Semi-detached house in Rua Covas Areia, Cidade de Lagoa, Lagoa e Carvoeiro
Semi-detached house in Rua Covas Areia, Cidade de Lagoa, Lagoa e Carvoeiro — image 2Semi-detached house in Rua Covas Areia, Cidade de Lagoa, Lagoa e Carvoeiro — image 3Semi-detached house in Rua Covas Areia, Cidade de Lagoa, Lagoa e Carvoeiro — image 4Semi-detached house in Rua Covas Areia, Cidade de Lagoa, Lagoa e Carvoeiro — image 5
Grade Bvillamid-range

Semi-detached house in Rua Covas Areia, Cidade de Lagoa, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€980,000

Asking Price (EUR)

2.2%

True Net Yield (Owner, all-in)

1.5%

True Net Yield (Managed, all-in)

3.4%

True Gross Yield

25%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2 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: €37,850/yr
Average Daily Rate: €414
Payback Period: 32.3 years
5-yr Capital Value: €1.3M
10-yr Capital Value: €1.6M
Brixfox Score: 59.8 / 100
Comparable Properties: 12
Data Confidence: 67%
Search Radius: 4 km

True Investment Cost

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

€1.1M

+12.5% over asking

Asking price€980,000
IMT — Property transfer tax (investment schedule)€58,800
IS — Stamp duty (0.8%)€7,840
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€14,700
Total acquisition costs€82,590
Renovation€0 — move-in ready
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€40,050
All-in investment (incl. renovation & furnishing)€1.1M

Gross yield (asking price)

3.9%

True gross yield (all-in)

3.4%

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: 4
Bathrooms: 4
Building: 311 m²
Land: 284 m²
Style: contemporary
Condition: excellent
Energy Certificate: E
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large private poolcovered outdoor dining areamodern kitchen with islandfireplace in living room

Score Breakdown

ROI
11.4
Visual Appeal
13.6
Ownership Security
13
Location
10.56
Land & Space
5.76
Rental Demand
2.5
Payback Speed
0
STR Suitability
3

Description

Discover this fantastic, fully renovated 4-bedroom townhouse, spread over two floors plus a terrace, where comfort, elegance, and functionality come together to create a true home. Meticulously designed with the well-being of its residents in mind, this property stands out for its spacious living areas, abundant natur

Location

📍 37.1313°N, 8.4533°W

· Lagoa/Carvoeiro, Algarve, Portugal

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Idealista.pt
Lagoa/Carvoeiro / Central Algarve

Semi-detached house in Rua Covas Areia, Cidade de Lagoa, Lagoa e Carvoeiro

Inventory
4 Beds
Bathrooms
4 Baths
Built Area
311 m²
Land Plot
284 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 2.5% net return annually.

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The Investment

Brixfox Score60
GradeB
Brixfox Intelligence
60BStrong
Score Breakdown
ROI & Yield66%
Capital Growth63%
Risk Profile62%
Market Demand60%

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
+8.0%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$271K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.5%
$2,220/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
11 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
40.0 yr
Rental only

Property details

Energy: E
Condition: excellent

Description

Discover this fantastic, fully renovated 4-bedroom townhouse, spread over two floors plus a terrace, where comfort, elegance, and functionality come together to create a true home. Meticulously designed with the well-being of its residents in mind, this property stands out for its spacious living areas, abundant natur

Income Breakdown

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Nightly Rate (ADR)
$600/night
50% ($276)Brixfox estimate($600/night)200% ($1105)
Occupancy
25%
10%Brixfox estimate(25%)100%

Short-Term Rental

Yearly income
$26,641
Airbnb data$600/night · 25% occupancy
Rental income
$600/night · 25% occ.
$54,818
Running costs (20%)
Utilities, cleaning, maintenance
-$10,964
Income tax (10%)
Indonesian rental income tax
-$15,349
Property tax
Annual property tax
-$1,864
Net income
2.5% ROI
$26,641

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$1,065,217
IMT (transfer tax, investment schedule)$63,913
Imposto de Selo (stamp duty)$8,522
Notary & registration$1,359
Legal / due diligence$15,978
Total acquisition costs$89,772
RenovationMove-in ready
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$41,359
All-in investment$1,196,348

Gross yield (asking)

5.1%

True gross yield (all-in)

4.6%

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 Lagoa/Carvoeiro.

$5.0M$3.7M$2.5M$1.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $980K
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 27: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.2M
+22%
Rental Income
+$130K
Total Position
$1.3M
+35%
6.2%/yr
Year 10
Capital Value
$1.5M
+48%
Rental Income
+$281K
Total Position
$1.7M
+77%
5.9%/yr
Year 20
Capital Value
$2.1M
+119%
Rental Income
+$659K
Total Position
$2.8M
+186%
5.4%/yr
Year 30
Capital Value
$3.2M
+224%
Rental Income
+$1.2M
Total Position
$4.3M
+343%
5.1%/yr

Location

Lagoa/Carvoeiro

Central Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.5% annual return
Occupancy
Weak
25% average occupancy
Nightly Rate
Strong
$552 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Average
284 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $552 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 2.5% 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.
4.1%
$3,679/mo
40% occ.
5.6%
$4,957/mo
25% occ.
3.4%
$3,042/mo
current
35% occ.
4.9%
$4,320/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.