T1 flat in Estrada do Farol, Centro de Carvoeiro, Lagoa e Carvoeiro
T1 flat in Estrada do Farol, Centro de Carvoeiro, Lagoa e Carvoeiro — image 2T1 flat in Estrada do Farol, Centro de Carvoeiro, Lagoa e Carvoeiro — image 3T1 flat in Estrada do Farol, Centro de Carvoeiro, Lagoa e Carvoeiro — image 4T1 flat in Estrada do Farol, Centro de Carvoeiro, Lagoa e Carvoeiro — image 5
Grade B+apartmentmid-range

T1 flat in Estrada do Farol, Centro de Carvoeiro, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€295,000

Asking Price (EUR)

5.6%

True Net Yield (Owner, all-in)

3.9%

True Net Yield (Managed, all-in)

8.6%

True Gross Yield

55%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.4 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: €29,156/yr
Average Daily Rate: €146
Payback Period: 12.3 years
5-yr Capital Value: €387,626
10-yr Capital Value: €471,606
Brixfox Score: 69.3 / 100
Comparable Properties: 48
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.

€337,482

+14.4% over asking

Asking price€295,000
IMT — Property transfer tax (investment schedule)€11,647
IS — Stamp duty (0.8%)€2,360
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,425
Total acquisition costs€19,682
Renovation (est. €55/m² × 60 m²)
Light touch-ups — paint, fixtures, deep clean.		€3,300
(€1,800–€4,800)
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)€337,482

Gross yield (asking price)

9.9%

True gross yield (all-in)

8.6%

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: 60 m²
Style: contemporary
Condition: good
Energy Certificate: D
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

3D wave-pattern wall panelinground mirror in living areabalcony with seating

Score Breakdown

ROI
20.24
Visual Appeal
10.8
Ownership Security
13
Location
10.56
Land & Space
3.2
Rental Demand
5.47
Payback Speed
3
STR Suitability
3

Description

1-bedroom apartment for sale, located on the 1st floor of a building without an elevator, in good condition. With 60 m² of gross area (57 m² of usable area), it features a rational layout that maximizes space and natural light in the morning, due to its East orientation. The property consists of a bedroom with built-i

Location

📍 37.0946°N, 8.4671°W

· Lagoa/Carvoeiro, Algarve, Portugal

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Idealista.pt
Lagoa/Carvoeiro / Central Algarve

T1 flat in Estrada do Farol, Centro de Carvoeiro, Lagoa e Carvoeiro

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

Grade B+ investment — short-term rental yields 6.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score69
GradeB+
Brixfox Intelligence
69B+Strong
Score Breakdown
ROI & Yield76%
Capital Growth72%
Risk Profile71%
Market Demand69%

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
+12.3%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$82K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.8%
$1,823/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
14.7 yr
Rental only

Property details

Energy: D
Condition: good

Description

1-bedroom apartment for sale, located on the 1st floor of a building without an elevator, in good condition. With 60 m² of gross area (57 m² of usable area), it features a rational layout that maximizes space and natural light in the morning, due to its East orientation. The property consists of a bedroom with built-i

Income Breakdown

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Nightly Rate (ADR)
$216/night
50% ($100)Brixfox estimate($216/night)200% ($398)
Occupancy
55%
10%Brixfox estimate(55%)100%

Short-Term Rental

Yearly income
$21,880
Airbnb data$216/night · 55% occupancy
Rental income
$216/night · 55% occ.
$43,157
Running costs (20%)
Utilities, cleaning, maintenance
-$8,631
Income tax (10%)
Indonesian rental income tax
-$12,084
Property tax
Annual property tax
-$561
Net income
6.8% ROI
$21,880

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$320,652
IMT (transfer tax, investment schedule)$12,660
Imposto de Selo (stamp duty)$2,565
Notary & registration$1,359
Legal / due diligence$4,810
Total acquisition costs$21,393
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$3,587
($1,957–$5,217)
Furnishing & STR launch
1bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$21,196
All-in investment$366,828

Gross yield (asking)

13.5%

True gross yield (all-in)

11.8%

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$550K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $295K
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 13: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$359K
+22%
Rental Income
+$107K
Total Position
$466K
+58%
9.6%/yr
Year 10
Capital Value
$437K
+48%
Rental Income
+$231K
Total Position
$667K
+126%
8.5%/yr
Year 20
Capital Value
$646K
+119%
Rental Income
+$541K
Total Position
$1.2M
+302%
7.2%/yr
Year 30
Capital Value
$957K
+224%
Rental Income
+$958K
Total Position
$1.9M
+549%
6.4%/yr

Location

Lagoa/Carvoeiro

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
6.8% annual return
Occupancy
Average
55% average occupancy
Nightly Rate
Good
$199 per night
Visual Appeal
Good
7/10 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
Occupancy at 55% — 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

35% occ.
5.8%
$1,549/mo
45% occ.
7.5%
$2,010/mo
55% occ.
9.2%
$2,471/mo
current
65% occ.
11.0%
$2,931/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.