T2 flat in Rua Professor Jaime Aschemann Palhinha, Cerro das Mós - Parque do Moínho - São João, Lagos Cidade, Lagos
T2 flat in Rua Professor Jaime Aschemann Palhinha, Cerro das Mós - Parque do Moínho - São João, Lagos Cidade, Lagos — image 2T2 flat in Rua Professor Jaime Aschemann Palhinha, Cerro das Mós - Parque do Moínho - São João, Lagos Cidade, Lagos — image 3T2 flat in Rua Professor Jaime Aschemann Palhinha, Cerro das Mós - Parque do Moínho - São João, Lagos Cidade, Lagos — image 4T2 flat in Rua Professor Jaime Aschemann Palhinha, Cerro das Mós - Parque do Moínho - São João, Lagos Cidade, Lagos — image 5
Grade A+apartmentmid-rangeBuilding holds 85 AL licences

T2 flat in Rua Professor Jaime Aschemann Palhinha, Cerro das Mós - Parque do Moínho - São João, Lagos Cidade, Lagos

Lagos · Western Algarve ·

€570,000

Asking Price (EUR)

Net yield — free account

True Net Yield (after-tax, all-in)

6.2%

True Gross Yield

51%

Occupancy

Projected Gross Revenue: €40,121/yr
Average Daily Rate: 214
+25.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%)
5-yr Capital Value: €660,786
10-yr Capital Value: €766,032
Brixfox Score: 98 / 100
Comparable Properties: 270
Data Confidence: 92%
Search Radius: 2 km

True Investment Cost

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

€644,610

+13.1% over asking

Asking price€570,000
IMT — Property transfer tax (investment schedule)€32,900
IS — Stamp duty (0.8%)€4,560
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,550
Total acquisition costs€47,260
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€27,350
All-in investment (incl. renovation & furnishing)€644,610

Gross yield (asking price)

7.0%

True gross yield (all-in)

6.2%

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: 2
Building: 160
Style: contemporary
Condition: excellent
Year Built: 2009
Energy Certificate: B
Private Pool
View

Short-term rental is established in this building — 85 active AL licences registered at this address

Other units in the same building are registered for Alojamento Local in the official RNAL register, so STR demonstrably operates at this address. This unit’s own licence status is unconfirmed — the Algarve has no containment zones, so a new AL registration is normally obtainable, but confirm with the câmara municipal and check the condominium rules before counting on STR income.

Search the official RNT register →

Design Features

enclosed balcony with panoramic viewsoutdoor kitchen/BBQ arearooftop bar with viewscommunal pool

Score Breakdown

ROI
22.92
Visual Appeal
14.2
Ownership Security
13
Location
10.44
Land & Space
5.2
Rental Demand
5.12
Payback Speed
5
STR Suitability
4

Description

Magnificent apartment located on the top floor of a modern building with elevator access, enjoying an excellent location just a few minutes' walk from the Marina and the historic centre of Lagos. The property comprises an entrance hall, a spacious living room with a fully equipped open-plan kitchen, with access to a t

Location

📍 37.1076°N, 8.6868°W

Approximate location

· Lagos, Algarve, Portugal

Confirmed on the market 2 days ago.

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T2 flat in Rua Professor Jaime Aschemann Palhinha, Cerro das Mós - Parque do Moínho - São João, Lagos Cidade, Lagos

Lagos · Western Algarve · Ref BF-334Source · Lagos Algarve Real Estate · listed 16 Apr 2026
Asking price
€570,000
Bedrooms
2
Bathrooms
2
Built area
160 m²
Brixfox Score 98 · A+Financial analysis ↓

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Short-term rental is established in this building — 85 active AL licences registered at this address

Other units in the same building are registered for Alojamento Local in the official RNAL register, so STR demonstrably operates at this address. This unit’s own licence status is unconfirmed — the Algarve has no containment zones, so a new AL registration is normally obtainable, but confirm with the câmara municipal and check the condominium rules before counting on STR income.

Search the official RNT register →

Property details

Year built: 2009
Energy: B
Condition: excellent
AL licence: Building has AL (85 licences)

Description

Magnificent apartment located on the top floor of a modern building with elevator access, enjoying an excellent location just a few minutes' walk from the Marina and the historic centre of Lagos. The property comprises an entrance hall, a spacious living room with a fully equipped open-plan kitchen, with access to a t

Financials

What it earns, what it costs to own, and the net yield

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager whose commission includes the OTA/channel listing (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission but pays the OTA host fee, staff/local operations and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
Gross yield · all-in basis
Before tax in your home country and financing costs. Estimates, not financial advice.

No Airbnb match on file

We have not confirmed this exact property on Airbnb, so it carries no operating history here. The figures above rest on the comparable set — a launch scenario, not a track record.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR and revenue are the expected BOOKED figures — nearby asking prices corrected by our measured asking-to-booked factor (Portugal's calendar dataset is young, so this is a conservative estimate). Occupancy is the seasonality-adjusted full-year rate. The comp cards below show raw asking prices.
Expected ADR
€214
Expected booked rate (asking prices × measured booked factor)
Expected occupancy
51%
Full-year estimate, market-calibrated
Projected annual revenue
€40,121
ADR × occupancy × 365
Comp data observed in USD · converted at €0.88/$
Seasonal occupancy pattern
Peak Aug +50% · Low Dec -41%
J
F
M
A
M
J
J
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D
Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
Acquisition costs· 8.3% of price, auto-calculated
€47,260
IMT (transfer tax, investment schedule)€32,900
Imposto de Selo (stamp duty)€4,560
Notary & registration€1,250
Legal fees€8,550
Renovation budget· Move-in ready. No renovation budgeted.
Furniture & STR launch· default ≈ €13,675/bedroom
All-in investment
€644,610
+13.1% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
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Net yield on all-in investment
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Total return, if prices move

Net yield plus an appreciation assumption you choose. Appreciation is a forward-looking assumption, not data — which is why it defaults to 0% and is kept out of the yield figures above.
Annual appreciation assumption0%
0%5% · Lagos 5-yr avg — historical, not a forecast8%
Indicative total return
••/yr
••% net yield + 0% appreciation
Appreciation assumptions are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.
Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Lagos · Western Algarve

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

98A
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Upgrade to Pro to see the full scorecard analysis.

Risk & what-if

ScenarioOccupancyNet income /yrNet yield
-20 pts occupancy31%••••••%
-10 pts occupancy41%••••••%
Expected51%••••••%
+10 pts occupancy61%••••••%

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost · upgrade to Pro to stress-test this yield

TenureFreeholdno lease decay · no amortisation
Payback19.9 yearsfrom net rent at the expected case
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Modelled from live Airbnb calendar data around this property · operating costs per line, editable in the P&L · estimates, not financial advice.Data sources & methodology ›

ROI calculations use Brixfox Intelligence rental data from live Airbnb calendar tracking — the Algarve dataset has been live since March 2026, seasonality-adjusted to a full-year estimate with a conservative calibration while it matures. Operating costs are modelled per line (management, channel fees, cleaning, utilities, IMI, maintenance, insurance). After-tax yields deduct non-resident IRS on AL income under the simplified regime (~8.75% of gross); buyer-side IMT and stamp duty are included in the all-in cost basis. Market factors in Portugal may impact actual yields.