T3 flat in Chinicato - Sargaçal, Lagos
T3 flat in Chinicato - Sargaçal, Lagos — image 2T3 flat in Chinicato - Sargaçal, Lagos — image 3T3 flat in Chinicato - Sargaçal, Lagos — image 4T3 flat in Chinicato - Sargaçal, Lagos — image 5
Grade Aapartmentmid-range

T3 flat in Chinicato - Sargaçal, Lagos

Lagos · Western Algarve ·

€350,000

Asking Price (EUR)

13.5%

True Net Yield (Owner, all-in)

9.8%

True Net Yield (Managed, all-in)

15.8%

True Gross Yield

67%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.3 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €65,416/yr
Average Daily Rate: €268
Payback Period: 8.5 years
5-yr Capital Value: €405,746
10-yr Capital Value: €470,371
Brixfox Score: 79.5 / 100

True Investment Cost

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

€412,810

+17.9% over asking

Asking price€350,000
IMT — Property transfer tax (investment schedule)€15,830
IS — Stamp duty (0.8%)€2,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,250
Total acquisition costs€25,130
Renovation (est. €55/m² × 136 m²)
Light touch-ups — paint, fixtures, deep clean.		€7,480
(€4,080–€10,880)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€30,200
All-in investment (incl. renovation & furnishing)€412,810

Gross yield (asking price)

18.7%

True gross yield (all-in)

15.8%

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: 3
Bathrooms: 2
Building: 136 m²
Style: portuguese-traditional
Condition: good
Energy Certificate: E
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AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

ornate wooden bed frametiled kitchen backsplashbathroom vanity with carved details

Score Breakdown

ROI
25
Visual Appeal
10
Ownership Security
13
Location
10.44
Land & Space
4.72
Rental Demand
7.3
Payback Speed
5
STR Suitability
4

Description

3-bedroom apartment located in Chinicato, Lagos, ideal for those seeking comfort and tranquility. Comprising three bedrooms (one en-suite), two bathrooms, a spacious living room, and a kitchen with pantry. It features balconies with pleasant sea and city views, perfect for leisure moments. A parking space is also incl

Location

📍 37.1311°N, 8.6690°W

· Lagos, Algarve, Portugal

View on KW Flash Algarve - Barlavento →Also on Idealista.pt
T3 flat in Chinicato - Sargaçal, Lagos
Idealista.pt
Source verified

T3 flat in Chinicato - Sargaçal, Lagos

Lagos · Western Algarve · Freehold · Ref BF-530
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
136 m²
True net yield
11.8%
≈ $6,759/mo net after costs & tax
Brixfox Score 80 · A

Property details

Energy: E
Condition: good

Description

3-bedroom apartment located in Chinicato, Lagos, ideal for those seeking comfort and tranquility. Comprising three bedrooms (one en-suite), two bathrooms, a spacious living room, and a kitchen with pantry. It features balconies with pleasant sea and city views, perfect for leisure moments. A parking space is also incl

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$385/night
50% ($177)Brixfox estimate($385/night)200% ($708)
Occupancy
73%
10%Brixfox estimate(73%)100%

Short-Term Rental

Yearly income
$49,382
Airbnb data$385/night · 73% occupancy
Rental income
$385/night · 73% occ.
$94,966
Running costs (20%)
Utilities, cleaning, maintenance
-$18,993
Income tax (10%)
Indonesian rental income tax
-$26,591
Property tax
Annual property tax
-$0
Net income
13.0% ROI
$49,382

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

11.8%

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
19.0%
17.0%
Fully-managed
13.7%
11.8%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

22.2%

Annual Revenue

$94,966

Income Tax / yr

$8,310

Payback

8 yrs

True All-In Cost
Asking price$380,435
IMT — transfer tax (non-resident 7.5%)$28,533
Stamp duty (0.8%)$3,043
Notary + registry$2,174
Legal$4,679
Furnishing + STR launch$8,696
All-in cost$427,560

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Lagos.

$3.8M$2.8M$1.9M$948K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $350K
Capital appreciation
Property value growing at +4%/yr based on Lagos 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 8: rental income alone has repaid the full purchase price.
2x return
Year 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$426K
+22%
Rental Income
+$241K
Total Position
$667K
+91%
13.8%/yr
Year 10
Capital Value
$518K
+48%
Rental Income
+$521K
Total Position
$1.0M
+197%
11.5%/yr
Year 20
Capital Value
$767K
+119%
Rental Income
+$1.2M
Total Position
$2.0M
+468%
9.1%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$2.2M
Total Position
$3.3M
+842%
7.8%/yr

Location

Lagos

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
13.0% annual return
Occupancy
Good
73% average occupancy
Nightly Rate
Strong
$354 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

High rental yield at 13.0% — outperforms most villas in this market
Premium nightly rate of $354 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Visual appeal is below average — photos may not compete well on Airbnb listings

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

53% occ.
13.7%
$4,345/mo
63% occ.
16.3%
$5,164/mo
73% occ.
18.9%
$5,983/mo
current
83% occ.
21.5%
$6,802/mo

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Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.

Asking price · Freehold
$380,435
11.8%
Net yield
View original listing
Source verified · Idealista.pt · listed 3 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.