T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande
T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande — image 2T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande — image 3T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande — image 4T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande — image 5
Grade B+apartmentmid-range

T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande

Portimão · Western Algarve ·

€225,000

Asking Price (EUR)

23.1%

True Net Yield (Owner, all-in)

16.8%

True Net Yield (Managed, all-in)

26.8%

True Gross Yield

44%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.2 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €70,483/yr
Average Daily Rate: €437
Payback Period: 5.5 years
5-yr Capital Value: €260,837
10-yr Capital Value: €302,381
Brixfox Score: 74.2 / 100
Comparable Properties: 4
Data Confidence: 49%
Search Radius: 6 km

True Investment Cost

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

€263,022

+16.9% over asking

Asking price€225,000
IMT — Property transfer tax (investment schedule)€6,747
IS — Stamp duty (0.8%)€1,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,375
Total acquisition costs€13,172
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€24,850
All-in investment (incl. renovation & furnishing)€263,022

Gross yield (asking price)

31.3%

True gross yield (all-in)

26.8%

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: 119 m²
Style: contemporary
Condition: excellent
Energy Certificate: B
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large sliding glass doors to balconyopen-plan living and dining areamodern minimalist decor

Score Breakdown

ROI
25
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
4.38
Rental Demand
4.42
Payback Speed
5
STR Suitability
4

Description

Tourist Enterprise. This two bedroom flat, sold fully furnished, consists of a spacious open plan living room with a dining area, two large bedrooms with fitted wardrobes, two bathrooms and a fully equipped kitchen with hob, oven, extractor fan, microwave, fridge, water heater and washing machine. Private terrace that

Location

📍 37.2442°N, 8.6221°W

· Portimão, Algarve, Portugal

View on Imojoy Real Estate →Also on Idealista.pt
T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande
Idealista.pt
Source verified

T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande

Portimão · Western Algarve · Freehold · Ref BF-2865
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
119 m²
True net yield
18.1%
≈ $6,758/mo net after costs & tax
Brixfox Score 74 · B+

Property details

Energy: B
Condition: excellent

Description

Tourist Enterprise. This two bedroom flat, sold fully furnished, consists of a spacious open plan living room with a dining area, two large bedrooms with fitted wardrobes, two bathrooms and a fully equipped kitchen with hob, oven, extractor fan, microwave, fridge, water heater and washing machine. Private terrace that

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$629/night
50% ($289)Brixfox estimate($629/night)200% ($1157)
Occupancy
44%
10%Brixfox estimate(44%)100%

Short-Term Rental

Yearly income
$48,823
Airbnb data$629/night · 44% occupancy
Rental income
$629/night · 44% occ.
$93,890
Running costs (20%)
Utilities, cleaning, maintenance
-$18,778
Income tax (10%)
Indonesian rental income tax
-$26,289
Property tax
Annual property tax
-$0
Net income
20.0% ROI
$48,823

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Investment Returns

After-tax net yield · all-in cost basis

Exact location

Net Yield · Fully-Managed · After Tax

18.1%

on all-in cost of $279,745

Scenario
Pre-tax
After-tax
Owner-managed
29.0%
26.1%
Fully-managed
21.1%
18.1%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

33.6%

Annual Revenue

$93,890

Income Tax / yr

$8,215

Payback

6 yrs

True All-In Cost
Asking price$244,565
IMT — transfer tax (non-resident 7.5%)$18,342
Stamp duty (0.8%)$1,957
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$8,696
All-in cost$279,745

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Portimão.

$3.3M$2.5M$1.6M$824K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $225K
Capital appreciation
Property value growing at +4%/yr based on Portimão market trends.
Rental income
Cumulative net rental earnings collected over time, growing with annual revenue increases.
Total return
Capital value + rental income. Your actual total position if you sold and kept all rent.
Paid back
Year 5: rental income alone has repaid the full purchase price.
2x return
Year 4: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$274K
+22%
Rental Income
+$238K
Total Position
$512K
+128%
17.9%/yr
Year 10
Capital Value
$333K
+48%
Rental Income
+$515K
Total Position
$848K
+277%
14.2%/yr
Year 20
Capital Value
$493K
+119%
Rental Income
+$1.2M
Total Position
$1.7M
+656%
10.6%/yr
Year 30
Capital Value
$730K
+224%
Rental Income
+$2.1M
Total Position
$2.9M
+1174%
8.9%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
20.0% annual return
Occupancy
Weak
44% average occupancy
Nightly Rate
Strong
$579 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 20.0% — outperforms most villas in this market
Premium nightly rate of $579 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 44% — factor in seasonal gaps

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
19.7%
$4,017/mo
40% occ.
26.3%
$5,355/mo
44% occ.
29.0%
$5,915/mo
current
54% occ.
35.6%
$7,254/mo

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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.

Asking price · Freehold
$244,565
18.1%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.