T1 flat in Odiáxere, Lagos
T1 flat in Odiáxere, Lagos — image 2T1 flat in Odiáxere, Lagos — image 3T1 flat in Odiáxere, Lagos — image 4T1 flat in Odiáxere, Lagos — image 5
Grade Bapartmentluxury

T1 flat in Odiáxere, Lagos

Lagos · Western Algarve ·

€549,000

Asking Price (EUR)

2.5%

True Net Yield (Owner, all-in)

1.7%

True Net Yield (Managed, all-in)

3.8%

True Gross Yield

52%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2 months ago and is currently at 17% 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: €23,776/yr
Average Daily Rate: 126
Payback Period: 28.8 years
5-yr Capital Value: €721,378
10-yr Capital Value: €877,666
Brixfox Score: 56 / 100
Comparable Properties: 6
Data Confidence: 73%
Search Radius: 2 km

True Investment Cost

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

€628,227

+14.4% over asking

Asking price€549,000
IMT — Property transfer tax (investment schedule)€31,750
IS — Stamp duty (0.8%)€4,392
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,235
Total acquisition costs€45,627
Renovation€0 — move-in ready
Furnishing & STR launch (1bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€33,600
All-in investment (incl. renovation & furnishing)€628,227

Gross yield (asking price)

4.3%

True gross yield (all-in)

3.8%

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: 1
Bathrooms: 1
Building: 124
Style: contemporary
Condition: excellent
Year Built: 2023
Energy Certificate: B
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

multiple outdoor poolslush green landscapingpine tree surroundingsdistant water view

Score Breakdown

ROI
11.93
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
4.48
Rental Demand
5.19
Payback Speed
0
STR Suitability
3

Description

Whether you're seeking a high-yield investment property or a luxurious retreat to call your own, this exceptional opportunity is not to be missed. Located within the exclusive Signature Apartment Condominium at Palmares Golf Resort, this residence offers an unparalleled setting—surrounded by lush greenery, overlooking

Location

📍 37.1252°N, 8.6492°W

· Lagos, Algarve, Portugal

Idealista.pt
Lagos / Western Algarve

T1 flat in Odiáxere, Lagos

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

Grade B investment — short-term rental yields 2.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score56
GradeB
Brixfox Intelligence
56BStrong
Score Breakdown
ROI & Yield62%
Capital Growth59%
Risk Profile58%
Market Demand56%

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
+8.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+5.5%
+$152K in 5yr (+28%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.8%
$1,406/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
11 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
35.4 yr
Rental only

Property details

Year built: 2023
Energy: B
Condition: excellent

Description

Whether you're seeking a high-yield investment property or a luxurious retreat to call your own, this exceptional opportunity is not to be missed. Located within the exclusive Signature Apartment Condominium at Palmares Golf Resort, this residence offers an unparalleled setting—surrounded by lush greenery, overlooking

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$182/night
50% ($84)Brixfox estimate($182/night)200% ($335)
Occupancy
52%
10%Brixfox estimate(52%)100%

Short-Term Rental

Yearly income
$16,871
Airbnb data$182/night · 52% occupancy
Rental income
$182/night · 52% occ.
$34,452
Running costs (20%)
Utilities, cleaning, maintenance
-$6,890
Income tax (10%)
Indonesian rental income tax
-$9,647
Property tax
Annual property tax
-$1,044
Net income
2.8% ROI
$16,871

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$596,739
IMT (transfer tax, investment schedule)$34,511
Imposto de Selo (stamp duty)$4,774
Notary & registration$1,359
Legal / due diligence$8,951
Total acquisition costs$49,595
RenovationMove-in ready
Furnishing & STR launch
1bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.
$36,522
All-in investment$682,855

Gross yield (asking)

5.8%

True gross yield (all-in)

5.0%

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 Lagos.

$2.9M$2.2M$1.4M$724K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $549K
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 25: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$668K
+22%
Rental Income
+$82K
Total Position
$750K
+37%
6.4%/yr
Year 10
Capital Value
$813K
+48%
Rental Income
+$178K
Total Position
$991K
+80%
6.1%/yr
Year 20
Capital Value
$1.2M
+119%
Rental Income
+$417K
Total Position
$1.6M
+195%
5.6%/yr
Year 30
Capital Value
$1.8M
+224%
Rental Income
+$738K
Total Position
$2.5M
+359%
5.2%/yr

Location

Lagos

Western Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.8% annual return
Occupancy
Average
52% average occupancy
Nightly Rate
Good
$167 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

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 2.8% is below 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

32% occ.
2.3%
$1,148/mo
42% occ.
3.1%
$1,535/mo
52% occ.
3.9%
$1,923/mo
current
62% occ.
4.6%
$2,310/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.