Detached house in Portelas, Lagos
Lagos · Western Algarve ·
€1.6M
Asking Price (EUR)
5.2%
True Net Yield (Owner, all-in)
3.6%
True Net Yield (Managed, all-in)
8.1%
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.
€1.8M
+13.6% over asking
| Asking price | €1.6M |
| IMT — Property transfer tax (investment schedule) | €120,000 |
| IS — Stamp duty (0.8%) | €12,800 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €24,000 |
| Total acquisition costs | €158,050 |
| Renovation (est. €55/m² × 267 m²) Light touch-ups — paint, fixtures, deep clean. | €14,685 (€8,010–€21,360) |
| 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) | €1.8M |
Gross yield (asking price)
9.2%
True gross yield (all-in)
8.1%
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
Property with good dimensions located in a very quiet area, surrounded by nature. This magnificent property consists of 5 bedrooms all en suite, quite spacious and bright living room with fireplace, TV room, well equipped kitchen. The main floor has underfloor heating All the house is equipped with air conditioning
Location
📍 37.1245°N, 8.6953°W
· Lagos, Algarve, Portugal