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Detached house in Rua dos Tanques, Espiche, Luz
Detached house in Rua dos Tanques, Espiche, Luz — image 2Detached house in Rua dos Tanques, Espiche, Luz — image 3Detached house in Rua dos Tanques, Espiche, Luz — image 4Detached house in Rua dos Tanques, Espiche, Luz — image 5
Grade Bvillabudget

Detached house in Rua dos Tanques, Espiche, Luz

Lagos · Western Algarve ·

€200,000

Asking Price (EUR)

6.3%

True Net Yield (Owner, all-in)

4.1%

True Net Yield (Managed, all-in)

8.6%

True Gross Yield

53%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.9 months ago and is currently at 24% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.77, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €31,791/yr
Average Daily Rate: €163
-51.0% vs area baselineImage quality 3/10 (-12%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 16.7 years
5-yr Capital Value: €231,855
10-yr Capital Value: €268,783
Brixfox Score: 62 / 100
Comparable Properties: 16
Data Confidence: 83%
Search Radius: 2 km

True Investment Cost

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

€368,047

+84.0% over asking

Asking price€200,000
IMT — Property transfer tax (investment schedule)€4,997
IS — Stamp duty (0.8%)€1,600
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,000
Total acquisition costs€10,847
Renovation (est. €900/m² × 150 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€135,000
(€105,000–€165,000)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€22,200
All-in investment (incl. renovation & furnishing)€368,047

Gross yield (asking price)

15.9%

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: 3
Bathrooms: 2
Building: 150 m²
Land: 70 m²
Style: dated
Condition: needs-renovation
Year Built: 1951
Energy Certificate: Not indicated

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
20.91
Visual Appeal
4.6
Ownership Security
13
Location
8.4
Land & Space
1.74
Rental Demand
5.33
Payback Speed
4
STR Suitability
4

Description

We present this traditional house in need of renovation, featuring a spacious private garden and excellent sun exposure, ideal for those looking for a high-potential project in the Algarve, in one of the region’s most sought-after and peaceful areas. Key features: House with 3 bedrooms, a spacious living room, and a

Location

📍 37.1008°N, 8.7403°W

· Lagos, Algarve, Portugal

Visit Century21 Realty Art 2 →Listed via Idealista.pt
3-bedroom freehold villa in Lagos — photo 1 of 5
Century21 Realty Art 2
3-bedroom freehold villa in Lagos — photo 2 of 5
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3-bedroom freehold villa in Lagos — photo 5 of 5

Detached house in Rua dos Tanques, Espiche, Luz

Lagos · Western Algarve · Ref BF-1299 Source verified · Century21 Realty Art 2 · listed 3 Jun 2026
Asking price · Freehold
$217,391
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
150 m²
Land
70 m²
True net yield
6.0%
≈ $2,525/mo net after costs & tax
5-yr total return (net + appreciation)
15.4% / yr avg
Payback in ~17 yrs from rent
Brixfox Score 62 · B

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Lagos

Western Algarve, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Year built: 1951
Energy: Not indicated
Condition: needs-renovation

Description

We present this traditional house in need of renovation, featuring a spacious private garden and excellent sun exposure, ideal for those looking for a high-potential project in the Algarve, in one of the region’s most sought-after and peaceful areas. Key features: House with 3 bedrooms, a spacious living room, and a

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)
$230/night
50% ($106)Brixfox estimate($230/night)200% ($423)
Occupancy
53%
10%Brixfox estimate(53%)100%

Short-Term Rental

Indicative
Yearly income
$21,521
Likely range $12,912 – $30,129
Airbnb data$230/night · 53% occupancy
Rental income
$230/night · 53% occ.
$41,386
Running costs (20%)
Utilities, cleaning, maintenance
-$8,277
Income tax (10%)
Indonesian rental income tax
-$11,588
Property tax
Annual property tax
-$0
Net income
9.9% ROI
$21,521

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

6.0%

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

Scenario
Pre-tax
After-tax
Owner-managed
11.3%
9.9%
Fully-managed
7.3%
6.0%
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

15.4%

Annual Revenue

$41,386

Income Tax / yr

$3,622

Payback

17 yrs

True All-In Cost
Asking price$217,391
IMT — transfer tax (non-resident 7.5%)$16,304
Stamp duty (0.8%)$1,739
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$268,793

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Lagos.

$1.8M$1.4M$915K$457K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $200K
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 9: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$243K
+22%
Rental Income
+$105K
Total Position
$348K
+74%
11.7%/yr
Year 10
Capital Value
$296K
+48%
Rental Income
+$227K
Total Position
$523K
+162%
10.1%/yr
Year 20
Capital Value
$438K
+119%
Rental Income
+$532K
Total Position
$970K
+385%
8.2%/yr
Year 30
Capital Value
$649K
+224%
Rental Income
+$942K
Total Position
$1.6M
+695%
7.2%/yr
Turnkey Management

Your property, professionally managed

Buying from abroad? You won't lift a finger. A vetted local management partner is already connected to this listing — ready to run it as a short-stay rental from day one, so the Managed projections above are something you can actually rely on.

Vetted by Brixfox 8+ yrs operating 110+ properties managed ~2h guest response

Atlantic Stays Management

Vetted

Alojamento Local management, Lisbon to the Algarve

22%
Management fee
of rental revenue — already in your Managed figures

End-to-end AL management for international owners. We handle the licence, the platforms and the guests so your second home pays for itself.

What the fee covers

  • Listing setup & optimisation (Airbnb, Booking.com, VRBO)
  • Dynamic pricing & revenue management
  • 24/7 multilingual guest communication
  • Guided check-in / check-out & key handling
  • Professional cleaning, laundry & restocking
  • Maintenance & repairs coordination
  • Monthly owner statements & payouts
  • Guest screening & damage protection
  • Alojamento Local (AL) licence handling & renewals
  • SEF/AIMA guest registration & tourist-tax filing
Visit Atlantic Stays Management

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.9% annual return
Occupancy
Average
53% average occupancy
Nightly Rate
Strong
$211 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Weak
70 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.9% — outperforms most villas in this market
Premium nightly rate of $211 — 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 53% — 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

33% occ.
9.0%
$1,629/mo
43% occ.
11.7%
$2,118/mo
53% occ.
14.4%
$2,607/mo
current
63% occ.
17.1%
$3,097/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. Market factors in Portugal may impact actual yields.