Launch offer — 3 months free free, no card

Semi-detached house in Rua do Norte, Espiche, Luz
Semi-detached house in Rua do Norte, Espiche, Luz — image 2Semi-detached house in Rua do Norte, Espiche, Luz — image 3Semi-detached house in Rua do Norte, Espiche, Luz — image 4Semi-detached house in Rua do Norte, Espiche, Luz — image 5
Grade B+villamid-range

Semi-detached house in Rua do Norte, Espiche, Luz

Lagos · Western Algarve ·

€520,000

Asking Price (EUR)

8.0%

True Net Yield (Owner, all-in)

5.5%

True Net Yield (Managed, all-in)

10.1%

True Gross Yield

56%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.9 months ago and is currently at 24% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.77, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €61,243/yr
Average Daily Rate: €300
-10.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%)
Payback Period: 17.7 years
5-yr Capital Value: €602,823
10-yr Capital Value: €698,837
Brixfox Score: 70.3 / 100
Comparable Properties: 16
Data Confidence: 83%
Search Radius: 2 km

True Investment Cost

Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.

€605,565

+16.5% over asking

Asking price€520,000
IMT — Property transfer tax (investment schedule)€29,430
IS — Stamp duty (0.8%)€4,160
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,800
Total acquisition costs€42,640
Renovation (est. €55/m² × 195 m²)
Light touch-ups — paint, fixtures, deep clean.		€10,725
(€5,850–€15,600)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€605,565

Gross yield (asking price)

11.8%

True gross yield (all-in)

10.1%

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.

Bedrooms: 3
Bathrooms: 2
Building: 195 m²
Land: 200 m²
Style: portuguese-traditional
Condition: good
Energy Certificate: D

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

arched windowsbalcony with balustradefireplace with wood burner

Score Breakdown

ROI
19.98
Visual Appeal
10.8
Ownership Security
13
Location
8.4
Land & Space
4.57
Rental Demand
5.6
Payback Speed
4
STR Suitability
4

Description

Located in the quiet Municipal Urbanization of Espiche, in the parish of Luz, Lagos, this two-story T3 single-family villa combines space, functionality, and an excellent location in the western Algarve. Set on a 200m² plot, the property has 195m² of gross construction area, distributed over two floors, including 156m²

Location

📍 37.1015°N, 8.7385°W

· Lagos, Algarve, Portugal

Listed by Chave Nova Albufeira via Idealista.pt
3-bedroom freehold villa in Lagos — photo 1 of 5
Idealista.pt
3-bedroom freehold villa in Lagos — photo 2 of 5
3-bedroom freehold villa in Lagos — photo 3 of 5
3-bedroom freehold villa in Lagos — photo 4 of 5
3-bedroom freehold villa in Lagos — photo 5 of 5

Semi-detached house in Rua do Norte, Espiche, Luz

Lagos · Western Algarve · Ref BF-636 Source verified · Idealista.pt · listed 2 Jun 2026
Asking price · Freehold
$565,217
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
195 m²
Land
200 m²
True net yield
5.7%
≈ $5,226/mo net after costs & tax
5-yr total return (net + appreciation)
12.9% / yr avg
Payback in ~18 yrs from rent
Brixfox Score 70 · B+

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Lagos

Western Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Energy: D
Condition: good

Description

Located in the quiet Municipal Urbanization of Espiche, in the parish of Luz, Lagos, this two-story T3 single-family villa combines space, functionality, and an excellent location in the western Algarve. Set on a 200m² plot, the property has 195m² of gross construction area, distributed over two floors, including 156m²

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$421/night
50% ($194)Brixfox estimate($421/night)200% ($775)
Occupancy
56%
10%Brixfox estimate(56%)100%

Short-Term Rental

Indicative
Yearly income
$41,451
Likely range $24,871 – $58,032
Airbnb data$421/night · 56% occupancy
Rental income
$421/night · 56% occ.
$79,713
Running costs (20%)
Utilities, cleaning, maintenance
-$15,943
Income tax (10%)
Indonesian rental income tax
-$22,320
Property tax
Annual property tax
-$0
Net income
7.3% ROI
$41,451

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

5.7%

on all-in cost of $648,430

Scenario
Pre-tax
After-tax
Owner-managed
9.7%
8.6%
Fully-managed
6.7%
5.7%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

12.3%

Annual Revenue

$79,713

Income Tax / yr

$6,975

Payback

18 yrs

True All-In Cost
Asking price$565,217
IMT — transfer tax (non-resident 7.5%)$42,391
Stamp duty (0.8%)$4,522
Notary + registry$2,174
Legal$6,952
Furnishing + STR launch$27,174
All-in cost$648,430

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Lagos.

$4.0M$3.0M$2.0M$1.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $520K
Capital appreciation
Property value growing at +4%/yr based on Lagos market trends.
Rental income
Cumulative net rental earnings collected over time, growing with annual revenue increases.
Total return
Capital value + rental income. Your actual total position if you sold and kept all rent.
Paid back
Year 12: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$633K
+22%
Rental Income
+$202K
Total Position
$835K
+61%
9.9%/yr
Year 10
Capital Value
$770K
+48%
Rental Income
+$437K
Total Position
$1.2M
+132%
8.8%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$1.0M
Total Position
$2.2M
+316%
7.4%/yr
Year 30
Capital Value
$1.7M
+224%
Rental Income
+$1.8M
Total Position
$3.5M
+573%
6.6%/yr
Turnkey Management

Your property, professionally managed

Buying from abroad? You won't lift a finger. A vetted local management partner is already connected to this listing — ready to run it as a short-stay rental from day one, so the Managed projections above are something you can actually rely on.

Vetted by Brixfox 8+ yrs operating 110+ properties managed ~2h guest response

Atlantic Stays Management

Vetted

Alojamento Local management, Lisbon to the Algarve

22%
Management fee
of rental revenue — already in your Managed figures

End-to-end AL management for international owners. We handle the licence, the platforms and the guests so your second home pays for itself.

What the fee covers

  • Listing setup & optimisation (Airbnb, Booking.com, VRBO)
  • Dynamic pricing & revenue management
  • 24/7 multilingual guest communication
  • Guided check-in / check-out & key handling
  • Professional cleaning, laundry & restocking
  • Maintenance & repairs coordination
  • Monthly owner statements & payouts
  • Guest screening & damage protection
  • Alojamento Local (AL) licence handling & renewals
  • SEF/AIMA guest registration & tourist-tax filing
Visit Atlantic Stays Management

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.3% annual return
Occupancy
Average
56% average occupancy
Nightly Rate
Strong
$388 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Average
200 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $388 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 56% — factor in seasonal gaps

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

36% occ.
6.9%
$3,228/mo
46% occ.
8.8%
$4,125/mo
56% occ.
10.7%
$5,022/mo
current
66% occ.
12.6%
$5,919/mo

Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.