Terraced house in Urbanização do Ramalheiro, 29, Porches
Terraced house in Urbanização do Ramalheiro, 29, Porches — image 2Terraced house in Urbanização do Ramalheiro, 29, Porches — image 3Terraced house in Urbanização do Ramalheiro, 29, Porches — image 4Terraced house in Urbanização do Ramalheiro, 29, Porches — image 5
Grade B+villamid-range

Terraced house in Urbanização do Ramalheiro, 29, Porches

Lagoa/Carvoeiro · Central Algarve ·

€350,000

Asking Price (EUR)

10.8%

True Net Yield (Owner, all-in)

7.5%

True Net Yield (Managed, all-in)

16.6%

True Gross Yield

47%

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: €68,624/yr
Average Daily Rate: €404
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 6.4 years
5-yr Capital Value: €459,895
10-yr Capital Value: €559,532
Brixfox Score: 73.3 / 100
Comparable Properties: 7
Data Confidence: 70%
Search Radius: 2 km

True Investment Cost

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

€413,050

+18.0% over asking

Asking price€350,000
IMT — Property transfer tax (investment schedule)€15,830
IS — Stamp duty (0.8%)€2,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,250
Total acquisition costs€25,130
Renovation (est. €55/m² × 104 m²)
Light touch-ups — paint, fixtures, deep clean.		€5,720
(€3,120–€8,320)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€413,050

Gross yield (asking price)

19.6%

True gross yield (all-in)

16.6%

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: 3
Bathrooms: 2
Building: 104 m²
Land: 104 m²
Style: contemporary
Condition: good
Year Built: 1990
Energy Certificate: D
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

balcony/terracerooftop access

Score Breakdown

ROI
25
Visual Appeal
11.2
Ownership Security
13
Location
8.4
Land & Space
3
Rental Demand
4.65
Payback Speed
5
STR Suitability
3

Description

We present this 3-bedroom townhouse spread over two floors, located in the quiet and sought-after area of Porches, in the municipality of Lagoa. An excellent opportunity for permanent residence, holiday home or investment. At the entrance, there is a pleasant terrace ideal for creating an outdoor seating area. The pr

Location

📍 37.1200°N, 8.3900°W

· Lagoa/Carvoeiro, Algarve, Portugal

View on Century21 Realty Art 2 →Also on Idealista.pt
Idealista.pt
Lagoa/Carvoeiro / Central Algarve

Terraced house in Urbanização do Ramalheiro, 29, Porches

Inventory
3 Beds
Bathrooms
2 Baths
Built Area
104 m²
Land Plot
104 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 13.4% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score73
GradeB+
Brixfox Intelligence
73B+Strong
Score Breakdown
ROI & Yield80%
Capital Growth77%
Risk Profile74%
Market Demand73%

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
+18.9%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$97K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
13.4%
$4,241/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
7.5 yr
Rental only

Property details

Year built: 1990
Energy: D
Condition: good

Description

We present this 3-bedroom townhouse spread over two floors, located in the quiet and sought-after area of Porches, in the municipality of Lagoa. An excellent opportunity for permanent residence, holiday home or investment. At the entrance, there is a pleasant terrace ideal for creating an outdoor seating area. The pr

Income Breakdown

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Nightly Rate (ADR)
$584/night
50% ($268)Brixfox estimate($584/night)200% ($1074)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Yearly income
$50,893
Airbnb data$584/night · 47% occupancy
Rental income
$584/night · 47% occ.
$99,151
Running costs (20%)
Utilities, cleaning, maintenance
-$19,830
Income tax (10%)
Indonesian rental income tax
-$27,762
Property tax
Annual property tax
-$666
Net income
13.4% ROI
$50,893

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$380,435
IMT (transfer tax, investment schedule)$17,207
Imposto de Selo (stamp duty)$3,043
Notary & registration$1,359
Legal / due diligence$5,707
Total acquisition costs$27,315
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$6,217
($3,391–$9,043)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$446,793

Gross yield (asking)

26.1%

True gross yield (all-in)

22.2%

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.

$3.9M$2.9M$1.9M$967K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $350K
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 7: 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
$426K
+22%
Rental Income
+$249K
Total Position
$674K
+93%
14.0%/yr
Year 10
Capital Value
$518K
+48%
Rental Income
+$537K
Total Position
$1.1M
+201%
11.7%/yr
Year 20
Capital Value
$767K
+119%
Rental Income
+$1.3M
Total Position
$2.0M
+479%
9.2%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$2.2M
Total Position
$3.4M
+861%
7.8%/yr

Location

Lagoa/Carvoeiro

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
13.4% annual return
Occupancy
Average
47% average occupancy
Nightly Rate
Strong
$537 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
104 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 13.4% — outperforms most villas in this market
Premium nightly rate of $537 — 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 47% — 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.
11.6%
$3,673/mo
40% occ.
15.5%
$4,916/mo
47% occ.
18.1%
$5,728/mo
current
57% occ.
22.0%
$6,971/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.