T2 flat, Carvoeiro, Portugal, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro
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Grade B+apartmentluxury

T2 flat, Carvoeiro, Portugal, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€625,000

Asking Price (EUR)

3.5%

True Net Yield (Owner, all-in)

2.4%

True Net Yield (Managed, all-in)

5.4%

True Gross Yield

45%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.3 months ago and is currently at 11% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.73, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €39,060/yr
Average Daily Rate: €235
+33.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%), Luxury finish (+8%)
Payback Period: 19.5 years
5-yr Capital Value: €821,241
10-yr Capital Value: €999,165
Brixfox Score: 68.4 / 100
Comparable Properties: 51
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.

€720,905

+15.3% over asking

Asking price€625,000
IMT — Property transfer tax (investment schedule)€37,830
IS — Stamp duty (0.8%)€5,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,375
Total acquisition costs€53,455
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€42,450
All-in investment (incl. renovation & furnishing)€720,905

Gross yield (asking price)

6.3%

True gross yield (all-in)

5.4%

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: 172 m²
Style: modern
Condition: new-build
Year Built: 2024
Energy Certificate: B
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large outdoor terrace with gardenmodern open-plan kitchen and diningfull-length mirror in dining areamarble-effect kitchen backsplash

Score Breakdown

ROI
15.68
Visual Appeal
14.2
Ownership Security
13
Location
10.56
Land & Space
5.44
Rental Demand
4.55
Payback Speed
2
STR Suitability
3

Description

T2 of 172 m² with Terrace & Private Garden Nomad Bay Carvoeiro Ready to move in! A spacious apartment bathed in light 172 m² of total area, with landscaped garden and large terrace - 81.40m2 of living space - 36.50m2 of terrace - 54.25m2 of private garden Apartment delivered furnished and fully equipped (applianc

Location

📍 37.0975°N, 8.4448°W

· Lagoa/Carvoeiro, Algarve, Portugal

View on Arrabellimmo Terrasses & Jardins →Also on Idealista.pt
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Lagoa/Carvoeiro / Central Algarve

T2 flat, Carvoeiro, Portugal, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro

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

Grade B+ investment — short-term rental yields 4.3% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score68
GradeB+
Brixfox Intelligence
68B+Strong
Score Breakdown
ROI & Yield75%
Capital Growth71%
Risk Profile70%
Market Demand68%

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
+9.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$173K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.3%
$2,414/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
23.5 yr
Rental only

Property details

Year built: 2024
Energy: B
Condition: new-build

Description

T2 of 172 m² with Terrace & Private Garden Nomad Bay Carvoeiro Ready to move in! A spacious apartment bathed in light 172 m² of total area, with landscaped garden and large terrace - 81.40m2 of living space - 36.50m2 of terrace - 54.25m2 of private garden Apartment delivered furnished and fully equipped (applianc

Income Breakdown

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Nightly Rate (ADR)
$349/night
50% ($161)Brixfox estimate($349/night)200% ($643)
Occupancy
45%
10%Brixfox estimate(45%)100%

Short-Term Rental

Yearly income
$28,970
Airbnb data$349/night · 45% occupancy
Rental income
$349/night · 45% occ.
$57,998
Running costs (20%)
Utilities, cleaning, maintenance
-$11,600
Income tax (10%)
Indonesian rental income tax
-$16,239
Property tax
Annual property tax
-$1,189
Net income
4.3% ROI
$28,970

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$679,348
IMT (transfer tax, investment schedule)$41,120
Imposto de Selo (stamp duty)$5,435
Notary & registration$1,359
Legal / due diligence$10,190
Total acquisition costs$58,103
RenovationMove-in ready
Furnishing & STR launch
2bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$46,141
All-in investment$783,592

Gross yield (asking)

8.5%

True gross yield (all-in)

7.4%

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.

$3.8M$2.8M$1.9M$947K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $625K
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 19: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$760K
+22%
Rental Income
+$142K
Total Position
$902K
+44%
7.6%/yr
Year 10
Capital Value
$925K
+48%
Rental Income
+$306K
Total Position
$1.2M
+97%
7.0%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$716K
Total Position
$2.1M
+234%
6.2%/yr
Year 30
Capital Value
$2.0M
+224%
Rental Income
+$1.3M
Total Position
$3.3M
+427%
5.7%/yr

Location

Lagoa/Carvoeiro

Central Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
4.3% annual return
Occupancy
Average
45% average occupancy
Nightly Rate
Strong
$321 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $321 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.3% is near 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.
3.8%
$2,132/mo
40% occ.
5.1%
$2,876/mo
45% occ.
5.8%
$3,284/mo
current
55% occ.
7.1%
$4,028/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.