House in Burgau, Luz
Lagos · Western Algarve ·
€600,000
Asking Price (EUR)
8.1%
True Net Yield (Owner, all-in)
5.6%
True Net Yield (Managed, all-in)
12.4%
True Gross Yield
66%
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.
€818,380
+36.4% over asking
| Asking price | €600,000 |
| IMT — Property transfer tax (investment schedule) | €35,830 |
| IS — Stamp duty (0.8%) | €4,800 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €9,000 |
| Total acquisition costs | €50,880 |
| Renovation (est. €900/m² × 154 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €138,600 (€107,800–€169,400) |
| Furnishing & STR launch (5bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €28,900 |
| All-in investment (incl. renovation & furnishing) | €818,380 |
Gross yield (asking price)
17.0%
True gross yield (all-in)
12.4%
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
House in Montinhos da Luz, Cana da Vaca for total renovation or new construction. Welcome to the beautiful village of Praia da Luz, Cama da Vaca where history mixes with tranquility and education. This charming 5 bedroom, 2 bathroom villa, with a built area of 154m² and a plot of 840m², is for sale foreuros. Built in
Location
📍 37.0799°N, 8.7572°W
· Lagos, Algarve, Portugal