Detached house in Rua João dos Santos, 7, Espiche, Luz
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Grade Avillabudget

Detached house in Rua João dos Santos, 7, Espiche, Luz

Lagos · Western Algarve ·

€125,000

Asking Price (EUR)

Net yield — free account

True Net Yield (after-tax, all-in)

19.6%

True Gross Yield

60%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 3.6 months ago and is currently at 30% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.79, occupancy cap 68%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €37,108/yr
Average Daily Rate: 170
5-yr Capital Value: €144,909
10-yr Capital Value: €167,990
Brixfox Score: 76.6 / 100
Comparable Properties: 76
Data Confidence: 88%
Search Radius: 2 km

True Investment Cost

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

€189,262

+51.4% over asking

Asking price€125,000
IMT — Property transfer tax (investment schedule)€1,437
IS — Stamp duty (0.8%)€1,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€1,875
Total acquisition costs€5,562
Renovation (est. €900/m² × 48)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.
€43,200
(€33,600€52,800)
Furnishing & STR launch (0bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€15,500
All-in investment (incl. renovation & furnishing)€189,262

Gross yield (asking price)

29.7%

True gross yield (all-in)

19.6%

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.

Building: 48
Land: 118
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1951
Energy Certificate: Exempt

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
25
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
5.17
Rental Demand
5.98
Payback Speed
5
STR Suitability
4

Description

Discover this unique opportunity in the center of Espiche, a delightful village full of charm and tranquility. This sunlit property offers excellent outdoor space and endless possibilities to create your dream home. Total land area: 118 sqm Building footprint: 47.5 sqm Potential to add a first floor Perfect for those

Location

📍 37.1012°N, 8.7382°W

Approximate location

· Lagos, Algarve, Portugal

Visit Sunpoint PropertiesListed via Idealista.pt
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Detached house in Rua João dos Santos, 7, Espiche, Luz

Lagos · Western Algarve · Ref BF-1168 Source verified · Sunpoint Properties · listed 2 Jun 2026
Asking price · Freehold
€125,000
Inquire — direct to agent
Ownership
Freehold
Bedrooms
Studio
Built area
48 m²
Land
118 m²
Est. ADR
€170/night
Occupancy
60%
Brixfox Score 77 · AFinancial analysis ↓

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Property details

Year built: 1951
Energy: Exempt
Condition: needs-renovation

Description

Discover this unique opportunity in the center of Espiche, a delightful village full of charm and tranquility. This sunlit property offers excellent outdoor space and endless possibilities to create your dream home. Total land area: 118 sqm Building footprint: 47.5 sqm Potential to add a first floor Perfect for those

Investment figures under review

The rental projection for this property failed our plausibility check, so we've temporarily hidden its yield and ROI figures rather than show numbers we can't stand behind. We're re-validating the underlying occupancy, rate and price data — check back shortly.

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Where it sits — and the comps around it

The Airbnb listings behind the market evidence above, on the map.

Location

Lagos

Western Algarve, Approximate area

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Villa Scorecard

Location
Good
Popular area with steady demand
Rental Yield
Pending
Estimate unavailable
Occupancy
Average
60% average occupancy
Nightly Rate
Average
€170 per night
Visual Appeal
Weak
1/10 visual appeal
Size & Space
Weak
118 m² land area
AL Licence
Pending
Not verified — confirm AL registration before purchase
Tenure
Strong
Freehold ownership

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Data Sources & Methodology

ROI calculations use Brixfox Intelligence rental data from live Airbnb calendar tracking — the Algarve dataset has been live since March 2026, seasonality-adjusted to a full-year estimate with a conservative calibration while it matures. Operating costs are modelled per line (management, channel fees, cleaning, utilities, IMI, maintenance, insurance). After-tax yields deduct non-resident IRS on AL income under the simplified regime (~8.75% of gross); buyer-side IMT and stamp duty are included in the all-in cost basis. Market factors in Portugal may impact actual yields.