T1 flat in Rua Depósito de Água, Nn, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro
T1 flat in Rua Depósito de Água, Nn, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 2T1 flat in Rua Depósito de Água, Nn, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 3T1 flat in Rua Depósito de Água, Nn, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 4T1 flat in Rua Depósito de Água, Nn, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 5
Grade Bapartmentmid-range

T1 flat in Rua Depósito de Água, Nn, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€475,000

Asking Price (EUR)

2.1%

True Net Yield (Owner, all-in)

1.5%

True Net Yield (Managed, all-in)

3.3%

True Gross Yield

36%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.9 months ago and is currently at 16% 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: €17,577/yr
Average Daily Rate: €135
+3.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%), Has view (+10%)
Payback Period: 33.6 years
5-yr Capital Value: €624,143
10-yr Capital Value: €759,365
Brixfox Score: 56.3 / 100
Comparable Properties: 24
Data Confidence: 89%
Search Radius: 2 km

True Investment Cost

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

€537,400

+13.1% over asking

Asking price€475,000
IMT — Property transfer tax (investment schedule)€25,830
IS — Stamp duty (0.8%)€3,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,125
Total acquisition costs€38,005
Renovation (est. €55/m² × 89 m²)
Light touch-ups — paint, fixtures, deep clean.		€4,895
(€2,670–€7,120)
Furnishing & STR launch (1bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€19,500
All-in investment (incl. renovation & furnishing)€537,400

Gross yield (asking price)

3.7%

True gross yield (all-in)

3.3%

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: 1
Bathrooms: 1
Building: 89 m²
Style: portuguese-traditional
Condition: good
Year Built: 2002
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

terracotta roof tilesbalcony with sea viewtraditional Portuguese architecture

Score Breakdown

ROI
11.23
Visual Appeal
11.2
Ownership Security
13
Location
10.56
Land & Space
3.78
Rental Demand
3.56
Payback Speed
0
STR Suitability
3

Description

Top-Floor Apartment with Sea View in Carvoeiro Welcome to this charming apartment offering breathtaking sea views! THE APARTMENT 1 spacious bedroom Fully tiled bathroom with shower Bright living room with fireplace Semi-open kitchen with a large opening towards the living room Terrace with stunning sea views Doors fi

Location

📍 37.0963°N, 8.4420°W

· Lagoa/Carvoeiro, Algarve, Portugal

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Idealista.pt
Lagoa/Carvoeiro / Central Algarve

T1 flat in Rua Depósito de Água, Nn, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro

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

Grade B investment — short-term rental yields 2.4% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score56
GradeB
Brixfox Intelligence
56BStrong
Score Breakdown
ROI & Yield62%
Capital Growth59%
Risk Profile58%
Market Demand56%

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
+7.9%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$131K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.4%
$1,032/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
11 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
41.7 yr
Rental only

Property details

Year built: 2002
Energy: C
Condition: good

Description

Top-Floor Apartment with Sea View in Carvoeiro Welcome to this charming apartment offering breathtaking sea views! THE APARTMENT 1 spacious bedroom Fully tiled bathroom with shower Bright living room with fireplace Semi-open kitchen with a large opening towards the living room Terrace with stunning sea views Doors fi

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$197/night
50% ($90)Brixfox estimate($197/night)200% ($362)
Occupancy
36%
10%Brixfox estimate(36%)100%

Short-Term Rental

Yearly income
$12,385
Airbnb data$197/night · 36% occupancy
Rental income
$197/night · 36% occ.
$25,555
Running costs (20%)
Utilities, cleaning, maintenance
-$5,111
Income tax (10%)
Indonesian rental income tax
-$7,156
Property tax
Annual property tax
-$904
Net income
2.4% ROI
$12,385

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$516,304
IMT (transfer tax, investment schedule)$28,076
Imposto de Selo (stamp duty)$4,130
Notary & registration$1,359
Legal / due diligence$7,745
Total acquisition costs$41,310
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$5,321
($2,902–$7,739)
Furnishing & STR launch
1bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$21,196
All-in investment$584,130

Gross yield (asking)

4.9%

True gross yield (all-in)

4.4%

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.

$2.4M$1.8M$1.2M$599K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $475K
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 28: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$578K
+22%
Rental Income
+$60K
Total Position
$638K
+34%
6.1%/yr
Year 10
Capital Value
$703K
+48%
Rental Income
+$131K
Total Position
$834K
+76%
5.8%/yr
Year 20
Capital Value
$1.0M
+119%
Rental Income
+$306K
Total Position
$1.3M
+184%
5.3%/yr
Year 30
Capital Value
$1.5M
+224%
Rental Income
+$542K
Total Position
$2.1M
+338%
5.1%/yr

Location

Lagoa/Carvoeiro

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.4% annual return
Occupancy
Weak
36% average occupancy
Nightly Rate
Good
$181 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

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 2.4% is below the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
2.7%
$1,181/mo
40% occ.
3.7%
$1,600/mo
36% occ.
3.3%
$1,415/mo
current
46% occ.
4.3%
$1,834/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.