House in Rua da Hortinha Nn, Ferragudo
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Grade Bvillamid-range

House in Rua da Hortinha Nn, Ferragudo

Lagoa/Carvoeiro · Central Algarve ·

€615,000

Asking Price (EUR)

2.9%

True Net Yield (Owner, all-in)

2.0%

True Net Yield (Managed, all-in)

4.4%

True Gross Yield

48%

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: €31,028/yr
Average Daily Rate: €179
Payback Period: 24.8 years
5-yr Capital Value: €808,101
10-yr Capital Value: €983,178
Brixfox Score: 60.7 / 100
Comparable Properties: 61
Data Confidence: 85%
Search Radius: 2 km

True Investment Cost

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

€703,130

+14.3% over asking

Asking price€615,000
IMT — Property transfer tax (investment schedule)€37,030
IS — Stamp duty (0.8%)€4,920
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,225
Total acquisition costs€52,425
Renovation (est. €55/m² × 161 m²)
Light touch-ups — paint, fixtures, deep clean.		€8,855
(€4,830–€12,880)
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)€703,130

Gross yield (asking price)

5.0%

True gross yield (all-in)

4.4%

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: 2
Bathrooms: 2
Building: 161 m²
Land: 129 m²
Style: portuguese-traditional
Condition: good
Year Built: 2008
Energy Certificate: D

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

azulejo facadeornate yellow door detailsspiral staircasecolorful interior walls

Score Breakdown

ROI
13.99
Visual Appeal
13.4
Ownership Security
13
Location
8.4
Land & Space
3.13
Rental Demand
4.76
Payback Speed
1
STR Suitability
3

Description

Discover the essence of traditional Algarvean charm in Ferragudo, where this quintessential Portuguese townhouse, known as Casa dos Azulejos, stands as a symbol of the region's rich heritage. The vibrant tile-clad façade is not only a striking visual feature but also a reflection of the cultural stories woven into the

Location

📍 37.1240°N, 8.5180°W

· Lagoa/Carvoeiro, Algarve, Portugal

View on Fine & Country →Also on Idealista.pt
Idealista.pt
Lagoa/Carvoeiro / Central Algarve

House in Rua da Hortinha Nn, Ferragudo

Inventory
2 Beds
Bathrooms
2 Baths
Built Area
161 m²
Land Plot
129 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 3.3% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score61
GradeB
Brixfox Intelligence
61BStrong
Score Breakdown
ROI & Yield67%
Capital Growth64%
Risk Profile63%
Market Demand61%

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
+8.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$170K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
3.3%
$1,845/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
30.2 yr
Rental only

Property details

Year built: 2008
Energy: D
Condition: good

Description

Discover the essence of traditional Algarvean charm in Ferragudo, where this quintessential Portuguese townhouse, known as Casa dos Azulejos, stands as a symbol of the region's rich heritage. The vibrant tile-clad façade is not only a striking visual feature but also a reflection of the cultural stories woven into the

Income Breakdown

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Nightly Rate (ADR)
$258/night
50% ($119)Brixfox estimate($258/night)200% ($475)
Occupancy
48%
10%Brixfox estimate(48%)100%

Short-Term Rental

Yearly income
$22,143
Airbnb data$258/night · 48% occupancy
Rental income
$258/night · 48% occ.
$44,832
Running costs (20%)
Utilities, cleaning, maintenance
-$8,966
Income tax (10%)
Indonesian rental income tax
-$12,553
Property tax
Annual property tax
-$1,170
Net income
3.3% ROI
$22,143

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$668,478
IMT (transfer tax, investment schedule)$40,250
Imposto de Selo (stamp duty)$5,348
Notary & registration$1,359
Legal / due diligence$10,027
Total acquisition costs$56,984
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$9,625
($5,250–$14,000)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$27,011
All-in investment$762,098

Gross yield (asking)

6.7%

True gross yield (all-in)

5.9%

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 Lagoa/Carvoeiro.

$3.4M$2.6M$1.7M$852K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $615K
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 22: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$748K
+22%
Rental Income
+$108K
Total Position
$856K
+39%
6.8%/yr
Year 10
Capital Value
$910K
+48%
Rental Income
+$234K
Total Position
$1.1M
+86%
6.4%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$547K
Total Position
$1.9M
+208%
5.8%/yr
Year 30
Capital Value
$2.0M
+224%
Rental Income
+$969K
Total Position
$3.0M
+382%
5.4%/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
Average
3.3% annual return
Occupancy
Average
48% average occupancy
Nightly Rate
Strong
$238 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
129 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $238 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 3.3% is near 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.
2.8%
$1,552/mo
40% occ.
3.8%
$2,102/mo
48% occ.
4.5%
$2,518/mo
current
58% occ.
5.5%
$3,068/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.