Detached house in Monte Encarnado, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro
Detached house in Monte Encarnado, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 2Detached house in Monte Encarnado, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 3Detached house in Monte Encarnado, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 4Detached house in Monte Encarnado, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 5
Grade B+villamid-range

Detached house in Monte Encarnado, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€425,000

Asking Price (EUR)

8.5%

True Net Yield (Owner, all-in)

5.8%

True Net Yield (Managed, all-in)

10.9%

True Gross Yield

57%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.6 months ago and is currently at 22% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.77, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €53,002/yr
Average Daily Rate: €254
+25.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%)
Payback Period: 17.1 years
5-yr Capital Value: €492,691
10-yr Capital Value: €571,164
Brixfox Score: 74.1 / 100
Comparable Properties: 50
Data Confidence: 95%
Search Radius: 2 km

True Investment Cost

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

€487,205

+14.6% over asking

Asking price€425,000
IMT — Property transfer tax (investment schedule)€21,830
IS — Stamp duty (0.8%)€3,400
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,375
Total acquisition costs€32,855
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€29,350
All-in investment (incl. renovation & furnishing)€487,205

Gross yield (asking price)

12.5%

True gross yield (all-in)

10.9%

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: 150 m²
Land: 106 m²
Style: contemporary
Condition: excellent
Energy Certificate: B
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

communal swimming pool areaterraced gardensmodern facade with balconies

Score Breakdown

ROI
20.58
Visual Appeal
13.6
Ownership Security
13
Location
10.56
Land & Space
2.64
Rental Demand
5.71
Payback Speed
4
STR Suitability
4

Description

Discover this elegant T2+1 semi-detached villa located in the prestigious Lumina Villas Condominium, in Carvoeiro — a unique opportunity both for own housing and for investment with tourist exploitation. This villa is part of an exclusively licensed development for tourist exploration, benefiting from all the advantag

Location

📍 37.0940°N, 8.4720°W

· Lagoa/Carvoeiro, Algarve, Portugal

View this property on Domus RS PT →Listed via Idealista.pt
2-bedroom freehold villa in Lagoa/Carvoeiro — photo 1 of 5
Domus RS PT
2-bedroom freehold villa in Lagoa/Carvoeiro — photo 2 of 5
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2-bedroom freehold villa in Lagoa/Carvoeiro — photo 4 of 5
2-bedroom freehold villa in Lagoa/Carvoeiro — photo 5 of 5

Detached house in Monte Encarnado, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve · Ref BF-4119 Source verified · Domus RS PT · listed 2 Jun 2026
Asking price · Freehold
$461,957
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
3
Built area
150 m²
Land
106 m²
True net yield
5.9%
≈ $4,529/mo net after costs & tax
Brixfox Score 74 · B+

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Lagoa/Carvoeiro

Central Algarve, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Energy: B
Condition: excellent

Description

Discover this elegant T2+1 semi-detached villa located in the prestigious Lumina Villas Condominium, in Carvoeiro — a unique opportunity both for own housing and for investment with tourist exploitation. This villa is part of an exclusively licensed development for tourist exploration, benefiting from all the advantag

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.

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Nightly Rate (ADR)
$361/night
50% ($166)Brixfox estimate($361/night)200% ($664)
Occupancy
57%
10%Brixfox estimate(57%)100%

Short-Term Rental

Yearly income
$36,254
Airbnb data$361/night · 57% occupancy
Rental income
$361/night · 57% occ.
$69,718
Running costs (20%)
Utilities, cleaning, maintenance
-$13,944
Income tax (10%)
Indonesian rental income tax
-$19,521
Property tax
Annual property tax
-$0
Net income
7.8% ROI
$36,254

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

5.9%

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

Scenario
Pre-tax
After-tax
Owner-managed
10.2%
9.0%
Fully-managed
7.0%
5.9%
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

13.0%

Annual Revenue

$69,718

Income Tax / yr

$6,100

Payback

17 yrs

True All-In Cost
Asking price$461,957
IMT — transfer tax (non-resident 7.5%)$34,647
Stamp duty (0.8%)$3,696
Notary + registry$2,174
Legal$5,683
Furnishing + STR launch$27,174
All-in cost$535,329

Growth & Exit Strategy

How your investment grows over time

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

$3.4M$2.6M$1.7M$853K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $425K
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 11: 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
$517K
+22%
Rental Income
+$177K
Total Position
$694K
+63%
10.3%/yr
Year 10
Capital Value
$629K
+48%
Rental Income
+$382K
Total Position
$1.0M
+138%
9.1%/yr
Year 20
Capital Value
$931K
+119%
Rental Income
+$896K
Total Position
$1.8M
+330%
7.6%/yr
Year 30
Capital Value
$1.4M
+224%
Rental Income
+$1.6M
Total Position
$3.0M
+598%
6.7%/yr

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.8% annual return
Occupancy
Average
57% average occupancy
Nightly Rate
Strong
$332 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
106 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $332 — 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 57% — 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

37% occ.
7.4%
$2,854/mo
47% occ.
9.4%
$3,623/mo
57% occ.
11.4%
$4,392/mo
current
67% occ.
13.4%
$5,161/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. Market factors in Portugal may impact actual yields.