T2 flat, Urbanização Rocha Brava, 214, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro
T2 flat, Urbanização Rocha Brava, 214, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 2T2 flat, Urbanização Rocha Brava, 214, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 3T2 flat, Urbanização Rocha Brava, 214, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 4T2 flat, Urbanização Rocha Brava, 214, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro — image 5
Grade Bapartmentmid-range

T2 flat, Urbanização Rocha Brava, 214, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€340,000

Asking Price (EUR)

4.2%

True Net Yield (Owner, all-in)

2.9%

True Net Yield (Managed, all-in)

6.5%

True Gross Yield

44%

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: €25,659/yr
Average Daily Rate: €161
-10.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%)
Payback Period: 16.3 years
5-yr Capital Value: €446,755
10-yr Capital Value: €543,546
Brixfox Score: 63.4 / 100
Comparable Properties: 51
Data Confidence: 90%
Search Radius: 2 km

True Investment Cost

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

€395,715

+16.4% over asking

Asking price€340,000
IMT — Property transfer tax (investment schedule)€15,030
IS — Stamp duty (0.8%)€2,720
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,100
Total acquisition costs€24,100
Renovation (est. €55/m² × 123 m²)
Light touch-ups — paint, fixtures, deep clean.		€6,765
(€3,690–€9,840)
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)€395,715

Gross yield (asking price)

7.5%

True gross yield (all-in)

6.5%

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: 123 m²
Style: portuguese-traditional
Condition: good
Year Built: 1988
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional white and blue exteriorprivate patio with umbrella

Score Breakdown

ROI
17.19
Visual Appeal
8.8
Ownership Security
13
Location
10.56
Land & Space
4.46
Rental Demand
4.36
Payback Speed
2
STR Suitability
3

Description

Stylish 2-Bedroom Apartment in the Prestigious Rocha Brava Resort Nestled within the highly sought-after Rocha Brava resort, this beautifully presented ground-floor, 2-bedroom apartment offers a perfect blend of comfort, style, and leisure. The accommodation comprises a spacious open-plan lounge and dining area, idea

Location

📍 37.0916°N, 8.4451°W

· Lagoa/Carvoeiro, Algarve, Portugal

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Lagoa/Carvoeiro / Central Algarve

T2 flat, Urbanização Rocha Brava, 214, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro

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

Grade B investment — short-term rental yields 5.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score63
GradeB
Brixfox Intelligence
63BStrong
Score Breakdown
ROI & Yield69%
Capital Growth66%
Risk Profile65%
Market Demand63%

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
+10.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$94K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.1%
$1,574/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
19.6 yr
Rental only

Property details

Year built: 1988
Energy: C
Condition: good

Description

Stylish 2-Bedroom Apartment in the Prestigious Rocha Brava Resort Nestled within the highly sought-after Rocha Brava resort, this beautifully presented ground-floor, 2-bedroom apartment offers a perfect blend of comfort, style, and leisure. The accommodation comprises a spacious open-plan lounge and dining area, idea

Income Breakdown

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Nightly Rate (ADR)
$236/night
50% ($109)Brixfox estimate($236/night)200% ($435)
Occupancy
44%
10%Brixfox estimate(44%)100%

Short-Term Rental

Yearly income
$18,889
Airbnb data$236/night · 44% occupancy
Rental income
$236/night · 44% occ.
$37,568
Running costs (20%)
Utilities, cleaning, maintenance
-$7,514
Income tax (10%)
Indonesian rental income tax
-$10,519
Property tax
Annual property tax
-$647
Net income
5.1% ROI
$18,889

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$369,565
IMT (transfer tax, investment schedule)$16,337
Imposto de Selo (stamp duty)$2,957
Notary & registration$1,359
Legal / due diligence$5,543
Total acquisition costs$26,196
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$7,353
($4,011–$10,696)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$27,011
All-in investment$430,125

Gross yield (asking)

10.2%

True gross yield (all-in)

8.7%

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.

$2.2M$1.7M$1.1M$555K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $340K
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 16: 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
$414K
+22%
Rental Income
+$92K
Total Position
$506K
+49%
8.3%/yr
Year 10
Capital Value
$503K
+48%
Rental Income
+$199K
Total Position
$702K
+107%
7.5%/yr
Year 20
Capital Value
$745K
+119%
Rental Income
+$467K
Total Position
$1.2M
+256%
6.6%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$827K
Total Position
$1.9M
+468%
6.0%/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
Good
5.1% annual return
Occupancy
Weak
44% average occupancy
Nightly Rate
Strong
$217 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $217 — 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 44% — 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

30% occ.
4.7%
$1,455/mo
40% occ.
6.4%
$1,958/mo
44% occ.
6.9%
$2,138/mo
current
54% occ.
8.6%
$2,641/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.