T3 flat,  Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos
T3 flat,  Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos — image 2T3 flat,  Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos — image 3T3 flat,  Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos — image 4T3 flat,  Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos — image 5
Grade B+apartmentluxury

T3 flat, Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos

Lagos · Western Algarve ·

€875,000

Asking Price (EUR)

4.8%

True Net Yield (Owner, all-in)

3.3%

True Net Yield (Managed, all-in)

7.4%

True Gross Yield

55%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 14% 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: €73,844/yr
Average Daily Rate: 368
Payback Period: 14.6 years
5-yr Capital Value: €1.1M
10-yr Capital Value: €1.4M
Brixfox Score: 73.3 / 100
Comparable Properties: 46
Data Confidence: 91%
Search Radius: 2 km

True Investment Cost

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

€997,675

+14.0% over asking

Asking price€875,000
IMT — Property transfer tax (investment schedule)€52,500
IS — Stamp duty (0.8%)€7,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€13,125
Total acquisition costs€73,875
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€48,800
All-in investment (incl. renovation & furnishing)€997,675

Gross yield (asking price)

8.4%

True gross yield (all-in)

7.4%

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: 3
Bathrooms: 2
Building: 259
Style: modern
Condition: new-build
Energy Certificate: In process
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

integrated kitchen appliancesminimalist lighting fixturesfloor-to-ceiling windowsneutral color palette

Score Breakdown

ROI
18.32
Visual Appeal
14
Ownership Security
13
Location
10.44
Land & Space
6
Rental Demand
5.5
Payback Speed
3
STR Suitability
3

Description

Live a contemporary and exclusive lifestyle in Jardim de Lagos, a private condominium that combines comfort, modernity, and superior quality. The 3-bedroom apartments, starting at 259m², offer spacious and well-distributed areas, designed for maximum comfort. With a contemporary design, marked by elegant lines and hi

Location

📍 37.1170°N, 8.6780°W

· Lagos, Algarve, Portugal

Idealista.pt
Lagos / Western Algarve

T3 flat, Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos

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

Grade B+ investment — short-term rental yields 5.7% 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
+11.3%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$242K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.7%
$4,547/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
9 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
17.4 yr
Rental only

Property details

Energy: In process
Condition: new-build

Description

Live a contemporary and exclusive lifestyle in Jardim de Lagos, a private condominium that combines comfort, modernity, and superior quality. The 3-bedroom apartments, starting at 259m², offer spacious and well-distributed areas, designed for maximum comfort. With a contemporary design, marked by elegant lines and hi

Income Breakdown

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Nightly Rate (ADR)
$539/night
50% ($248)Brixfox estimate($539/night)200% ($992)
Occupancy
55%
10%Brixfox estimate(55%)100%

Short-Term Rental

Yearly income
$54,567
Airbnb data$539/night · 55% occupancy
Rental income
$539/night · 55% occ.
$108,137
Running costs (20%)
Utilities, cleaning, maintenance
-$21,627
Income tax (10%)
Indonesian rental income tax
-$30,278
Property tax
Annual property tax
-$1,664
Net income
5.7% ROI
$54,567

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$951,087
IMT (transfer tax, investment schedule)$57,065
Imposto de Selo (stamp duty)$7,609
Notary & registration$1,359
Legal / due diligence$14,266
Total acquisition costs$80,299
RenovationMove-in ready
Furnishing & STR launch
3bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.
$53,043
All-in investment$1,084,429

Gross yield (asking)

11.4%

True gross yield (all-in)

10.0%

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.

$6.0M$4.5M$3.0M$1.5M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $875K
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 15: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.1M
+22%
Rental Income
+$267K
Total Position
$1.3M
+52%
8.8%/yr
Year 10
Capital Value
$1.3M
+48%
Rental Income
+$576K
Total Position
$1.9M
+114%
7.9%/yr
Year 20
Capital Value
$1.9M
+119%
Rental Income
+$1.3M
Total Position
$3.3M
+273%
6.8%/yr
Year 30
Capital Value
$2.8M
+224%
Rental Income
+$2.4M
Total Position
$5.2M
+497%
6.1%/yr

Location

Lagos

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.7% annual return
Occupancy
Average
55% average occupancy
Nightly Rate
Strong
$496 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $496 — 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
Occupancy at 55% — 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

35% occ.
4.9%
$3,874/mo
45% occ.
6.3%
$5,022/mo
55% occ.
7.8%
$6,169/mo
current
65% occ.
9.2%
$7,317/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.