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

T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande

Portimão · Western Algarve ·

€220,000

Asking Price (EUR)

36.9%

True Net Yield (Owner, all-in)

27.2%

True Net Yield (Managed, all-in)

41.9%

True Gross Yield

41%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.2 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €108,995/yr
Average Daily Rate: €737
+25.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%)
Payback Period: 3.4 years
5-yr Capital Value: €255,040
10-yr Capital Value: €295,662
Brixfox Score: 76.8 / 100
Comparable Properties: 7
Data Confidence: 59%
Search Radius: 6 km

True Investment Cost

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

€260,057

+18.2% over asking

Asking price€220,000
IMT — Property transfer tax (investment schedule)€6,397
IS — Stamp duty (0.8%)€1,760
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,300
Total acquisition costs€12,707
Renovation€0 — move-in ready
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)€260,057

Gross yield (asking price)

49.5%

True gross yield (all-in)

41.9%

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.

Bedrooms: 2
Bathrooms: 2
Building: 85 m²
Style: contemporary
Condition: excellent
Energy Certificate: B
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large communal pool areamodern apartment buildings with balconieswell-maintained green spaces

Score Breakdown

ROI
25
Visual Appeal
13.6
Ownership Security
13
Location
8.4
Land & Space
3.7
Rental Demand
4.05
Payback Speed
5
STR Suitability
4

Description

Great value, key-ready apartments available to purchase next to the Autódromo Internacional do Algarve racetrack in Portimão. Situated in the idyllic location of Mexilhoeira Grande, 20 minutes from Portimão city centre, and approximately 25 minutes to Lagos, or to Meia Praia beach - a pristine stretch of golden sands a

Location

📍 37.2417°N, 8.6287°W

· Portimão, Algarve, Portugal

View on Ideal Homes Portugal →Also on Idealista.pt
T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande
Idealista.pt
Source verified

T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande

Portimão · Western Algarve · Freehold · Ref BF-4652
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
85 m²
True net yield
29.8%
≈ $10,651/mo net after costs & tax
Brixfox Score 77 · A

Property details

Energy: B
Condition: excellent

Description

Great value, key-ready apartments available to purchase next to the Autódromo Internacional do Algarve racetrack in Portimão. Situated in the idyllic location of Mexilhoeira Grande, 20 minutes from Portimão city centre, and approximately 25 minutes to Lagos, or to Meia Praia beach - a pristine stretch of golden sands a

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$1,060/night
50% ($487)Brixfox estimate($1,060/night)200% ($1950)
Occupancy
41%
10%Brixfox estimate(41%)100%

Short-Term Rental

Yearly income
$75,497
Airbnb data$1,060/night · 41% occupancy
Rental income
$1,060/night · 41% occ.
$145,186
Running costs (20%)
Utilities, cleaning, maintenance
-$29,037
Income tax (10%)
Indonesian rental income tax
-$40,652
Property tax
Annual property tax
-$0
Net income
30.0% ROI
$75,497

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Investment Returns

After-tax net yield · all-in cost basis

Exact location

Net Yield · Fully-Managed · After Tax

29.8%

on all-in cost of $273,859

Scenario
Pre-tax
After-tax
Owner-managed
46.7%
42.0%
Fully-managed
34.5%
29.8%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

53.0%

Annual Revenue

$145,186

Income Tax / yr

$12,703

Payback

3 yrs

True All-In Cost
Asking price$239,130
IMT — transfer tax (non-resident 7.5%)$17,935
Stamp duty (0.8%)$1,913
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$8,696
All-in cost$273,859

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Portimão.

$4.6M$3.5M$2.3M$1.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $220K
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 4: rental income alone has repaid the full purchase price.
2x return
Year 3: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$268K
+22%
Rental Income
+$369K
Total Position
$636K
+189%
23.7%/yr
Year 10
Capital Value
$326K
+48%
Rental Income
+$796K
Total Position
$1.1M
+410%
17.7%/yr
Year 20
Capital Value
$482K
+119%
Rental Income
+$1.9M
Total Position
$2.3M
+967%
12.6%/yr
Year 30
Capital Value
$714K
+224%
Rental Income
+$3.3M
Total Position
$4.0M
+1726%
10.2%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
30.0% annual return
Occupancy
Weak
41% average occupancy
Nightly Rate
Strong
$975 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 30.0% — outperforms most villas in this market
Premium nightly rate of $975 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 41% — factor in seasonal gaps

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
34.0%
$6,769/mo
40% occ.
45.3%
$9,025/mo
current
41% occ.
45.9%
$9,147/mo
current
51% occ.
57.2%
$11,403/mo

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Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.

Asking price · Freehold
$239,130
29.8%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.