Detached house in Rua da Alegria, Odiáxere, Lagos
Detached house in Rua da Alegria, Odiáxere, Lagos — image 2Detached house in Rua da Alegria, Odiáxere, Lagos — image 3Detached house in Rua da Alegria, Odiáxere, Lagos — image 4Detached house in Rua da Alegria, Odiáxere, Lagos — image 5
Grade B+villamid-range

Detached house in Rua da Alegria, Odiáxere, Lagos

Lagos · Western Algarve ·

€469,000

Asking Price (EUR)

7.7%

True Net Yield (Owner, all-in)

5.3%

True Net Yield (Managed, all-in)

11.9%

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: €65,735/yr
Average Daily Rate: 713
Payback Period: 8.9 years
5-yr Capital Value: €616,259
10-yr Capital Value: €749,773
Brixfox Score: 71.3 / 100
Comparable Properties: 12
Data Confidence: 63%
Search Radius: 6 km

True Investment Cost

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

€553,837

+18.1% over asking

Asking price€469,000
IMT — Property transfer tax (investment schedule)€25,350
IS — Stamp duty (0.8%)€3,752
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,035
Total acquisition costs€37,387
Renovation (est. €55/m² × 180)
Light touch-ups — paint, fixtures, deep clean.
€9,900
(€5,400€14,400)
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€37,550
All-in investment (incl. renovation & furnishing)€553,837

Gross yield (asking price)

14.0%

True gross yield (all-in)

11.9%

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: 4
Building: 180
Style: contemporary
Condition: good

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

decorative chandelierfireplacelarge sliding glass doors to outdoor space

Score Breakdown

ROI
24.58
Visual Appeal
10.2
Ownership Security
13
Location
8.4
Land & Space
5.6
Rental Demand
2.53
Payback Speed
4
STR Suitability
3

Description

I present to you an excellent opportunity in the heart of the Algarve: a modern 3+1 bedroom semi-detached house, located in Odiáxere, in the municipality of Lagos, designed to offer comfort, functionality, and quality of life. Built in 2024, this property is spread over three well-organized floors. In the basement, th

Location

📍 37.1450°N, 8.7010°W

· Lagos, Algarve, Portugal

Idealista.pt
Lagos / Western Algarve

Detached house in Rua da Alegria, Odiáxere, Lagos

Inventory
4 Beds
Bathrooms
0 Baths
Built Area
180 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 9.5% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score71
GradeB+
Brixfox Intelligence
71B+Strong
Score Breakdown
ROI & Yield78%
Capital Growth75%
Risk Profile72%
Market Demand71%

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
+15.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$130K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
9.5%
$4,053/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
10.5 yr
Rental only

Property details

Condition: good

Description

I present to you an excellent opportunity in the heart of the Algarve: a modern 3+1 bedroom semi-detached house, located in Odiáxere, in the municipality of Lagos, designed to offer comfort, functionality, and quality of life. Built in 2024, this property is spread over three well-organized floors. In the basement, th

Income Breakdown

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Nightly Rate (ADR)
$1,033/night
50% ($475)Brixfox estimate($1,033/night)200% ($1900)
Occupancy
25%
10%Brixfox estimate(25%)100%

Short-Term Rental

Yearly income
$48,638
Airbnb data$1,033/night · 25% occupancy
Rental income
$1,033/night · 25% occ.
$95,251
Running costs (20%)
Utilities, cleaning, maintenance
-$19,050
Income tax (10%)
Indonesian rental income tax
-$26,670
Property tax
Annual property tax
-$892
Net income
9.5% ROI
$48,638

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$509,783
IMT (transfer tax, investment schedule)$27,554
Imposto de Selo (stamp duty)$4,078
Notary & registration$1,359
Legal / due diligence$7,647
Total acquisition costs$40,638
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.
$10,761
($5,870$15,652)
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.
$38,641
All-in investment$599,823

Gross yield (asking)

18.7%

True gross yield (all-in)

15.9%

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 Lagos.

$4.2M$3.1M$2.1M$1.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $469K
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 10: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$571K
+22%
Rental Income
+$238K
Total Position
$808K
+72%
11.5%/yr
Year 10
Capital Value
$694K
+48%
Rental Income
+$513K
Total Position
$1.2M
+157%
9.9%/yr
Year 20
Capital Value
$1.0M
+119%
Rental Income
+$1.2M
Total Position
$2.2M
+375%
8.1%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$2.1M
Total Position
$3.7M
+678%
7.1%/yr

Location

Lagos

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.5% annual return
Occupancy
Weak
25% average occupancy
Nightly Rate
Strong
$950 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.5% — outperforms most villas in this market
Premium nightly rate of $950 — 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 25% — 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.
15.4%
$6,522/mo
40% occ.
20.5%
$8,721/mo
25% occ.
12.9%
$5,482/mo
current
35% occ.
18.1%
$7,681/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.