T3 flat, N125, 113, Odiáxere, Lagos
T3 flat, N125, 113, Odiáxere, Lagos — image 2T3 flat, N125, 113, Odiáxere, Lagos — image 3T3 flat, N125, 113, Odiáxere, Lagos — image 4T3 flat, N125, 113, Odiáxere, Lagos — image 5
Grade B+apartmentmid-range

T3 flat, N125, 113, Odiáxere, Lagos

Lagos · Western Algarve ·

€373,000

Asking Price (EUR)

6.6%

True Net Yield (Owner, all-in)

4.6%

True Net Yield (Managed, all-in)

10.2%

True Gross Yield

52%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.5 months ago and is currently at 12% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €44,670/yr
Average Daily Rate: €235
Payback Period: 10.2 years
5-yr Capital Value: €490,116
10-yr Capital Value: €596,302
Brixfox Score: 71.6 / 100
Comparable Properties: 6
Data Confidence: 65%
Search Radius: 3 km

True Investment Cost

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

€439,334

+17.8% over asking

Asking price€373,000
IMT — Property transfer tax (investment schedule)€17,670
IS — Stamp duty (0.8%)€2,984
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,595
Total acquisition costs€27,499
Renovation (est. €55/m² × 157 m²)
Light touch-ups — paint, fixtures, deep clean.		€8,635
(€4,710–€12,560)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€30,200
All-in investment (incl. renovation & furnishing)€439,334

Gross yield (asking price)

12.0%

True gross yield (all-in)

10.2%

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: 157 m²
Style: portuguese-traditional
Condition: good
Year Built: 2008
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

arched facade elementstiled entrance floorwood paneling in common area

Score Breakdown

ROI
22.83
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
5.14
Rental Demand
5.21
Payback Speed
4
STR Suitability
3

Description

DON'T MISS THIS GREAT OPPORTUNITY! MODERN, SPACIOUS APARTMENT (157 m2) WITH PRIVATE PARKING SPACE, LARGE BALCONIES, FIREPLACE AND BARBECUE, VERY WELL LOCATED IN A QUIET AND TRANQUIL URBANIZATION! The apartment is located in a quiet and peaceful urbanization, very well strategically situated, close to all amenities an

Location

📍 37.1471°N, 8.6595°W

· Lagos, Algarve, Portugal

View on Century21 Realty Art 2 →Also on Idealista.pt
Idealista.pt
Lagos / Western Algarve

T3 flat, N125, 113, Odiáxere, Lagos

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

Grade B+ investment — short-term rental yields 8.3% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score72
GradeB+
Brixfox Intelligence
72B+Strong
Score Breakdown
ROI & Yield79%
Capital Growth76%
Risk Profile73%
Market Demand72%

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
+13.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$103K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.3%
$2,796/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
12.1 yr
Rental only

Property details

Year built: 2008
Energy: C
Condition: good

Description

DON'T MISS THIS GREAT OPPORTUNITY! MODERN, SPACIOUS APARTMENT (157 m2) WITH PRIVATE PARKING SPACE, LARGE BALCONIES, FIREPLACE AND BARBECUE, VERY WELL LOCATED IN A QUIET AND TRANQUIL URBANIZATION! The apartment is located in a quiet and peaceful urbanization, very well strategically situated, close to all amenities an

Income Breakdown

Adjust Forecast

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Nightly Rate (ADR)
$347/night
50% ($159)Brixfox estimate($347/night)200% ($638)
Occupancy
52%
10%Brixfox estimate(52%)100%

Short-Term Rental

Yearly income
$33,553
Airbnb data$347/night · 52% occupancy
Rental income
$347/night · 52% occ.
$65,889
Running costs (20%)
Utilities, cleaning, maintenance
-$13,178
Income tax (10%)
Indonesian rental income tax
-$18,449
Property tax
Annual property tax
-$710
Net income
8.3% ROI
$33,553

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$405,435
IMT (transfer tax, investment schedule)$19,207
Imposto de Selo (stamp duty)$3,243
Notary & registration$1,359
Legal / due diligence$6,082
Total acquisition costs$29,890
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$9,386
($5,120–$13,652)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$477,537

Gross yield (asking)

16.3%

True gross yield (all-in)

13.8%

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.

$3.1M$2.3M$1.5M$770K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $373K
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 11: 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
$454K
+22%
Rental Income
+$164K
Total Position
$618K
+66%
10.6%/yr
Year 10
Capital Value
$552K
+48%
Rental Income
+$354K
Total Position
$906K
+143%
9.3%/yr
Year 20
Capital Value
$817K
+119%
Rental Income
+$829K
Total Position
$1.6M
+341%
7.7%/yr
Year 30
Capital Value
$1.2M
+224%
Rental Income
+$1.5M
Total Position
$2.7M
+618%
6.8%/yr

Location

Lagos

Western Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
8.3% annual return
Occupancy
Average
52% average occupancy
Nightly Rate
Strong
$319 per night
Visual Appeal
Average
4/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 8.3% — outperforms most villas in this market
Premium nightly rate of $319 — 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 52% — 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

32% occ.
6.8%
$2,308/mo
42% occ.
9.0%
$3,046/mo
52% occ.
11.2%
$3,784/mo
current
62% occ.
13.4%
$4,523/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.