T3 flat in Chinicato - Sargaçal, Lagos
T3 flat in Chinicato - Sargaçal, Lagos — image 2T3 flat in Chinicato - Sargaçal, Lagos — image 3T3 flat in Chinicato - Sargaçal, Lagos — image 4T3 flat in Chinicato - Sargaçal, Lagos — image 5
Grade B+apartmentmid-range

T3 flat in Chinicato - Sargaçal, Lagos

Lagos · Western Algarve ·

€620,000

Asking Price (EUR)

6.0%

True Net Yield (Owner, all-in)

4.2%

True Net Yield (Managed, all-in)

9.3%

True Gross Yield

64%

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: €65,357/yr
Average Daily Rate: €279
Payback Period: 11.8 years
5-yr Capital Value: €814,671
10-yr Capital Value: €991,172
Brixfox Score: 73.1 / 100
Comparable Properties: 11
Data Confidence: 75%
Search Radius: 2 km

True Investment Cost

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

€705,640

+13.8% over asking

Asking price€620,000
IMT — Property transfer tax (investment schedule)€37,430
IS — Stamp duty (0.8%)€4,960
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,300
Total acquisition costs€52,940
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,700
All-in investment (incl. renovation & furnishing)€705,640

Gross yield (asking price)

10.5%

True gross yield (all-in)

9.3%

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: 172 m²
Style: modern
Condition: new-build
Year Built: 2021
Energy Certificate: A
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large balconiescommunal garden areamultiple swimming pools (main and children's)

Score Breakdown

ROI
20.77
Visual Appeal
10
Ownership Security
13
Location
10.44
Land & Space
5.44
Rental Demand
6.43
Payback Speed
4
STR Suitability
3

Description

More than an apartment.. . a lifestyle! Close to the center.. . close to the beach.. . close to the best services in town.. . but away from all the hassle! This luxury condominium is located in the highest zone of the city, stands out from the others by a very modern and bold architecture, as well as by the excellent q

Location

📍 37.1256°N, 8.6879°W

· Lagos, Algarve, Portugal

View on Predimed Susana Valente →Also on Idealista.pt
Idealista.pt
Lagos / Western Algarve

T3 flat in Chinicato - Sargaçal, Lagos

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

Grade B+ investment — short-term rental yields 7.1% 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
+12.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$171K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.1%
$3,995/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
14.1 yr
Rental only

Property details

Year built: 2021
Energy: A
Condition: new-build

Description

More than an apartment.. . a lifestyle! Close to the center.. . close to the beach.. . close to the best services in town.. . but away from all the hassle! This luxury condominium is located in the highest zone of the city, stands out from the others by a very modern and bold architecture, as well as by the excellent q

Income Breakdown

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Nightly Rate (ADR)
$403/night
50% ($185)Brixfox estimate($403/night)200% ($741)
Occupancy
64%
10%Brixfox estimate(64%)100%

Short-Term Rental

Yearly income
$47,945
Airbnb data$403/night · 64% occupancy
Rental income
$403/night · 64% occ.
$94,471
Running costs (20%)
Utilities, cleaning, maintenance
-$18,894
Income tax (10%)
Indonesian rental income tax
-$26,452
Property tax
Annual property tax
-$1,179
Net income
7.1% ROI
$47,945

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$673,913
IMT (transfer tax, investment schedule)$40,685
Imposto de Selo (stamp duty)$5,391
Notary & registration$1,359
Legal / due diligence$10,109
Total acquisition costs$57,543
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$35,543
All-in investment$767,000

Gross yield (asking)

14.0%

True gross yield (all-in)

12.3%

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.

$4.7M$3.5M$2.4M$1.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $620K
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 12: 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
$754K
+22%
Rental Income
+$234K
Total Position
$989K
+59%
9.8%/yr
Year 10
Capital Value
$918K
+48%
Rental Income
+$506K
Total Position
$1.4M
+130%
8.7%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$1.2M
Total Position
$2.5M
+310%
7.3%/yr
Year 30
Capital Value
$2.0M
+224%
Rental Income
+$2.1M
Total Position
$4.1M
+563%
6.5%/yr

Location

Lagos

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.1% annual return
Occupancy
Good
64% average occupancy
Nightly Rate
Strong
$370 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $370 — 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.
6.6%
$3,698/mo
54% occ.
8.1%
$4,555/mo
64% occ.
9.6%
$5,413/mo
current
74% occ.
11.2%
$6,270/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.