Quinta, Várzea do Farelo, Monte Canelas, Mexilhoeira Grande
Grade C+villabudget

Quinta, Várzea do Farelo, Monte Canelas, Mexilhoeira Grande

Portimão · Western Algarve ·

€495,000

Asking Price (EUR)

0.6%

True Net Yield (Owner, all-in)

0.4%

True Net Yield (Managed, all-in)

0.9%

True Gross Yield

34%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 14% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €10,131/yr
Average Daily Rate: €82
-54.0% vs area baselineImage quality 2/10 (-15%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 60.3 years
5-yr Capital Value: €650,423
10-yr Capital Value: €791,339
Brixfox Score: 45.4 / 100
Comparable Properties: 88
Data Confidence: 89%
Search Radius: 2 km

True Investment Cost

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

€1.1M

+120.3% over asking

Asking price€495,000
IMT — Property transfer tax (investment schedule)€27,430
IS — Stamp duty (0.8%)€3,960
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,425
Total acquisition costs€40,065
Renovation (est. €900/m² × 600 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€540,000
(€420,000–€660,000)
Furnishing & STR launch (0bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€15,500
All-in investment (incl. renovation & furnishing)€1.1M

Gross yield (asking price)

2.0%

True gross yield (all-in)

0.9%

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.

Building: 600 m²
Style: dated
Condition: needs-renovation

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
9.39
Visual Appeal
2.2
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
3.37
Payback Speed
0
STR Suitability
3

Description

Surrounded by various fruit trees and the pure air of nature, this quinta, located in Mexilhoeira Grande, is the perfect refuge for those seeking peace and tranquility. With an impressive land area of 67,160 m2, this property is well located, with good access, close to the Penina golf course and Alvor beach, as well as

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

View on Idealista.pt
Idealista.pt
Portimão / Western Algarve

Quinta, Várzea do Farelo, Monte Canelas, Mexilhoeira Grande

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

Grade C+ investment — short-term rental yields 1.3% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score45
GradeC+
Brixfox Intelligence
45C+Moderate
Score Breakdown
ROI & Yield50%
Capital Growth47%
Risk Profile48%
Market Demand45%

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
+6.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$122K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
1.3%
$564/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
14 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
79.5 yr
Rental only

Property details

Condition: needs-renovation

Description

Surrounded by various fruit trees and the pure air of nature, this quinta, located in Mexilhoeira Grande, is the perfect refuge for those seeking peace and tranquility. With an impressive land area of 67,160 m2, this property is well located, with good access, close to the Penina golf course and Alvor beach, as well as

Income Breakdown

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Nightly Rate (ADR)
$121/night
50% ($55)Brixfox estimate($121/night)200% ($222)
Occupancy
34%
10%Brixfox estimate(34%)100%

Short-Term Rental

Yearly income
$6,765
Airbnb data$121/night · 34% occupancy
Rental income
$121/night · 34% occ.
$14,821
Running costs (20%)
Utilities, cleaning, maintenance
-$2,964
Income tax (10%)
Indonesian rental income tax
-$4,150
Property tax
Annual property tax
-$942
Net income
1.3% ROI
$6,765

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$538,043
IMT (transfer tax, investment schedule)$29,815
Imposto de Selo (stamp duty)$4,304
Notary & registration$1,359
Legal / due diligence$8,071
Total acquisition costs$43,549
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$586,957
($456,522–$717,391)
Furnishing & STR launch
0bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$14,674
All-in investment$1,183,223

Gross yield (asking)

2.8%

True gross yield (all-in)

1.3%

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.

$2.2M$1.6M$1.1M$547K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $495K
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.
2x return
Year 15: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$602K
+22%
Rental Income
+$33K
Total Position
$635K
+28%
5.1%/yr
Year 10
Capital Value
$733K
+48%
Rental Income
+$71K
Total Position
$804K
+62%
5.0%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$167K
Total Position
$1.3M
+153%
4.7%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$296K
Total Position
$1.9M
+284%
4.6%/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
Weak
1.3% annual return
Occupancy
Weak
34% average occupancy
Nightly Rate
Average
$111 per night
Visual Appeal
Weak
1/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 1.3% is below 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.
1.5%
$692/mo
40% occ.
2.1%
$949/mo
34% occ.
1.8%
$786/mo
current
44% occ.
2.3%
$1,043/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.