
45%
10%Brixfox estimate(45%)100%

Short-Term Rental

Yearly income
$51,488
Airbnb data$618/night · 45% occupancy
Rental income
$618/night · 45% occ.
$101,301
Running costs (20%)
Utilities, cleaning, maintenance
-$20,260
Income tax (10%)
Indonesian rental income tax
-$28,364
Property tax
Annual property tax
-$1,189
Net income
7.6% ROI
$51,488

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$679,348
IMT (transfer tax, investment schedule)$41,120
Imposto de Selo (stamp duty)$5,435
Notary & registration$1,359
Legal / due diligence$10,190
Total acquisition costs$58,103
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$11,538
($6,293–$16,783)
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$38,641
All-in investment$787,630

Gross yield (asking)

14.9%

True gross yield (all-in)

12.9%

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.

$4.9M$3.7M$2.5M$1.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $625K
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
$760K
+22%
Rental Income
+$251K
Total Position
$1.0M
+62%
10.1%/yr
Year 10
Capital Value
$925K
+48%
Rental Income
+$543K
Total Position
$1.5M
+135%
8.9%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$1.3M
Total Position
$2.6M
+323%
7.5%/yr
Year 30
Capital Value
$2.0M
+224%
Rental Income
+$2.3M
Total Position
$4.3M
+585%
6.6%/yr

Location

Lagos

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.6% annual return
Occupancy
Weak
45% average occupancy
Nightly Rate
Strong
$568 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Average
154 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $568 — 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 45% — 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

30% occ.
6.8%
$3,846/mo
40% occ.
9.1%
$5,161/mo
45% occ.
10.3%
$5,810/mo
current
55% occ.
12.6%
$7,125/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.