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Detached house, Urbanização Melody, 5, Ferrel, Luz
Detached house, Urbanização Melody, 5, Ferrel, Luz — image 2Detached house, Urbanização Melody, 5, Ferrel, Luz — image 3Detached house, Urbanização Melody, 5, Ferrel, Luz — image 4Detached house, Urbanização Melody, 5, Ferrel, Luz — image 5
Grade Avillamid-range

Detached house, Urbanização Melody, 5, Ferrel, Luz

Lagos · Western Algarve ·

€1.1M

Asking Price (EUR)

8.6%

True Net Yield (Owner, all-in)

6.2%

True Net Yield (Managed, all-in)

10.4%

True Gross Yield

61%

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: €130,239/yr
Average Daily Rate: €587
Payback Period: 15.5 years
5-yr Capital Value: €1.3M
10-yr Capital Value: €1.5M
Brixfox Score: 80.2 / 100
Comparable Properties: 6
Data Confidence: 71%
Search Radius: 2 km

True Investment Cost

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

€1.2M

+13.6% over asking

Asking price€1.1M
IMT — Property transfer tax (investment schedule)€66,000
IS — Stamp duty (0.8%)€8,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€16,500
Total acquisition costs€92,550
Renovation (est. €55/m² × 359 m²)
Light touch-ups — paint, fixtures, deep clean.		€19,745
(€10,770–€28,720)
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€37,550
All-in investment (incl. renovation & furnishing)€1.2M

Gross yield (asking price)

11.8%

True gross yield (all-in)

10.4%

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.

Bedrooms: 4
Bathrooms: 2
Building: 359 m²
Land: 19850 m²
Style: portuguese-traditional
Condition: good
Year Built: 2005
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large outdoor terracestraditional Portuguese architecturestone chimney

Score Breakdown

ROI
21.92
Visual Appeal
10.8
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
6.08
Payback Speed
4
STR Suitability
4

Description

We present this high-quality villa, located in a peaceful area, just 5 minutes from Praia da Luz and the historic center of Lagos. Set on a large plot, the property combines comfort, privacy, and easy access to beaches and amenities. Property Features 3-Bedroom Villa 359 m² of built area 3 spacious bedrooms, including

Location

📍 37.1058°N, 8.7239°W

· Lagos, Algarve, Portugal

View this property on Mimosaproperties - Real Estate →Listed via Idealista.pt
4-bedroom freehold villa in Lagos — photo 1 of 5
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4-bedroom freehold villa in Lagos — photo 5 of 5

Detached house, Urbanização Melody, 5, Ferrel, Luz

Lagos · Western Algarve · Ref BF-940 Source verified · Mimosaproperties - Real Estate · listed 2 Jun 2026
Asking price · Freehold
$1,195,652
View original listing
Ownership
Freehold
Bedrooms
4
Bathrooms
2
Built area
359 m²
Land
19850 m²
True net yield
6.5%
≈ $11,672/mo net after costs & tax
5-yr total return (net + appreciation)
12.9% / yr avg
Payback in ~15 yrs from rent
Brixfox Score 80 · A

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

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Year built: 2005
Energy: C
Condition: good

Description

We present this high-quality villa, located in a peaceful area, just 5 minutes from Praia da Luz and the historic center of Lagos. Set on a large plot, the property combines comfort, privacy, and easy access to beaches and amenities. Property Features 3-Bedroom Villa 359 m² of built area 3 spacious bedrooms, including

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)
$826/night
50% ($380)Brixfox estimate($826/night)200% ($1520)
Occupancy
61%
10%Brixfox estimate(61%)100%

Short-Term Rental

Indicative
Yearly income
$88,212
Likely range $52,927 – $123,497
Airbnb data$826/night · 61% occupancy
Rental income
$826/night · 61% occ.
$169,638
Running costs (20%)
Utilities, cleaning, maintenance
-$33,928
Income tax (10%)
Indonesian rental income tax
-$47,499
Property tax
Annual property tax
-$0
Net income
7.4% ROI
$88,212

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

6.5%

on all-in cost of $1,337,609

Scenario
Pre-tax
After-tax
Owner-managed
10.5%
9.4%
Fully-managed
7.6%
6.5%
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

12.7%

Annual Revenue

$169,638

Income Tax / yr

$14,843

Payback

15 yrs

True All-In Cost
Asking price$1,195,652
IMT — transfer tax (non-resident 7.5%)$89,674
Stamp duty (0.8%)$9,565
Notary + registry$2,174
Legal$13,370
Furnishing + STR launch$27,174
All-in cost$1,337,609

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Lagos.

$8.5M$6.4M$4.3M$2.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.1M
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
$1.3M
+22%
Rental Income
+$431K
Total Position
$1.8M
+61%
10.0%/yr
Year 10
Capital Value
$1.6M
+48%
Rental Income
+$930K
Total Position
$2.6M
+133%
8.8%/yr
Year 20
Capital Value
$2.4M
+119%
Rental Income
+$2.2M
Total Position
$4.6M
+317%
7.4%/yr
Year 30
Capital Value
$3.6M
+224%
Rental Income
+$3.9M
Total Position
$7.4M
+575%
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

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

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.4% annual return
Occupancy
Good
61% average occupancy
Nightly Rate
Strong
$760 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Strong
19850 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $760 — positioned in the top tier
Generous 19850 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Visual appeal is below average — photos may not compete well on Airbnb listings

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

41% occ.
7.2%
$7,169/mo
51% occ.
9.0%
$8,928/mo
61% occ.
10.7%
$10,686/mo
current
71% occ.
12.5%
$12,445/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.