Terraced house in Rua João Paulo II, 1, Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro
Terraced house in Rua João Paulo II, 1, Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro — image 2Terraced house in Rua João Paulo II, 1, Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro — image 3Terraced house in Rua João Paulo II, 1, Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro — image 4Terraced house in Rua João Paulo II, 1, Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro — image 5
Grade B+villamid-range

Terraced house in Rua João Paulo II, 1, Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€478,000

Asking Price (EUR)

5.6%

True Net Yield (Owner, all-in)

3.7%

True Net Yield (Managed, all-in)

7.6%

True Gross Yield

49%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.2 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €41,043/yr
Average Daily Rate: €231
+6.0% vs area baselineImage quality 8/10 (+3%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%)
Payback Period: 27.3 years
5-yr Capital Value: €554,133
10-yr Capital Value: €642,392
Brixfox Score: 65.4 / 100
Comparable Properties: 39
Data Confidence: 91%
Search Radius: 2 km

True Investment Cost

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

€543,164

+13.6% over asking

Asking price€478,000
IMT — Property transfer tax (investment schedule)€26,070
IS — Stamp duty (0.8%)€3,824
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,170
Total acquisition costs€38,314
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€26,850
All-in investment (incl. renovation & furnishing)€543,164

Gross yield (asking price)

8.6%

True gross yield (all-in)

7.6%

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: 3
Building: 130 m²
Style: portuguese-traditional
Condition: excellent
Energy Certificate: B-
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

wooden pergolaterracotta roof tilesglass balcony railing

Score Breakdown

ROI
13.81
Visual Appeal
12.6
Ownership Security
13
Location
10.56
Land & Space
4.6
Rental Demand
4.88
Payback Speed
2
STR Suitability
4

Description

Monte Santo Resort in Carvoeiro is in perfect harmony with nature, designed to offer a perfect balance between comfort and relaxed luxury. It is a family destination, ideal for relaxing near the beach, with access to various sports and leisure activities. It is 2 km from the center of Carvoeiro, 4 km from Lagoa and is

Location

📍 37.1089°N, 8.4746°W

· Lagoa/Carvoeiro, Algarve, Portugal

View on LUXIMOS Christie’s International Real Estate →Also on Idealista.pt
Terraced house in Rua João Paulo II, 1, Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro
Idealista.pt
Source verified

Terraced house in Rua João Paulo II, 1, Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve · Freehold · Ref BF-5315
Ownership
Freehold
Bedrooms
2
Bathrooms
3
Built area
130 m²
True net yield
3.7%
≈ $3,353/mo net after costs & tax
Brixfox Score 65 · B+

Property details

Energy: B-
Condition: excellent

Description

Monte Santo Resort in Carvoeiro is in perfect harmony with nature, designed to offer a perfect balance between comfort and relaxed luxury. It is a family destination, ideal for relaxing near the beach, with access to various sports and leisure activities. It is 2 km from the center of Carvoeiro, 4 km from Lagoa and is

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$332/night
50% ($153)Brixfox estimate($332/night)200% ($610)
Occupancy
49%
10%Brixfox estimate(49%)100%

Short-Term Rental

Yearly income
$28,422
Airbnb data$332/night · 49% occupancy
Rental income
$332/night · 49% occ.
$54,658
Running costs (20%)
Utilities, cleaning, maintenance
-$10,932
Income tax (10%)
Indonesian rental income tax
-$15,304
Property tax
Annual property tax
-$0
Net income
5.5% ROI
$28,422

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

3.7%

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
6.7%
5.9%
Fully-managed
4.5%
3.7%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

9.1%

Annual Revenue

$54,658

Income Tax / yr

$4,783

Payback

27 yrs

True All-In Cost
Asking price$519,565
IMT — transfer tax (non-resident 7.5%)$38,967
Stamp duty (0.8%)$4,157
Notary + registry$2,174
Legal$6,390
Furnishing + STR launch$27,174
All-in cost$598,427

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Lagoa/Carvoeiro.

$3.2M$2.4M$1.6M$803K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $478K
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 15: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$582K
+22%
Rental Income
+$139K
Total Position
$720K
+51%
8.5%/yr
Year 10
Capital Value
$708K
+48%
Rental Income
+$300K
Total Position
$1.0M
+111%
7.7%/yr
Year 20
Capital Value
$1.0M
+119%
Rental Income
+$703K
Total Position
$1.7M
+266%
6.7%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$1.2M
Total Position
$2.8M
+485%
6.1%/yr

Location

Lagoa/Carvoeiro

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.5% annual return
Occupancy
Average
49% average occupancy
Nightly Rate
Strong
$305 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $305 — 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 49% — 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.
4.9%
$2,118/mo
40% occ.
6.5%
$2,824/mo
49% occ.
8.0%
$3,443/mo
current
59% occ.
9.6%
$4,149/mo

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Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.

Asking price · Freehold
$519,565
3.7%
Net yield
View original listing
Source verified · Idealista.pt · listed 3 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.