Detached house in Rua das Mercês, Montinhos da Luz, Luz
Lagos · Western Algarve ·
€899,000
Asking Price (EUR)
5.0%
True Net Yield (Owner, all-in)
3.5%
True Net Yield (Managed, all-in)
7.7%
True Gross Yield
63%
Occupancy
Projections — conservative (data maturing)
Our Airbnb calendar dataset started 1 months ago and is currently at 9% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.73, occupancy cap 66%) that auto-fades to full fidelity by April 2027.
+25.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), 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.
€1.0M
+12.3% over asking
| Asking price | €899,000 |
| IMT — Property transfer tax (investment schedule) | €53,940 |
| IS — Stamp duty (0.8%) | €7,192 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €13,485 |
| Total acquisition costs | €75,867 |
| Renovation | €0 — move-in ready |
| Furnishing & STR launch (3bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €34,700 |
| All-in investment (incl. renovation & furnishing) | €1.0M |
Gross yield (asking price)
8.7%
True gross yield (all-in)
7.7%
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
Detached 3-bedroom villa, fully renovated, featuring a contemporary style and excellent natural light, arranged over two floors. On the ground floor, a spacious open-plan area combines a fully equipped kitchen, dining room and living room, creating a modern and functional environment, complemented by a wood-burning sto
Location
📍 37.0871°N, 8.7465°W
· Lagos, Algarve, Portugal