T2 flat, Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos
T2 flat, Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos — image 2T2 flat, Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos — image 3T2 flat, Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos — image 4T2 flat, Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos — image 5
Grade B+apartmentluxury

T2 flat, Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos

Lagos · Western Algarve ·

€600,000

Asking Price (EUR)

4.1%

True Net Yield (Owner, all-in)

2.9%

True Net Yield (Managed, all-in)

6.4%

True Gross Yield

53%

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: €43,926/yr
Average Daily Rate: €225
Payback Period: 17.1 years
5-yr Capital Value: €788,391
10-yr Capital Value: €959,198
Brixfox Score: 69.1 / 100
Comparable Properties: 92
Data Confidence: 94%
Search Radius: 2 km

True Investment Cost

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

€690,830

+15.1% over asking

Asking price€600,000
IMT — Property transfer tax (investment schedule)€35,830
IS — Stamp duty (0.8%)€4,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,000
Total acquisition costs€50,880
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€39,950
All-in investment (incl. renovation & furnishing)€690,830

Gross yield (asking price)

7.3%

True gross yield (all-in)

6.4%

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: 2
Bathrooms: 2
Building: 128 m²
Style: minimalist
Condition: new-build
Energy Certificate: In process
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

integrated kitchen appliancesfloor-to-ceiling windowsminimalist lighting fixturesneutral color palette

Score Breakdown

ROI
16.79
Visual Appeal
14
Ownership Security
13
Location
10.44
Land & Space
4.56
Rental Demand
5.35
Payback Speed
2
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 two-bedroom apartments, starting at 128 m², offer spacious and well-distributed areas, designed for maximum comfort. With a contemporary design, marked by elegant lines and

Location

📍 37.1170°N, 8.6780°W

· Lagos, Algarve, Portugal

View on JARDIM DE LAGOS – CONSTRUÇÕES E URBANISMO LDA. →Also on Idealista.pt
Idealista.pt
Lagos / Western Algarve

T2 flat, Lugar de Bem Parece, Nn, Falfeira - Monte Funchal, Lagos

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

Grade B+ investment — short-term rental yields 4.9% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score69
GradeB+
Brixfox Intelligence
69B+Strong
Score Breakdown
ROI & Yield76%
Capital Growth72%
Risk Profile71%
Market Demand69%

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
+10.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$166K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.9%
$2,656/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
20.5 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 two-bedroom apartments, starting at 128 m², offer spacious and well-distributed areas, designed for maximum comfort. With a contemporary design, marked by elegant lines and

Income Breakdown

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Nightly Rate (ADR)
$325/night
50% ($150)Brixfox estimate($325/night)200% ($598)
Occupancy
53%
10%Brixfox estimate(53%)100%

Short-Term Rental

Yearly income
$31,873
Airbnb data$325/night · 53% occupancy
Rental income
$325/night · 53% occ.
$63,489
Running costs (20%)
Utilities, cleaning, maintenance
-$12,698
Income tax (10%)
Indonesian rental income tax
-$17,777
Property tax
Annual property tax
-$1,141
Net income
4.9% ROI
$31,873

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$652,174
IMT (transfer tax, investment schedule)$38,946
Imposto de Selo (stamp duty)$5,217
Notary & registration$1,359
Legal / due diligence$9,783
Total acquisition costs$55,304
RenovationMove-in ready
Furnishing & STR launch
2bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$43,424
All-in investment$750,902

Gross yield (asking)

9.7%

True gross yield (all-in)

8.5%

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.

$3.8M$2.9M$1.9M$961K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $600K
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 17: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$730K
+22%
Rental Income
+$156K
Total Position
$886K
+48%
8.1%/yr
Year 10
Capital Value
$888K
+48%
Rental Income
+$336K
Total Position
$1.2M
+104%
7.4%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$788K
Total Position
$2.1M
+250%
6.5%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$1.4M
Total Position
$3.3M
+457%
5.9%/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
Average
4.9% annual return
Occupancy
Average
53% average occupancy
Nightly Rate
Strong
$299 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 $299 — 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
Yield of 4.9% is near the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

33% occ.
4.1%
$2,224/mo
43% occ.
5.4%
$2,916/mo
53% occ.
6.6%
$3,609/mo
current
63% occ.
7.9%
$4,301/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.