Detached house in Rua Pedro Pacheco dos Reis, 4, Montinhos da Luz, Luz
Lagos · Western Algarve ·
€900,000
Asking Price (EUR)
7.5%
True Net Yield (Owner, all-in)
5.2%
True Net Yield (Managed, all-in)
11.5%
True Gross Yield
64%
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.
€1.0M
+14.8% over asking
| Asking price | €900,000 |
| IMT — Property transfer tax (investment schedule) | €54,000 |
| IS — Stamp duty (0.8%) | €7,200 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €13,500 |
| Total acquisition costs | €75,950 |
| Renovation (est. €55/m² × 218 m²) Light touch-ups — paint, fixtures, deep clean. | €11,990 (€6,540–€17,440) |
| Furnishing & STR launch (5bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €45,400 |
| All-in investment (incl. renovation & furnishing) | €1.0M |
Gross yield (asking price)
13.2%
True gross yield (all-in)
11.5%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
Score Breakdown
Description
Casa Mandala – A Peaceful Hillside Retreat Near Luz & Burgau Nestled in a beautifully quiet location, yet just minutes from the charm of Luz and Burgau, Casa Mandala offers the perfect balance of tranquility and convenience. This stylish four-bedroom home is designed for relaxed family living, entertaining, and effort
Location
📍 37.0947°N, 8.7531°W
· Lagos, Algarve, Portugal