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 ·

€225,000

Asking Price (EUR)

9.3%

True Net Yield (Owner, all-in)

6.4%

True Net Yield (Managed, all-in)

14.3%

True Gross Yield

67%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.9 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: €38,692/yr
Average Daily Rate: 159
Payback Period: 5.6 years
5-yr Capital Value: €295,647
10-yr Capital Value: €359,699
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.

€270,747

+20.3% 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 (est. €55/m² × 95)
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)€270,747

Gross yield (asking price)

17.2%

True gross yield (all-in)

14.3%

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

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large communal pool areaintegrated kitchen appliancesbalcony with green views

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

📍 37.2341°N, 8.6385°W

· Portimão, Algarve, Portugal

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 15.1% 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
+20.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$55K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
15.1%
$3,084/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
6.6 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

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Nightly Rate (ADR)
$232/night
50% ($107)Brixfox estimate($232/night)200% ($427)
Occupancy
85%
10%Brixfox estimate(85%)100%

Short-Term Rental

Yearly income
$37,004
Airbnb data$232/night · 85% occupancy
Rental income
$232/night · 85% occ.
$71,985
Running costs (20%)
Utilities, cleaning, maintenance
-$14,397
Income tax (10%)
Indonesian rental income tax
-$20,156
Property tax
Annual property tax
-$428
Net income
15.1% ROI
$37,004

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$244,565
IMT (transfer tax, investment schedule)$7,334
Imposto de Selo (stamp duty)$1,957
Notary & registration$1,359
Legal / due diligence$3,668
Total acquisition costs$14,317
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$294,290

Gross yield (asking)

29.4%

True gross yield (all-in)

24.5%

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$2.0M$1.4M$675K$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 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
$274K
+22%
Rental Income
+$181K
Total Position
$454K
+102%
15.1%/yr
Year 10
Capital Value
$333K
+48%
Rental Income
+$390K
Total Position
$723K
+221%
12.4%/yr
Year 20
Capital Value
$493K
+119%
Rental Income
+$915K
Total Position
$1.4M
+526%
9.6%/yr
Year 30
Capital Value
$730K
+224%
Rental Income
+$1.6M
Total Position
$2.3M
+944%
8.1%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
15.1% annual return
Occupancy
Strong
85% average occupancy
Nightly Rate
Strong
$213 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 15.1% — outperforms most villas in this market
Strong occupancy at 85% — consistent booking demand
Premium nightly rate of $213 — 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.
15.6%
$3,175/mo
75% occ.
18.0%
$3,669/mo
85% occ.
20.4%
$4,163/mo
current
95% occ.
22.9%
$4,657/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.