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Detached house in Espiche, Luz
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Grade Avillamid-range

Detached house in Espiche, Luz

Lagos · Western Algarve ·

€715,000

Asking Price (EUR)

10.5%

True Net Yield (Owner, all-in)

7.7%

True Net Yield (Managed, all-in)

12.5%

True Gross Yield

58%

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: €128,681/yr
Average Daily Rate: €612
Payback Period: 10.0 years
5-yr Capital Value: €828,881
10-yr Capital Value: €960,900
Brixfox Score: 79.3 / 100
Comparable Properties: 6
Data Confidence: 74%
Search Radius: 2 km

True Investment Cost

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

€1.0M

+43.8% over asking

Asking price€715,000
IMT — Property transfer tax (investment schedule)€42,900
IS — Stamp duty (0.8%)€5,720
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€10,725
Total acquisition costs€60,595
Renovation (est. €350/m² × 614 m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		€214,900
(€153,500–€276,300)
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€37,550
All-in investment (incl. renovation & furnishing)€1.0M

Gross yield (asking price)

18.0%

True gross yield (all-in)

12.5%

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: 4
Bathrooms: 3
Building: 614 m²
Land: 615 m²
Style: portuguese-traditional
Condition: fair
Year Built: 1951
Energy Certificate: Not indicated
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

outdoor barbecue areaterraced gardentraditional tiled roof

Score Breakdown

ROI
25
Visual Appeal
8.8
Ownership Security
13
Location
8.4
Land & Space
9.34
Rental Demand
5.76
Payback Speed
5
STR Suitability
4

Description

Traditional Algarvian Cottage Property in Espiche, Luz – Excellent Investment Opportunity Situated in the heart of Espiche, Luz, this charming traditional Algarvian cottage offers a rare combination of character, versatility, and investment potential. The property comprises T2+2 bedrooms and benefits from four independ

Location

📍 37.1015°N, 8.7401°W

· Lagos, Algarve, Portugal

Visit Algarve Sunset Properties →Listed via Idealista.pt
4-bedroom freehold villa in Lagos — photo 1 of 5
Algarve Sunset Properties
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4-bedroom freehold villa in Lagos — photo 5 of 5

Detached house in Espiche, Luz

Lagos · Western Algarve · Ref BF-1560 Source verified · Algarve Sunset Properties · listed 3 Jun 2026
Asking price · Freehold
$777,174
View original listing
Ownership
Freehold
Bedrooms
4
Bathrooms
3
Built area
614 m²
Land
615 m²
True net yield
10.0%
≈ $11,765/mo net after costs & tax
5-yr total return (net + appreciation)
16.7% / yr avg
Payback in ~10 yrs from rent
Brixfox Score 79 · A

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: fair

Description

Traditional Algarvian Cottage Property in Espiche, Luz – Excellent Investment Opportunity Situated in the heart of Espiche, Luz, this charming traditional Algarvian cottage offers a rare combination of character, versatility, and investment potential. The property comprises T2+2 bedrooms and benefits from four independ

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)
$862/night
50% ($396)Brixfox estimate($862/night)200% ($1585)
Occupancy
58%
10%Brixfox estimate(58%)100%

Short-Term Rental

Indicative
Yearly income
$87,151
Likely range $52,291 – $122,012
Airbnb data$862/night · 58% occupancy
Rental income
$862/night · 58% occ.
$167,599
Running costs (20%)
Utilities, cleaning, maintenance
-$33,520
Income tax (10%)
Indonesian rental income tax
-$46,928
Property tax
Annual property tax
-$0
Net income
11.2% ROI
$87,151

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

10.0%

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

Scenario
Pre-tax
After-tax
Owner-managed
16.0%
14.4%
Fully-managed
11.7%
10.0%
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

19.0%

Annual Revenue

$167,599

Income Tax / yr

$14,665

Payback

10 yrs

True All-In Cost
Asking price$777,174
IMT — transfer tax (non-resident 7.5%)$58,288
Stamp duty (0.8%)$6,217
Notary + registry$2,174
Legal$9,560
Furnishing + STR launch$27,174
All-in cost$880,587

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Lagos.

$7.1M$5.3M$3.5M$1.8M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $715K
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
$870K
+22%
Rental Income
+$426K
Total Position
$1.3M
+81%
12.6%/yr
Year 10
Capital Value
$1.1M
+48%
Rental Income
+$919K
Total Position
$2.0M
+177%
10.7%/yr
Year 20
Capital Value
$1.6M
+119%
Rental Income
+$2.2M
Total Position
$3.7M
+420%
8.6%/yr
Year 30
Capital Value
$2.3M
+224%
Rental Income
+$3.8M
Total Position
$6.1M
+758%
7.4%/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

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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
11.2% annual return
Occupancy
Average
58% average occupancy
Nightly Rate
Strong
$793 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Strong
615 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 11.2% — outperforms most villas in this market
Premium nightly rate of $793 — positioned in the top tier
Generous 615 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 58% — 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

38% occ.
10.6%
$6,890/mo
48% occ.
13.5%
$8,724/mo
58% occ.
16.3%
$10,558/mo
current
68% occ.
19.1%
$12,392/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.