House in Monte Canelas, Mexilhoeira Grande
House in Monte Canelas, Mexilhoeira Grande — image 2House in Monte Canelas, Mexilhoeira Grande — image 3House in Monte Canelas, Mexilhoeira Grande — image 4House in Monte Canelas, Mexilhoeira Grande — image 5
Grade Avillamid-range

House in Monte Canelas, Mexilhoeira Grande

Portimão · Western Algarve ·

€980,000

Asking Price (EUR)

7.6%

True Net Yield (Owner, all-in)

5.3%

True Net Yield (Managed, all-in)

11.7%

True Gross Yield

63%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.3 months ago and is currently at 11% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.73, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €128,804/yr
Average Daily Rate: €558
Payback Period: 9.3 years
5-yr Capital Value: €1.3M
10-yr Capital Value: €1.6M
Brixfox Score: 83.7 / 100
Comparable Properties: 5
Data Confidence: 63%
Search Radius: 6 km

True Investment Cost

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

€1.1M

+12.5% over asking

Asking price€980,000
IMT — Property transfer tax (investment schedule)€58,800
IS — Stamp duty (0.8%)€7,840
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€14,700
Total acquisition costs€82,590
Renovation€0 — move-in ready
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€40,050
All-in investment (incl. renovation & furnishing)€1.1M

Gross yield (asking price)

13.1%

True gross yield (all-in)

11.7%

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.

Bedrooms: 4
Bathrooms: 5
Building: 300 m²
Land: 555 m²
Style: modern
Condition: excellent
Energy Certificate: A
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

floating staircaselarge wall art galleryoutdoor dining and lounge areawine bar/storage

Score Breakdown

ROI
24.29
Visual Appeal
14.2
Ownership Security
13
Location
8.4
Land & Space
10.47
Rental Demand
6.32
Payback Speed
4
STR Suitability
3

Description

In the heart of the eastern Algarve, after Portimão, this 4-bedroom villa with pool for sale in Mexilhoeira Grande surprises with its simplicity and elegance. The villa has four suites, all with access to a single large balcony, as well as a service bathroom. The property is complemented by a garage with automatic gat

Location

📍 37.2062°N, 8.5932°W

· Portimão, Algarve, Portugal

View on LUXIMOS Christie’s International Real Estate →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

House in Monte Canelas, Mexilhoeira Grande

Inventory
4 Beds
Bathrooms
5 Baths
Built Area
300 m²
Land Plot
555 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 9.2% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score84
GradeA
Brixfox Intelligence
84AExcellent
Score Breakdown
ROI & Yield92%
Capital Growth88%
Risk Profile85%
Market Demand84%

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
+14.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$241K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
9.2%
$8,130/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
10.9 yr
Rental only

Property details

Energy: A
Condition: excellent

Description

In the heart of the eastern Algarve, after Portimão, this 4-bedroom villa with pool for sale in Mexilhoeira Grande surprises with its simplicity and elegance. The villa has four suites, all with access to a single large balcony, as well as a service bathroom. The property is complemented by a garage with automatic gat

Income Breakdown

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Nightly Rate (ADR)
$828/night
50% ($381)Brixfox estimate($828/night)200% ($1524)
Occupancy
63%
10%Brixfox estimate(63%)100%

Short-Term Rental

Yearly income
$97,564
Airbnb data$828/night · 63% occupancy
Rental income
$828/night · 63% occ.
$191,209
Running costs (20%)
Utilities, cleaning, maintenance
-$38,242
Income tax (10%)
Indonesian rental income tax
-$53,538
Property tax
Annual property tax
-$1,864
Net income
9.2% ROI
$97,564

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$1,065,217
IMT (transfer tax, investment schedule)$63,913
Imposto de Selo (stamp duty)$8,522
Notary & registration$1,359
Legal / due diligence$15,978
Total acquisition costs$89,772
RenovationMove-in ready
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$41,359
All-in investment$1,196,348

Gross yield (asking)

18.0%

True gross yield (all-in)

16.0%

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.

$8.6M$6.4M$4.3M$2.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $980K
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 10: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.2M
+22%
Rental Income
+$477K
Total Position
$1.7M
+70%
11.2%/yr
Year 10
Capital Value
$1.5M
+48%
Rental Income
+$1.0M
Total Position
$2.5M
+153%
9.7%/yr
Year 20
Capital Value
$2.1M
+119%
Rental Income
+$2.4M
Total Position
$4.6M
+365%
8.0%/yr
Year 30
Capital Value
$3.2M
+224%
Rental Income
+$4.3M
Total Position
$7.4M
+660%
7.0%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.2% annual return
Occupancy
Good
63% average occupancy
Nightly Rate
Strong
$762 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Strong
555 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.2% — outperforms most villas in this market
Premium nightly rate of $762 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates

Watch Out

Secondary location — rental demand may be lower than premium areas
STR zoning not confirmed — verify before purchasing for short-term rental use

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

43% occ.
8.4%
$7,470/mo
53% occ.
10.4%
$9,234/mo
63% occ.
12.4%
$10,998/mo
current
73% occ.
14.4%
$12,762/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.