T2 flat in Rua Nunes Lisa, Zona do Autódromo do Algarve, Mexilhoeira Grande
T2 flat in Rua Nunes Lisa, Zona do Autódromo do Algarve, Mexilhoeira Grande — image 2T2 flat in Rua Nunes Lisa, Zona do Autódromo do Algarve, Mexilhoeira Grande — image 3T2 flat in Rua Nunes Lisa, Zona do Autódromo do Algarve, Mexilhoeira Grande — image 4T2 flat in Rua Nunes Lisa, Zona do Autódromo do Algarve, Mexilhoeira Grande — image 5
Grade Aapartmentmid-range

T2 flat in Rua Nunes Lisa, Zona do Autódromo do Algarve, Mexilhoeira Grande

Portimão · Western Algarve ·

€230,000

Asking Price (EUR)

9.3%

True Net Yield (Owner, all-in)

6.5%

True Net Yield (Managed, all-in)

14.4%

True Gross Yield

67%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 17% 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: €39,693/yr
Average Daily Rate: €163
Payback Period: 5.7 years
5-yr Capital Value: €302,217
10-yr Capital Value: €367,693
Brixfox Score: 76.8 / 100
Comparable Properties: 5
Data Confidence: 51%
Search Radius: 6 km

True Investment Cost

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

€276,212

+20.1% over asking

Asking price€230,000
IMT — Property transfer tax (investment schedule)€7,097
IS — Stamp duty (0.8%)€1,840
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,450
Total acquisition costs€13,637
Renovation (est. €55/m² × 95 m²)
Light touch-ups — paint, fixtures, deep clean.		€5,225
(€2,850–€7,600)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€27,350
All-in investment (incl. renovation & furnishing)€276,212

Gross yield (asking price)

17.3%

True gross yield (all-in)

14.4%

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: 95 m²
Style: contemporary
Condition: good
Energy Certificate: A
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

communal pool areabalcony with outdoor seating

Score Breakdown

ROI
25
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
3.9
Rental Demand
8.5
Payback Speed
5
STR Suitability
3

Description

Fully Managed and Ready to Use Apartments for sale next to the Autódromo Internacional do Algarve in Portimão. This is a unique opportunity to acquire an affordable investment in the real estate market in Portugal. As part of a fully operational and successful rental program, homeowners can choose their own use and th

Location

📍 37.2350°N, 8.6379°W

· Portimão, Algarve, Portugal

View on Nuris Imobiliária →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

T2 flat in Rua Nunes Lisa, Zona do Autódromo do Algarve, Mexilhoeira Grande

Inventory
2 Beds
Bathrooms
2 Baths
Built Area
95 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 15.0% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score77
GradeA
Brixfox Intelligence
77AExcellent
Score Breakdown
ROI & Yield85%
Capital Growth81%
Risk Profile78%
Market Demand77%

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
+20.0%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$57K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
15.0%
$3,131/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
5 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
6.7 yr
Rental only

Property details

Energy: A
Condition: good

Description

Fully Managed and Ready to Use Apartments for sale next to the Autódromo Internacional do Algarve in Portimão. This is a unique opportunity to acquire an affordable investment in the real estate market in Portugal. As part of a fully operational and successful rental program, homeowners can choose their own use and th

Income Breakdown

Adjust Forecast

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Nightly Rate (ADR)
$236/night
50% ($108)Brixfox estimate($236/night)200% ($433)
Occupancy
85%
10%Brixfox estimate(85%)100%

Short-Term Rental

Yearly income
$37,566
Airbnb data$236/night · 85% occupancy
Rental income
$236/night · 85% occ.
$73,084
Running costs (20%)
Utilities, cleaning, maintenance
-$14,617
Income tax (10%)
Indonesian rental income tax
-$20,463
Property tax
Annual property tax
-$438
Net income
15.0% ROI
$37,566

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$250,000
IMT (transfer tax, investment schedule)$7,714
Imposto de Selo (stamp duty)$2,000
Notary & registration$1,359
Legal / due diligence$3,750
Total acquisition costs$14,823
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$5,679
($3,098–$8,261)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$29,728
All-in investment$300,230

Gross yield (asking)

29.2%

True gross yield (all-in)

24.3%

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.

$2.7M$2.1M$1.4M$687K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $230K
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 7: rental income alone has repaid the full purchase price.
2x return
Year 5: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$280K
+22%
Rental Income
+$183K
Total Position
$463K
+101%
15.0%/yr
Year 10
Capital Value
$340K
+48%
Rental Income
+$396K
Total Position
$737K
+220%
12.3%/yr
Year 20
Capital Value
$504K
+119%
Rental Income
+$929K
Total Position
$1.4M
+523%
9.6%/yr
Year 30
Capital Value
$746K
+224%
Rental Income
+$1.6M
Total Position
$2.4M
+939%
8.1%/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
Strong
15.0% annual return
Occupancy
Strong
85% average occupancy
Nightly Rate
Strong
$217 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 15.0% — outperforms most villas in this market
Strong occupancy at 85% — consistent booking demand
Premium nightly rate of $217 — positioned in the top tier

Watch Out

Secondary location — rental demand may be lower than premium areas
Compact plot at 0 m² — limited expansion potential

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

65% occ.
15.5%
$3,224/mo
75% occ.
17.9%
$3,725/mo
85% occ.
20.3%
$4,227/mo
current
95% occ.
22.7%
$4,728/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.