Detached house in Rua Joaquim Agostinho Fernandes, Centro da Vila, Mexilhoeira Grande
Detached house in Rua Joaquim Agostinho Fernandes, Centro da Vila, Mexilhoeira Grande — image 2Detached house in Rua Joaquim Agostinho Fernandes, Centro da Vila, Mexilhoeira Grande — image 3Detached house in Rua Joaquim Agostinho Fernandes, Centro da Vila, Mexilhoeira Grande — image 4Detached house in Rua Joaquim Agostinho Fernandes, Centro da Vila, Mexilhoeira Grande — image 5
Grade Bvillamid-range

Detached house in Rua Joaquim Agostinho Fernandes, Centro da Vila, Mexilhoeira Grande

Portimão · Western Algarve ·

€800,000

Asking Price (EUR)

4.0%

True Net Yield (Owner, all-in)

2.8%

True Net Yield (Managed, all-in)

6.2%

True Gross Yield

37%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.8 months ago and is currently at 15% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.75, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €55,775/yr
Average Daily Rate: €412
+19.0% vs area baselineImage quality 6/10 (-3%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%)
Payback Period: 17.8 years
5-yr Capital Value: €1.1M
10-yr Capital Value: €1.3M
Brixfox Score: 63.7 / 100
Comparable Properties: 4
Data Confidence: 59%
Search Radius: 3 km

True Investment Cost

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

€902,350

+12.8% over asking

Asking price€800,000
IMT — Property transfer tax (investment schedule)€48,000
IS — Stamp duty (0.8%)€6,400
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€12,000
Total acquisition costs€67,650
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)€902,350

Gross yield (asking price)

7.0%

True gross yield (all-in)

6.2%

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: 3
Bathrooms: 4
Building: 190 m²
Land: 250 m²
Style: contemporary
Condition: new-build
Year Built: 2024
Energy Certificate: A+
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

flat roof designmultiple terraces/balconiesintegrated garage/basement level

Score Breakdown

ROI
16.44
Visual Appeal
11.4
Ownership Security
13
Location
8.4
Land & Space
5.75
Rental Demand
3.71
Payback Speed
2
STR Suitability
3

Description

Sale | Villa | 3 bedrooms | 190 sq.m of construction | 250 sq.m Land Contemporary 3 bedroom villa located in a quiet urbanization between Alvor and Lagos, in the Algarve, in the final stages of construction. This property, with panoramic countryside and sea views, offers a perfect combination of style, functionality a

Location

📍 37.1594°N, 8.6128°W

· Portimão, Algarve, Portugal

View on Cluttons Algarve →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

Detached house in Rua Joaquim Agostinho Fernandes, Centro da Vila, Mexilhoeira Grande

Inventory
3 Beds
Bathrooms
4 Baths
Built Area
190 m²
Land Plot
250 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 4.7% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score64
GradeB
Brixfox Intelligence
64BStrong
Score Breakdown
ROI & Yield70%
Capital Growth67%
Risk Profile66%
Market Demand64%

The Brixfox Score is our proprietary AI-powered rating that evaluates rental ROI, capital appreciation potential, risk factors, and local market dynamics to give you a single investment quality metric.

Pro members get full score breakdown with AI recommendations
Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+9.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$197K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.7%
$3,397/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
21.3 yr
Rental only

Property details

Year built: 2024
Energy: A+
Condition: new-build

Description

Sale | Villa | 3 bedrooms | 190 sq.m of construction | 250 sq.m Land Contemporary 3 bedroom villa located in a quiet urbanization between Alvor and Lagos, in the Algarve, in the final stages of construction. This property, with panoramic countryside and sea views, offers a perfect combination of style, functionality a

Income Breakdown

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Nightly Rate (ADR)
$601/night
50% ($277)Brixfox estimate($601/night)200% ($1106)
Occupancy
37%
10%Brixfox estimate(37%)100%

Short-Term Rental

Yearly income
$40,768
Airbnb data$601/night · 37% occupancy
Rental income
$601/night · 37% occ.
$81,326
Running costs (20%)
Utilities, cleaning, maintenance
-$16,265
Income tax (10%)
Indonesian rental income tax
-$22,771
Property tax
Annual property tax
-$1,522
Net income
4.7% ROI
$40,768

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

True all-in investment

What the headline asking price actually costs once mandatory taxes, fees, renovation, and furnishing are added. Yields rebased onto this number — closer to what you'll really earn against what you'll really pay.

Asking price$869,565
IMT (transfer tax, investment schedule)$52,174
Imposto de Selo (stamp duty)$6,957
Notary & registration$1,359
Legal / due diligence$13,043
Total acquisition costs$73,533
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$35,543
All-in investment$978,641

Gross yield (asking)

9.4%

True gross yield (all-in)

8.3%

Estimates use Portugal's standard transfer tax + typical legal/notary defaults. Verify with local counsel before committing — actual fees vary by deal structure.

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Portimão.

$5.0M$3.8M$2.5M$1.3M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $800K
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 17: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$973K
+22%
Rental Income
+$199K
Total Position
$1.2M
+47%
7.9%/yr
Year 10
Capital Value
$1.2M
+48%
Rental Income
+$430K
Total Position
$1.6M
+102%
7.3%/yr
Year 20
Capital Value
$1.8M
+119%
Rental Income
+$1.0M
Total Position
$2.8M
+245%
6.4%/yr
Year 30
Capital Value
$2.6M
+224%
Rental Income
+$1.8M
Total Position
$4.4M
+447%
5.8%/yr

Location

Portimão

Western Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
4.7% annual return
Occupancy
Weak
37% average occupancy
Nightly Rate
Strong
$553 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Average
250 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $553 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.7% is near the market average — model your cashflow carefully

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
5.1%
$3,713/mo
40% occ.
6.9%
$4,993/mo
37% occ.
6.4%
$4,618/mo
current
47% occ.
8.1%
$5,898/mo

Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Includes 10% Indonesian rental tax (PPh) and annual property tax (PBB). Market factors in Portugal may impact actual yields.