House in Chinicato - Sargaçal, Lagos
House in Chinicato - Sargaçal, Lagos — image 2House in Chinicato - Sargaçal, Lagos — image 3House in Chinicato - Sargaçal, Lagos — image 4House in Chinicato - Sargaçal, Lagos — image 5
Grade B+villabudget

House in Chinicato - Sargaçal, Lagos

Lagos · Western Algarve ·

€375,000

Asking Price (EUR)

3.0%

True Net Yield (Owner, all-in)

2.1%

True Net Yield (Managed, all-in)

4.7%

True Gross Yield

52%

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: €36,465/yr
Average Daily Rate: €194
Payback Period: 12.7 years
5-yr Capital Value: €492,744
10-yr Capital Value: €599,499
Brixfox Score: 72.2 / 100
Comparable Properties: 36
Data Confidence: 87%
Search Radius: 2 km

True Investment Cost

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

€781,555

+108.4% over asking

Asking price€375,000
IMT — Property transfer tax (investment schedule)€17,830
IS — Stamp duty (0.8%)€3,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,625
Total acquisition costs€27,705
Renovation (est. €900/m² × 400 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€360,000
(€280,000–€440,000)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€18,850
All-in investment (incl. renovation & furnishing)€781,555

Gross yield (asking price)

9.7%

True gross yield (all-in)

4.7%

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: 1
Building: 400 m²
Land: 400 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1951
Energy Certificate: Not indicated

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
19.9
Visual Appeal
10
Ownership Security
13
Location
10.44
Land & Space
7.73
Rental Demand
5.15
Payback Speed
3
STR Suitability
3

Description

House for renovation. Located in the parish of Bensafrim, in the picturesque town of Colégio, this villa is a diamond in the rough, looking for a new family to polish it and transform it into a house with all the comfort we demand today. It has a duly licensed borehole and connection to the power grid. With several

Location

📍 37.1298°N, 8.6724°W

· Lagos, Algarve, Portugal

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Idealista.pt
Lagos / Western Algarve

House in Chinicato - Sargaçal, Lagos

Inventory
2 Beds
Bathrooms
1 Baths
Built Area
400 m²
Land Plot
400 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 6.6% 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
+12.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$104K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.6%
$2,251/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
15.1 yr
Rental only

Property details

Year built: 1951
Energy: Not indicated
Condition: needs-renovation

Description

House for renovation. Located in the parish of Bensafrim, in the picturesque town of Colégio, this villa is a diamond in the rough, looking for a new family to polish it and transform it into a house with all the comfort we demand today. It has a duly licensed borehole and connection to the power grid. With several

Income Breakdown

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Nightly Rate (ADR)
$284/night
50% ($130)Brixfox estimate($284/night)200% ($522)
Occupancy
52%
10%Brixfox estimate(52%)100%

Short-Term Rental

Yearly income
$27,016
Airbnb data$284/night · 52% occupancy
Rental income
$284/night · 52% occ.
$53,326
Running costs (20%)
Utilities, cleaning, maintenance
-$10,665
Income tax (10%)
Indonesian rental income tax
-$14,931
Property tax
Annual property tax
-$713
Net income
6.6% ROI
$27,016

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$407,609
IMT (transfer tax, investment schedule)$19,380
Imposto de Selo (stamp duty)$3,261
Notary & registration$1,359
Legal / due diligence$6,114
Total acquisition costs$30,114
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$391,304
($304,348–$478,261)
Furnishing & STR launch
2bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$18,315
All-in investment$847,342

Gross yield (asking)

13.1%

True gross yield (all-in)

6.3%

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.

$2.8M$2.1M$1.4M$690K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $375K
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 13: 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
$456K
+22%
Rental Income
+$132K
Total Position
$588K
+57%
9.4%/yr
Year 10
Capital Value
$555K
+48%
Rental Income
+$285K
Total Position
$840K
+124%
8.4%/yr
Year 20
Capital Value
$822K
+119%
Rental Income
+$668K
Total Position
$1.5M
+297%
7.1%/yr
Year 30
Capital Value
$1.2M
+224%
Rental Income
+$1.2M
Total Position
$2.4M
+540%
6.4%/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
Good
6.6% annual return
Occupancy
Average
52% average occupancy
Nightly Rate
Strong
$261 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Good
400 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $261 — 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.
5.4%
$1,844/mo
42% occ.
7.2%
$2,448/mo
52% occ.
9.0%
$3,051/mo
current
62% occ.
10.8%
$3,655/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.