Detached house in Espiche, Luz
Detached house in Espiche, Luz — image 2Detached house in Espiche, Luz — image 3Detached house in Espiche, Luz — image 4Detached house in Espiche, Luz — image 5
Grade Avillabudget

Detached house in Espiche, Luz

Lagos · Western Algarve ·

€160,000

Asking Price (EUR)

12.5%

True Net Yield (Owner, all-in)

8.4%

True Net Yield (Managed, all-in)

16.2%

True Gross Yield

62%

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: €39,885/yr
Average Daily Rate: €176
Payback Period: 10.0 years
5-yr Capital Value: €185,484
10-yr Capital Value: €215,027
Brixfox Score: 76.8 / 100
Comparable Properties: 61
Data Confidence: 87%
Search Radius: 2 km

True Investment Cost

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

€246,878

+54.3% over asking

Asking price€160,000
IMT — Property transfer tax (investment schedule)€2,798
IS — Stamp duty (0.8%)€1,280
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,400
Total acquisition costs€7,728
Renovation (est. €900/m² × 67 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€60,300
(€46,900–€73,700)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€18,850
All-in investment (incl. renovation & furnishing)€246,878

Gross yield (asking price)

24.9%

True gross yield (all-in)

16.2%

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.

Bedrooms: 2
Bathrooms: 2
Building: 67 m²
Land: 145 m²
Style: portuguese-traditional
Condition: needs-renovation
Energy Certificate: Exempt

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

potential for multi-level designtraditional Algarve architecture elements (pre-renovation)

Score Breakdown

ROI
25
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
5.21
Rental Demand
6.19
Payback Speed
5
STR Suitability
4

Description

This Portuguese village house in the centre of the pretty village of Espiche has been stripped back to bare walls ready to either renovate into a beautiful little house with garden or to construct a stunning 2-bedroom, 2-bathroom house of 136m2, spread over 3 levels with a rooftop plunge pool, off-road parking and ampl

Location

📍 37.1035°N, 8.7387°W

· Lagos, Algarve, Portugal

View this property on SeaToSky Homes, Algarve →Listed via Idealista.pt
2-bedroom freehold villa in Lagos — photo 1 of 5
SeaToSky Homes, Algarve
2-bedroom freehold villa in Lagos — photo 2 of 5
2-bedroom freehold villa in Lagos — photo 3 of 5
2-bedroom freehold villa in Lagos — photo 4 of 5
2-bedroom freehold villa in Lagos — photo 5 of 5

Detached house in Espiche, Luz

Lagos · Western Algarve · Ref BF-1780 Source verified · SeaToSky Homes, Algarve · listed 2 Jun 2026
Asking price · Freehold
$173,913
Inquire — direct to agent
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
67 m²
Land
145 m²
Est. ADR
$243/night
Occupancy
62%
Brixfox Score 77 · AFinancial analysis ↓

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Property details

Energy: Exempt
Condition: needs-renovation

Description

This Portuguese village house in the centre of the pretty village of Espiche has been stripped back to bare walls ready to either renovate into a beautiful little house with garden or to construct a stunning 2-bedroom, 2-bathroom house of 136m2, spread over 3 levels with a rooftop plunge pool, off-road parking and ampl

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
Good
62% average occupancy
Nightly Rate
Strong
$224 per night
Visual Appeal
Average
4/10 visual appeal
Size & Space
Weak
145 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

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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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Source verified · SeaToSky Homes, Algarve

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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.