T2 flat in Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro
T2 flat in Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro — image 2T2 flat in Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro — image 3T2 flat in Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro — image 4T2 flat in Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro — image 5
Grade B+apartmentmid-range

T2 flat in Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro

Lagoa/Carvoeiro · Central Algarve ·

€359,000

Asking Price (EUR)

6.7%

True Net Yield (Owner, all-in)

4.6%

True Net Yield (Managed, all-in)

10.3%

True Gross Yield

51%

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: €42,849/yr
Average Daily Rate: €232
Payback Period: 10.4 years
5-yr Capital Value: €471,721
10-yr Capital Value: €573,920
Brixfox Score: 73 / 100
Comparable Properties: 62
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.

€417,962

+16.4% over asking

Asking price€359,000
IMT — Property transfer tax (investment schedule)€16,550
IS — Stamp duty (0.8%)€2,872
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,385
Total acquisition costs€26,057
Renovation (est. €55/m² × 101 m²)
Light touch-ups — paint, fixtures, deep clean.		€5,555
(€3,030–€8,080)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€27,350
All-in investment (incl. renovation & furnishing)€417,962

Gross yield (asking price)

11.9%

True gross yield (all-in)

10.3%

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: 2
Bathrooms: 2
Building: 101 m²
Style: contemporary
Condition: good
Year Built: 1900
Energy Certificate: B
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large resort-style poolspacious outdoor areasneutral interior palette with accent colors

Score Breakdown

ROI
22.55
Visual Appeal
10.8
Ownership Security
13
Location
10.56
Land & Space
4.02
Rental Demand
5.06
Payback Speed
4
STR Suitability
3

Description

Experience the epitome of luxury with this two-bedroom apartment nestled within the confines of a prestigious five-star resort in central Algarve. Whether you seek a family holiday retreat, a rental investment, or a permanent haven offering a complete living experience, this residence caters to your every need. Immerse

Location

📍 37.1076°N, 8.4740°W

· Lagoa/Carvoeiro, Algarve, Portugal

View on Berkshire Hathaway HomeServices Portugal Property →Also on Idealista.pt
Idealista.pt
Lagoa/Carvoeiro / Central Algarve

T2 flat in Mato Serrão - Vale da Lapa - Vale Currais, Lagoa e Carvoeiro

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

Grade B+ investment — short-term rental yields 8.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score73
GradeB+
Brixfox Intelligence
73B+Strong
Score Breakdown
ROI & Yield80%
Capital Growth77%
Risk Profile74%
Market Demand73%

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
+13.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$99K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.1%
$2,640/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
12.3 yr
Rental only

Property details

Year built: 1900
Energy: B
Condition: good

Description

Experience the epitome of luxury with this two-bedroom apartment nestled within the confines of a prestigious five-star resort in central Algarve. Whether you seek a family holiday retreat, a rental investment, or a permanent haven offering a complete living experience, this residence caters to your every need. Immerse

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$337/night
50% ($155)Brixfox estimate($337/night)200% ($620)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$31,677
Airbnb data$337/night · 51% occupancy
Rental income
$337/night · 51% occ.
$62,230
Running costs (20%)
Utilities, cleaning, maintenance
-$12,446
Income tax (10%)
Indonesian rental income tax
-$17,425
Property tax
Annual property tax
-$683
Net income
8.1% ROI
$31,677

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$390,217
IMT (transfer tax, investment schedule)$17,989
Imposto de Selo (stamp duty)$3,122
Notary & registration$1,359
Legal / due diligence$5,853
Total acquisition costs$28,323
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$6,038
($3,293–$8,783)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$29,728
All-in investment$454,307

Gross yield (asking)

15.9%

True gross yield (all-in)

13.7%

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.

$2.9M$2.2M$1.5M$733K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $359K
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 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$437K
+22%
Rental Income
+$155K
Total Position
$592K
+65%
10.5%/yr
Year 10
Capital Value
$531K
+48%
Rental Income
+$334K
Total Position
$865K
+141%
9.2%/yr
Year 20
Capital Value
$787K
+119%
Rental Income
+$783K
Total Position
$1.6M
+337%
7.7%/yr
Year 30
Capital Value
$1.2M
+224%
Rental Income
+$1.4M
Total Position
$2.6M
+611%
6.8%/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
Strong
8.1% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$310 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

High rental yield at 8.1% — outperforms most villas in this market
Premium nightly rate of $310 — 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 51% — 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

31% occ.
6.6%
$2,137/mo
41% occ.
8.8%
$2,855/mo
51% occ.
11.0%
$3,573/mo
current
61% occ.
13.2%
$4,291/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.