House in Bensafrim e Barão de São João, Lagos
Lagos · Western Algarve ·
€395,000
Asking Price (EUR)
5.6%
True Net Yield (Owner, all-in)
3.9%
True Net Yield (Managed, all-in)
8.6%
True Gross Yield
40%
Occupancy
Projections — conservative (data maturing)
Our Airbnb calendar dataset started 0.9 months ago and is currently at 7% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.72, occupancy cap 66%) that auto-fades to full fidelity by April 2027.
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€617,715
+56.4% over asking
| Asking price | €395,000 |
| IMT — Property transfer tax (investment schedule) | €19,430 |
| IS — Stamp duty (0.8%) | €3,160 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €5,925 |
| Total acquisition costs | €29,765 |
| Renovation (est. €900/m² × 186 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €167,400 (€130,200–€204,600) |
| Furnishing & STR launch (4bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €25,550 |
| All-in investment (incl. renovation & furnishing) | €617,715 |
Gross yield (asking price)
13.5%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
Description
Amazing opportunity to develop a very large, fertile 2.75 hectare plot of land with two houses in Colegio, only a few kilometres to Lagos amenities and beaches. Stunning countryside views all around. Peaceful and private. Land stocked with almond, fig and olive trees. The main house requires complete renovation. The s
Location
📍 37.1294°N, 8.7129°W
· Lagos, Algarve, Portugal