Quinta in Praia da Luz, Luz
Lagos · Western Algarve ·
€1.6M
Asking Price (EUR)
8.5%
True Net Yield (Owner, all-in)
5.9%
True Net Yield (Managed, all-in)
13.2%
True Gross Yield
61%
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.
+15.0% vs area baselinePortuguese-traditional style (+5%), Has pool (0%), Has view (+10%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€1.8M
+14.4% 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 × 293 m²) Light touch-ups — paint, fixtures, deep clean. | €16,115 (€8,790–€23,440) |
| Furnishing & STR launch (7bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €56,100 |
| All-in investment (incl. renovation & furnishing) | €1.8M |
Gross yield (asking price)
15.1%
True gross yield (all-in)
13.2%
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
Horta Nova is a property consisting of 2 articles with a total area of 14,400 m2, where three rustic villas are inserted, independent, with access to the communal outdoor pool, and a wonderful garden to enjoy the fantastic sunny afternoons. Each villa consists of a living room, fully equipped kitchen, 2 bedrooms with
Location
📍 37.1016°N, 8.7350°W
· Lagos, Algarve, Portugal