T2 flat in Rua Professor Joaquim Alberto Taquelim, 18, Santo Amaro, Lagos Cidade, Lagos
Grade B+apartmentmid-range

T2 flat in Rua Professor Joaquim Alberto Taquelim, 18, Santo Amaro, Lagos Cidade, Lagos

Lagos · Western Algarve ·

€290,000

Asking Price (EUR)

7.3%

True Net Yield (Owner, all-in)

5.0%

True Net Yield (Managed, all-in)

11.2%

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: €37,767/yr
Average Daily Rate: €190
-3.0% vs area baselineImage quality 6/10 (-3%), Modern/contemporary style (+12%), No pool (-12%)
Payback Period: 9.5 years
5-yr Capital Value: €381,056
10-yr Capital Value: €463,613
Brixfox Score: 72.5 / 100
Comparable Properties: 91
Data Confidence: 97%
Search Radius: 2 km

True Investment Cost

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

€337,917

+16.5% over asking

Asking price€290,000
IMT — Property transfer tax (investment schedule)€11,297
IS — Stamp duty (0.8%)€2,320
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,350
Total acquisition costs€19,217
Renovation (est. €55/m² × 70 m²)
Light touch-ups — paint, fixtures, deep clean.		€3,850
(€2,100–€5,600)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€24,850
All-in investment (incl. renovation & furnishing)€337,917

Gross yield (asking price)

13.0%

True gross yield (all-in)

11.2%

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: 70 m²
Style: contemporary
Condition: good
Energy Certificate: B

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

sliding wardrobe with dark panelsminimalist bedside table

Score Breakdown

ROI
24.02
Visual Appeal
9.2
Ownership Security
13
Location
10.44
Land & Space
3.4
Rental Demand
5.45
Payback Speed
4
STR Suitability
3

Location

📍 37.1009°N, 8.6803°W

· Lagos, Algarve, Portugal

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Idealista.pt
Lagos / Western Algarve

T2 flat in Rua Professor Joaquim Alberto Taquelim, 18, Santo Amaro, Lagos Cidade, Lagos

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

Grade B+ investment — short-term rental yields 8.9% net return annually.

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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
+14.5%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$80K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.9%
$2,348/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
11.2 yr
Rental only

Property details

Energy: B
Condition: good

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$277/night
50% ($128)Brixfox estimate($277/night)200% ($511)
Occupancy
55%
10%Brixfox estimate(55%)100%

Short-Term Rental

Yearly income
$28,178
Airbnb data$277/night · 55% occupancy
Rental income
$277/night · 55% occ.
$55,250
Running costs (20%)
Utilities, cleaning, maintenance
-$11,050
Income tax (10%)
Indonesian rental income tax
-$15,470
Property tax
Annual property tax
-$552
Net income
8.9% ROI
$28,178

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$315,217
IMT (transfer tax, investment schedule)$12,279
Imposto de Selo (stamp duty)$2,522
Notary & registration$1,359
Legal / due diligence$4,728
Total acquisition costs$20,888
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$4,185
($2,283–$6,087)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$27,011
All-in investment$367,301

Gross yield (asking)

17.5%

True gross yield (all-in)

15.0%

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.

$2.5M$1.9M$1.3M$625K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $290K
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 10: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$353K
+22%
Rental Income
+$138K
Total Position
$490K
+69%
11.1%/yr
Year 10
Capital Value
$429K
+48%
Rental Income
+$297K
Total Position
$726K
+151%
9.6%/yr
Year 20
Capital Value
$635K
+119%
Rental Income
+$697K
Total Position
$1.3M
+359%
7.9%/yr
Year 30
Capital Value
$941K
+224%
Rental Income
+$1.2M
Total Position
$2.2M
+650%
6.9%/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
Strong
8.9% annual return
Occupancy
Average
55% average occupancy
Nightly Rate
Strong
$255 per night
Visual Appeal
Average
4/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 8.9% — outperforms most villas in this market
Premium nightly rate of $255 — 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 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.
7.6%
$1,995/mo
45% occ.
9.8%
$2,586/mo
55% occ.
12.1%
$3,177/mo
current
65% occ.
14.3%
$3,768/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.