Quinta in Sitio Terras Novas Nn, Odiáxere
Quinta in Sitio Terras Novas Nn, Odiáxere — image 2Quinta in Sitio Terras Novas Nn, Odiáxere — image 3Quinta in Sitio Terras Novas Nn, Odiáxere — image 4Quinta in Sitio Terras Novas Nn, Odiáxere — image 5
Grade B+villamid-range

Quinta in Sitio Terras Novas Nn, Odiáxere

Lagos · Western Algarve ·

€789,000

Asking Price (EUR)

9.6%

True Net Yield (Owner, all-in)

6.7%

True Net Yield (Managed, all-in)

14.8%

True Gross Yield

42%

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: €135,319/yr
Average Daily Rate: 873
+3.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%), Has view (+10%)
Payback Period: 7.3 years
5-yr Capital Value: €1.0M
10-yr Capital Value: €1.3M
Brixfox Score: 71.8 / 100
Comparable Properties: 7
Data Confidence: 58%
Search Radius: 4 km

True Investment Cost

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

€914,162

+15.9% over asking

Asking price€789,000
IMT — Property transfer tax (investment schedule)€47,340
IS — Stamp duty (0.8%)€6,312
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€11,835
Total acquisition costs€66,737
Renovation (est. €55/m² × 185)
Light touch-ups — paint, fixtures, deep clean.
€10,175
(€5,550€14,800)
Furnishing & STR launch (6bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€48,250
All-in investment (incl. renovation & furnishing)€914,162

Gross yield (asking price)

17.1%

True gross yield (all-in)

14.8%

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: 6
Bathrooms: 4
Building: 185
Land: 1
Style: portuguese-traditional
Condition: good
Year Built: 2008
Energy Certificate: In process
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

solar-panelsextensive-outdoor-terracerural-setting

Score Breakdown

ROI
25
Visual Appeal
12.2
Ownership Security
13
Location
9.36
Land & Space
0.02
Rental Demand
4.25
Payback Speed
5
STR Suitability
3

Description

Unique 1.08-hectare estate situated on a hilltop, just 15 minutes from Lagos. Here, privacy, unobstructed views, and high income potential combine. The property includes 3 independent residential units and 1 mobile home, each with its own entrance and private outdoor space, offering the possibility to live in one unit

Location

📍 37.1450°N, 8.7010°W

· Lagos, Algarve, Portugal

Idealista.pt
Lagos / Western Algarve

Quinta in Sitio Terras Novas Nn, Odiáxere

Inventory
6 Beds
Bathrooms
4 Baths
Built Area
185 m²
Land Plot
1 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 11.7% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score72
GradeB+
Brixfox Intelligence
72B+Strong
Score Breakdown
ROI & Yield79%
Capital Growth76%
Risk Profile73%
Market Demand72%

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
+17.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$218K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
11.7%
$8,347/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
8.6 yr
Rental only

Property details

Year built: 2008
Energy: In process
Condition: good

Description

Unique 1.08-hectare estate situated on a hilltop, just 15 minutes from Lagos. Here, privacy, unobstructed views, and high income potential combine. The property includes 3 independent residential units and 1 mobile home, each with its own entrance and private outdoor space, offering the possibility to live in one unit

Income Breakdown

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Nightly Rate (ADR)
$1,262/night
50% ($580)Brixfox estimate($1,262/night)200% ($2321)
Occupancy
42%
10%Brixfox estimate(42%)100%

Short-Term Rental

Yearly income
$100,164
Airbnb data$1,262/night · 42% occupancy
Rental income
$1,262/night · 42% occ.
$195,509
Running costs (20%)
Utilities, cleaning, maintenance
-$39,102
Income tax (10%)
Indonesian rental income tax
-$54,742
Property tax
Annual property tax
-$1,501
Net income
11.7% ROI
$100,164

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$857,609
IMT (transfer tax, investment schedule)$51,457
Imposto de Selo (stamp duty)$6,861
Notary & registration$1,359
Legal / due diligence$12,864
Total acquisition costs$72,540
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.
$11,060
($6,033$16,087)
Furnishing & STR launch
6bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.
$50,272
All-in investment$991,480

Gross yield (asking)

22.8%

True gross yield (all-in)

19.7%

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.

$8.0M$6.0M$4.0M$2.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $789K
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 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$960K
+22%
Rental Income
+$489K
Total Position
$1.4M
+84%
12.9%/yr
Year 10
Capital Value
$1.2M
+48%
Rental Income
+$1.1M
Total Position
$2.2M
+182%
10.9%/yr
Year 20
Capital Value
$1.7M
+119%
Rental Income
+$2.5M
Total Position
$4.2M
+433%
8.7%/yr
Year 30
Capital Value
$2.6M
+224%
Rental Income
+$4.4M
Total Position
$6.9M
+780%
7.5%/yr

Location

Lagos

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
11.7% annual return
Occupancy
Weak
42% average occupancy
Nightly Rate
Strong
$1161 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
1 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 11.7% — outperforms most villas in this market
Premium nightly rate of $1161 — 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 42% — 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.
11.1%
$7,933/mo
40% occ.
14.9%
$10,619/mo
42% occ.
15.8%
$11,280/mo
current
52% occ.
19.5%
$13,966/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.