T4 flat in Rua Jacinto Correia, Cidade de Lagoa, Lagoa e Carvoeiro
T4 flat in Rua Jacinto Correia, Cidade de Lagoa, Lagoa e Carvoeiro — image 2T4 flat in Rua Jacinto Correia, Cidade de Lagoa, Lagoa e Carvoeiro — image 3T4 flat in Rua Jacinto Correia, Cidade de Lagoa, Lagoa e Carvoeiro — image 4T4 flat in Rua Jacinto Correia, Cidade de Lagoa, Lagoa e Carvoeiro — image 5
Grade Aapartmentmid-range

T4 flat in Rua Jacinto Correia, Cidade de Lagoa, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€595,000

Asking Price (EUR)

12.4%

True Net Yield (Owner, all-in)

8.6%

True Net Yield (Managed, all-in)

19.0%

True Gross Yield

64%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.8 months ago and is currently at 15% 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: €129,544/yr
Average Daily Rate: €557
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 5.7 years
5-yr Capital Value: €781,821
10-yr Capital Value: €951,205
Brixfox Score: 78.1 / 100
Comparable Properties: 12
Data Confidence: 68%
Search Radius: 4 km

True Investment Cost

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

€680,915

+14.4% over asking

Asking price€595,000
IMT — Property transfer tax (investment schedule)€35,430
IS — Stamp duty (0.8%)€4,760
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,925
Total acquisition costs€50,365
Renovation€0 — move-in ready
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€35,550
All-in investment (incl. renovation & furnishing)€680,915

Gross yield (asking price)

21.8%

True gross yield (all-in)

19.0%

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
Bathrooms: 4
Building: 146 m²
Style: contemporary
Condition: excellent
Year Built: 2020
Energy Certificate: B
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

glass balcony railingwooden outdoor furniture

Score Breakdown

ROI
25
Visual Appeal
10.2
Ownership Security
13
Location
10.56
Land & Space
4.92
Rental Demand
6.38
Payback Speed
5
STR Suitability
3

Description

Spacious 4-Bedroom Apartment with Garage Parking | Lagoa Center Located in the heart of Lagoa, this modern 4-bedroom apartment offers generous living space, refined finishes, and a truly convenient location. Set in the Atrium Lagoa, a modern residential building completed in 2020, the property feels almost new and is

Location

📍 37.1343°N, 8.4532°W

· Lagoa/Carvoeiro, Algarve, Portugal

View on Palm Properties Portugal →Also on Idealista.pt
Idealista.pt
Lagoa/Carvoeiro / Central Algarve

T4 flat in Rua Jacinto Correia, Cidade de Lagoa, Lagoa e Carvoeiro

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

Grade A investment — short-term rental yields 15.0% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score78
GradeA
Brixfox Intelligence
78AExcellent
Score Breakdown
ROI & Yield86%
Capital Growth82%
Risk Profile79%
Market Demand78%

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
+20.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$164K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
15.0%
$8,107/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
5 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
6.6 yr
Rental only

Property details

Year built: 2020
Energy: B
Condition: excellent

Description

Spacious 4-Bedroom Apartment with Garage Parking | Lagoa Center Located in the heart of Lagoa, this modern 4-bedroom apartment offers generous living space, refined finishes, and a truly convenient location. Set in the Atrium Lagoa, a modern residential building completed in 2020, the property feels almost new and is

Income Breakdown

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Nightly Rate (ADR)
$813/night
50% ($374)Brixfox estimate($813/night)200% ($1497)
Occupancy
64%
10%Brixfox estimate(64%)100%

Short-Term Rental

Yearly income
$97,279
Airbnb data$813/night · 64% occupancy
Rental income
$813/night · 64% occ.
$189,252
Running costs (20%)
Utilities, cleaning, maintenance
-$37,850
Income tax (10%)
Indonesian rental income tax
-$52,991
Property tax
Annual property tax
-$1,132
Net income
15.0% ROI
$97,279

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$646,739
IMT (transfer tax, investment schedule)$38,511
Imposto de Selo (stamp duty)$5,174
Notary & registration$1,359
Legal / due diligence$9,701
Total acquisition costs$54,745
RenovationMove-in ready
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$38,641
All-in investment$740,125

Gross yield (asking)

29.3%

True gross yield (all-in)

25.6%

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 Lagoa/Carvoeiro.

$7.1M$5.3M$3.6M$1.8M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $595K
Capital appreciation
Property value growing at +4%/yr based on Lagoa/Carvoeiro 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 7: rental income alone has repaid the full purchase price.
2x return
Year 5: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$724K
+22%
Rental Income
+$475K
Total Position
$1.2M
+102%
15.0%/yr
Year 10
Capital Value
$881K
+48%
Rental Income
+$1.0M
Total Position
$1.9M
+220%
12.4%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$2.4M
Total Position
$3.7M
+523%
9.6%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$4.3M
Total Position
$6.2M
+940%
8.1%/yr

Location

Lagoa/Carvoeiro

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
15.0% annual return
Occupancy
Good
64% average occupancy
Nightly Rate
Strong
$748 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 15.0% — outperforms most villas in this market
Premium nightly rate of $748 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Compact plot at 0 m² — limited expansion potential

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

44% occ.
13.9%
$7,482/mo
54% occ.
17.1%
$9,214/mo
64% occ.
20.3%
$10,945/mo
current
74% occ.
23.5%
$12,677/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.