House in Centro, Lagos Cidade, Lagos
House in Centro, Lagos Cidade, Lagos — image 2House in Centro, Lagos Cidade, Lagos — image 3House in Centro, Lagos Cidade, Lagos — image 4House in Centro, Lagos Cidade, Lagos — image 5
Grade B+villabudget

House in Centro, Lagos Cidade, Lagos

Lagos · Western Algarve ·

€460,000

Asking Price (EUR)

5.5%

True Net Yield (Owner, all-in)

3.8%

True Net Yield (Managed, all-in)

8.5%

True Gross Yield

44%

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: €48,920/yr
Average Daily Rate: €302
-45.0% vs area baselineImage quality 5/10 (-6%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 11.7 years
5-yr Capital Value: €604,433
10-yr Capital Value: €735,385
Brixfox Score: 66.4 / 100
Comparable Properties: 4
Data Confidence: 67%
Search Radius: 2 km

True Investment Cost

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

€578,910

+25.9% over asking

Asking price€460,000
IMT — Property transfer tax (investment schedule)€24,630
IS — Stamp duty (0.8%)€3,680
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€6,900
Total acquisition costs€36,460
Renovation (est. €350/m² × 153 m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		€53,550
(€38,250–€68,850)
Furnishing & STR launch (5bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€28,900
All-in investment (incl. renovation & furnishing)€578,910

Gross yield (asking price)

10.6%

True gross yield (all-in)

8.5%

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: 5
Bathrooms: 1
Building: 153 m²
Land: 153 m²
Style: dated
Condition: fair
Year Built: 1951
Energy Certificate: In process

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

exposed wooden beamsstone accent wallarched doorways

Score Breakdown

ROI
20.9
Visual Appeal
6.8
Ownership Security
13
Location
10.44
Land & Space
3.78
Rental Demand
4.44
Payback Speed
4
STR Suitability
3

Description

Discover this 5-bedroom, 1-bathroom house, located in the heart of Lagos' historic center, right next to the Lagos Ciência Viva Center. Part of the city's history, this partially renovated property combines modern comfort with the charm and authenticity of times past. Upon crossing the door, you immediately feel the u

Location

📍 37.1024°N, 8.6718°W

· Lagos, Algarve, Portugal

View on Marcela Propriedades →Also on Idealista.pt
Idealista.pt
Lagos / Western Algarve

House in Centro, Lagos Cidade, Lagos

Inventory
5 Beds
Bathrooms
1 Baths
Built Area
153 m²
Land Plot
153 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 7.2% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score66
GradeB+
Brixfox Intelligence
66B+Strong
Score Breakdown
ROI & Yield73%
Capital Growth69%
Risk Profile68%
Market Demand66%

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
+12.7%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$127K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.2%
$2,999/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
13.9 yr
Rental only

Property details

Year built: 1951
Energy: In process
Condition: fair

Description

Discover this 5-bedroom, 1-bathroom house, located in the heart of Lagos' historic center, right next to the Lagos Ciência Viva Center. Part of the city's history, this partially renovated property combines modern comfort with the charm and authenticity of times past. Upon crossing the door, you immediately feel the u

Income Breakdown

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Nightly Rate (ADR)
$437/night
50% ($201)Brixfox estimate($437/night)200% ($804)
Occupancy
44%
10%Brixfox estimate(44%)100%

Short-Term Rental

Yearly income
$35,982
Airbnb data$437/night · 44% occupancy
Rental income
$437/night · 44% occ.
$70,879
Running costs (20%)
Utilities, cleaning, maintenance
-$14,176
Income tax (10%)
Indonesian rental income tax
-$19,846
Property tax
Annual property tax
-$875
Net income
7.2% ROI
$35,982

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$500,000
IMT (transfer tax, investment schedule)$26,772
Imposto de Selo (stamp duty)$4,000
Notary & registration$1,359
Legal / due diligence$7,500
Total acquisition costs$39,630
Renovation (~$380/m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		$58,207
($41,576–$74,837)
Furnishing & STR launch
5bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$29,239
All-in investment$627,076

Gross yield (asking)

14.2%

True gross yield (all-in)

11.3%

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.

$3.5M$2.6M$1.8M$882K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $460K
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 12: 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
$560K
+22%
Rental Income
+$176K
Total Position
$735K
+60%
9.8%/yr
Year 10
Capital Value
$681K
+48%
Rental Income
+$379K
Total Position
$1.1M
+131%
8.7%/yr
Year 20
Capital Value
$1.0M
+119%
Rental Income
+$890K
Total Position
$1.9M
+312%
7.3%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$1.6M
Total Position
$3.1M
+567%
6.5%/yr

Location

Lagos

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.2% annual return
Occupancy
Weak
44% average occupancy
Nightly Rate
Strong
$402 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Average
153 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $402 — 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 44% — 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.
6.5%
$2,718/mo
40% occ.
8.8%
$3,648/mo
44% occ.
9.7%
$4,062/mo
current
54% occ.
12.0%
$4,992/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.