Villas Key · Winter rental management
Villas Key · Winter rental management
Earn rental income from your Lagos property during the quieter months. We find suitable tenants, take care of the management and keep your summer plans flexible.
Your property deserves more than an empty winter.
Do you own a property in the Algarve that sits empty between October and May? With our Winter Lets service, we rent out your fully furnished and equipped property for periods of 1 to 6 months. This way, your property generates rental income during the low season, while remaining available for your own use or holiday rentals throughout the summer.
We carefully select reliable tenants, including remote workers, Northern European retirees, and families relocating to the Algarve. We take care of everything, so you can enjoy a steady monthly rental income without the hassle.
How much could your property earn this winter?
Get started
Get started
Tell us a little about your property and we will contact you to provide a free assessment of its potential rental income and opportunities
Free property valuation
Personalised rental estimate
Your property can keep earning after summer ends.
Your property can keep earning after summer ends.
Is your Algarve property empty between October and May? With Villas Key’s Winter Lets service, we rent out your fully furnished and equipped property for stays of 1 to 6 months.
We look for suitable tenants, from remote workers and Northern European retirees to relocating families and professionals on temporary assignments.
✓ Receive monthly rental income without handling the day-to-day management.
✓ Keep the flexibility to enjoy your home again in summer.
✓ Only pay a commission when rent is collected.
Is your Algarve property empty between October and May? With Villas Key’s Winter Lets service, we rent out your fully furnished and equipped property for stays of 1 to 6 months.
We look for suitable tenants, from remote workers and Northern European retirees to relocating families and professionals on temporary assignments.
✓ Receive monthly rental income without handling the day-to-day management.
✓ Keep the flexibility to enjoy your home again in summer.
✓ Only pay a commission when rent is collected.
How much could you earn each month?
Clear, transparent pricing
Clear, transparent pricing
Property assessment
Illustrative figures for luxury properties in Lagos, after deducting our 20% + VAT management commission.
Monthly rent
Commission + VAT
Your monthly income
1-bedroom apartment
2-bedroom apartment
3-bedroom apartment
3–4 bedroom villa
€1,500
€2,000
€3,000
€3,800
€369.00
€492.00
€738.00
€934.80
€1,131.00
€1,508.00
€2,262.00
€2,865.20
These figures are estimates, not guaranteed earnings, and assume VAT at the standard Portuguese rate of 23%. Amounts are before income tax and property expenses, including condominium charges, municipal property tax (IMI), insurance and utilities. The rental rate for each property is determined after an assessment.
From preparing your listing to managing check-out, we coordinate every stage of the rental.
We arrange professional photographs, create the listing and promote your property.
We take care of everything.
Your property is in good hands.
Stress-free property management
Stress-free property management
Property assessment
We visit your property and recommend a suitable monthly rental rate.
Photography & marketing
Tenant screening
We coordinate viewings, interviews and checks on prospective tenants.
Inventory & check-in
We prepare the inventory and organise each tenant’s arrival.
Cleaning & maintenance
We coordinate cleaning and maintenance needs throughout each stay.
Check-out & ongoing support
We arrange check-out and take care of the rental administration.
Four straightforward steps to get your property ready for Winter Lets.
Simple from start to finish.
From first visit to first payment
From first visit to first payment
Free property valuation
We visit your property and recommend a monthly rental rate.
Agreement & preparation
We agree on the management terms and prepare your property for tenants.
Photos & listing
We create your listing, with publication planned within 7 days.
Approved tenant
Interviews, eligibility checks, check-in and ongoing support.
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Documents: proof of identity, Portuguese tax identification number (NIF) and proof of income.
Move-in: security deposit and first month’s rent due when signing the agreement.
Cleaning: mandatory end-of-stay cleaning paid by the tenant.
Cancellation: a charge of 25% to 100%, depending on how much notice is given.
Pets: subject to the owner’s prior approval on a case-by-case basis.
Clear terms for everyone.
Before getting started
Before getting started
For property owners
Management agreement: seasonal and renewable, with 60 days’ notice.
Payment: by the 10th of each month, with a detailed statement.
Property requirements: furnished property, equipped kitchen, household linen and internet.
Documentation: property use licence, energy certificate and multi-risk insurance.
Utilities: electricity, water, gas and internet paid by the owner.
For tenants
What owners and tenants should know before a winter rental begins.
These terms are subject to the agreement signed and applicable legislation.
Frequently Asked Questions
Frequently Asked Questions
Winter Lets are mid-term rentals of generally 1 to 6 months in furnished, equipped properties. Demand is typically strongest from October to May, making use of the quieter months.
What are Winter Lets in Lagos?
What are Winter Lets in Lagos?
Can I use my property during the summer?
Can I use my property during the summer?
Yes. Winter Lets are designed so you can keep your property available for personal use or holiday stays in summer, subject to the dates agreed in your contract.
How much does Villas Key charge?
How much does Villas Key charge?
The management fee is 20% + VAT of the monthly rent collected, including tenant placement. There is no upfront placement fee, and no commission is charged if no rent is collected.
What does my property need to qualify?
What does my property need to qualify?
Your property should be furnished and equipped, with a fitted kitchen, household linen, internet, a property use licence, an energy certificate and multi-risk insurance. Our team will confirm the requirements during the assessment.
Who typically rents a Winter Let?
Who typically rents a Winter Let?
Typical tenants include remote workers, Northern European retirees, relocating families and professionals on temporary assignments. Every applicant goes through a selection and screening process.