Detached house in Monte Canelas, Mexilhoeira Grande
Detached house in Monte Canelas, Mexilhoeira Grande — image 2Detached house in Monte Canelas, Mexilhoeira Grande — image 3Detached house in Monte Canelas, Mexilhoeira Grande — image 4Detached house in Monte Canelas, Mexilhoeira Grande — image 5
Grade A+villamid-range

Detached house in Monte Canelas, Mexilhoeira Grande

Portimão · Western Algarve ·

€495,000

Asking Price (EUR)

20.5%

True Net Yield (Owner, all-in)

15.1%

True Net Yield (Managed, all-in)

23.8%

True Gross Yield

67%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.5 months ago and is currently at 21% 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: €135,070/yr
Average Daily Rate: €552
+13.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 5.5 years
5-yr Capital Value: €573,841
10-yr Capital Value: €665,239
Brixfox Score: 88.7 / 100
Comparable Properties: 4
Data Confidence: 68%
Search Radius: 3 km

True Investment Cost

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

€567,265

+14.6% 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€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€567,265

Gross yield (asking price)

27.3%

True gross yield (all-in)

23.8%

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: 3
Bathrooms: 2
Building: 120 m²
Land: 517 m²
Style: contemporary
Condition: excellent
Year Built: 2025
Energy Certificate: A+
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large kitchen island with seatingnatural wood cabinetrymodern pendant lightinglarge window with outdoor view

Score Breakdown

ROI
25
Visual Appeal
13.6
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
7.65
Payback Speed
5
STR Suitability
4

Description

Monte Canelas: A Customizable Modern Home in the Algarve Your Dream Villa in a Prime Location Discover a unique opportunity to own a home in one of the most desirable areas of the Algarve. Monte Canelas offers the perfect balance between tranquility and accessibility, situated in a peaceful, modern urbanization just

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

Visit IAD Portugal →Listed via Idealista.pt
3-bedroom freehold villa in Portimão — photo 1 of 5
IAD Portugal
3-bedroom freehold villa in Portimão — photo 2 of 5
3-bedroom freehold villa in Portimão — photo 3 of 5
3-bedroom freehold villa in Portimão — photo 4 of 5
3-bedroom freehold villa in Portimão — photo 5 of 5

Detached house in Monte Canelas, Mexilhoeira Grande

Portimão · Western Algarve · Ref BF-34682 Source verified · IAD Portugal · listed 2 Jun 2026
Asking price · Freehold
$538,043
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
120 m²
Land
517 m²
True net yield
18.0%
≈ $14,644/mo net after costs & tax
Brixfox Score 89 · A+

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Portimão

Western Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Year built: 2025
Energy: A+
Condition: excellent

Description

Monte Canelas: A Customizable Modern Home in the Algarve Your Dream Villa in a Prime Location Discover a unique opportunity to own a home in one of the most desirable areas of the Algarve. Monte Canelas offers the perfect balance between tranquility and accessibility, situated in a peaceful, modern urbanization just

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)
$787/night
50% ($362)Brixfox estimate($787/night)200% ($1449)
Occupancy
77%
10%Brixfox estimate(77%)100%

Short-Term Rental

Yearly income
$105,925
Airbnb data$787/night · 77% occupancy
Rental income
$787/night · 77% occ.
$203,702
Running costs (20%)
Utilities, cleaning, maintenance
-$40,740
Income tax (10%)
Indonesian rental income tax
-$57,037
Property tax
Annual property tax
-$0
Net income
19.7% ROI
$105,925

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

18.0%

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
28.4%
25.5%
Fully-managed
20.9%
18.0%
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

32.9%

Annual Revenue

$203,702

Income Tax / yr

$17,824

Payback

6 yrs

True All-In Cost
Asking price$538,043
IMT — transfer tax (non-resident 7.5%)$40,353
Stamp duty (0.8%)$4,304
Notary + registry$2,174
Legal$6,618
Furnishing + STR launch$27,174
All-in cost$618,667

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Portimão.

$7.2M$5.4M$3.6M$1.8M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x 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.
Paid back
Year 5: 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
$602K
+22%
Rental Income
+$517K
Total Position
$1.1M
+126%
17.7%/yr
Year 10
Capital Value
$733K
+48%
Rental Income
+$1.1M
Total Position
$1.8M
+274%
14.1%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$2.6M
Total Position
$3.7M
+648%
10.6%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$4.6M
Total Position
$6.2M
+1161%
8.8%/yr

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
19.7% annual return
Occupancy
Strong
77% average occupancy
Nightly Rate
Strong
$724 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
517 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 19.7% — outperforms most villas in this market
Strong occupancy at 77% — consistent booking demand
Premium nightly rate of $724 — positioned in the top tier

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

57% occ.
21.1%
$9,480/mo
67% occ.
24.9%
$11,157/mo
77% occ.
28.6%
$12,833/mo
current
87% occ.
32.4%
$14,510/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. Market factors in Portugal may impact actual yields.