Property for Sale in Luz, Algarve

Luz – properly Praia da Luz – sits on the western Algarve coast between Lagos and Burgau. It is small enough to feel like a village and established enough to have a year-round community, good restaurants and a beach that people come back to for thirty years. This page is a plain guide to what you can buy here and what it costs.

What is on the market in Luz

• Apartments – one- and two-bedroom apartments, many in small complexes with a shared pool, generally from around €225,000. The strongest rental performers in the village.
• Townhouses – two- and three-bedroom, often with a roof terrace and a sea glimpse, mid €300,000s upwards.
• Detached villas – three to five bedrooms with a private pool, from roughly €600,000 to well over €1m for elevated sea views.
• Plots and projects – limited inside the village; more availability in Espiche, Almadena and towards Barão de São João.

Running costs to expect

• IMI (annual council tax) – usually 0.3–0.45% of the rateable value, far below UK council tax.
• Condominium fees on apartments – commonly €40–€150 per month depending on pool and gardens.
• Pool and garden maintenance on a villa – budget €150–€300 per month if you are not here to do it.
• AL licence if you intend to holiday let – check it exists before you buy, not after.

Letting your property in Luz

Luz has a long season, roughly April to October, plus a solid winter market of long-stay northern European visitors. Walkable-to-the-beach apartments and three-bedroom villas with a pool let best. The single biggest value driver is whether the property already holds an Alojamento Local licence – transferable licences are worth real money and we always check the register before you commit.

The buying process, briefly

Get a NIF and a Portuguese bank account, instruct an independent lawyer (never the seller's), sign the CPCV with a 10% deposit, then complete at the deed usually six to ten weeks later. Full detail is in our international buyers' guide, with the paperwork checklist in our NIF and bank account guide.

Talk to us before you fly out

Tell us your budget and how you plan to use the property, and we will line up a viewing trip that is worth the flights – including anything coming to market shortly. Browse the current listings or contact Luz Villa Sales. If Luz is a little tight for your budget, our Lagos market guide and Sagres and Vila do Bispo guide are the natural alternatives.