T2 flat in Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro
T2 flat in Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 2T2 flat in Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 3T2 flat in Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 4T2 flat in Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 5
Grade B+apartmentluxury

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

Lagoa/Carvoeiro · Central Algarve ·

€625,000

Asking Price (EUR)

4.0%

True Net Yield (Owner, all-in)

2.8%

True Net Yield (Managed, all-in)

6.2%

True Gross Yield

51%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.9 months ago and is currently at 15% 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: €44,385/yr
Average Daily Rate: €238
+36.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%), Luxury finish (+8%)
Payback Period: 17.5 years
5-yr Capital Value: €821,241
10-yr Capital Value: €999,165
Brixfox Score: 69.7 / 100
Comparable Properties: 69
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)

7.1%

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: 123 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 sliding glass doorsintegrated wardrobesresort-style communal pool area

Score Breakdown

ROI
16.59
Visual Appeal
15
Ownership Security
13
Location
10.56
Land & Space
4.46
Rental Demand
5.1
Payback Speed
2
STR Suitability
3

Description

Discover this elegant 2-bedroom apartment set within an exclusive development currently under construction in Carvoeiro a unique opportunity eligible for the Golden Visa. Designed to provide maximum comfort and efficiency, each apartment features a Daikin Multi-Split direct expansion air conditioning system, ensuring

Location

📍 37.1010°N, 8.4511°W

· Lagoa/Carvoeiro, Algarve, Portugal

View on Garvetur →Also on Idealista.pt
Idealista.pt
Lagoa/Carvoeiro / Central Algarve

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

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

Grade B+ investment — short-term rental yields 4.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score70
GradeB+
Brixfox Intelligence
70B+Strong
Score Breakdown
ROI & Yield77%
Capital Growth74%
Risk Profile72%
Market Demand70%

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
+10.3%
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
4.8%
$2,702/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
9 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
21.0 yr
Rental only

Property details

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

Description

Discover this elegant 2-bedroom apartment set within an exclusive development currently under construction in Carvoeiro a unique opportunity eligible for the Golden Visa. Designed to provide maximum comfort and efficiency, each apartment features a Daikin Multi-Split direct expansion air conditioning system, ensuring

Income Breakdown

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Nightly Rate (ADR)
$347/night
50% ($160)Brixfox estimate($347/night)200% ($638)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$32,423
Airbnb data$347/night · 51% occupancy
Rental income
$347/night · 51% occ.
$64,639
Running costs (20%)
Utilities, cleaning, maintenance
-$12,928
Income tax (10%)
Indonesian rental income tax
-$18,099
Property tax
Annual property tax
-$1,189
Net income
4.8% ROI
$32,423

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)

9.5%

True gross yield (all-in)

8.2%

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.

$4.0M$3.0M$2.0M$991K$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 17: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$760K
+22%
Rental Income
+$158K
Total Position
$919K
+47%
8.0%/yr
Year 10
Capital Value
$925K
+48%
Rental Income
+$342K
Total Position
$1.3M
+103%
7.3%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$802K
Total Position
$2.2M
+247%
6.4%/yr
Year 30
Capital Value
$2.0M
+224%
Rental Income
+$1.4M
Total Position
$3.4M
+451%
5.9%/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
4.8% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$319 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 $319 — 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 4.8% 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

31% occ.
3.9%
$2,194/mo
41% occ.
5.2%
$2,933/mo
51% occ.
6.5%
$3,672/mo
current
61% occ.
7.8%
$4,411/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.