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+villaluxury

Detached house in Monte Canelas, Mexilhoeira Grande

Portimão · Western Algarve ·

€790,000

Asking Price (EUR)

10.4%

True Net Yield (Owner, all-in)

7.2%

True Net Yield (Managed, all-in)

16.0%

True Gross Yield

66%

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: €148,031/yr
Average Daily Rate: 612
+33.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%), Luxury finish (+8%)
Payback Period: 6.7 years
5-yr Capital Value: €1.0M
10-yr Capital Value: €1.3M
Brixfox Score: 86 / 100
Comparable Properties: 4
Data Confidence: 53%
Search Radius: 6 km

True Investment Cost

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

€927,820

+17.4% over asking

Asking price€790,000
IMT — Property transfer tax (investment schedule)€47,400
IS — Stamp duty (0.8%)€6,320
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€11,850
Total acquisition costs€66,820
Renovation€0 — move-in ready
Furnishing & STR launch (5bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€71,000
All-in investment (incl. renovation & furnishing)€927,820

Gross yield (asking price)

18.7%

True gross yield (all-in)

16.0%

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: 5
Bathrooms: 3
Building: 250
Land: 517
Style: modern
Condition: new-build
Energy Certificate: A+
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large glass sliding doorscantilevered balconyintegrated carportpergola

Score Breakdown

ROI
25
Visual Appeal
14.2
Ownership Security
13
Location
8.4
Land & Space
10.76
Rental Demand
6.62
Payback Speed
5
STR Suitability
3

Description

This turnkey villa is situated in the peaceful modern urbanization of Monte Canelas, between the towns of Portimão and Lagos and is just a 15-minute drive from pristine beaches. The property sits on a spacious plot, with a 250m² construction area ready to be transformed into your new home, providing a prestigious lifes

Location

📍 37.2049°N, 8.5946°W

· Portimão, Algarve, Portugal

Idealista.pt
Portimão / Western Algarve

Detached house in Monte Canelas, Mexilhoeira Grande

Inventory
5 Beds
Bathrooms
3 Baths
Built Area
250 m²
Land Plot
517 m²
Tenure
Freehold
Yield Curve Status

Grade A+ investment — short-term rental yields 12.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score86
GradeA+
Brixfox Intelligence
86A+Excellent
Score Breakdown
ROI & Yield95%
Capital Growth90%
Risk Profile87%
Market Demand86%

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
+17.7%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$194K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
12.8%
$9,150/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
6 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
7.8 yr
Rental only

Property details

Energy: A+
Condition: new-build

Description

This turnkey villa is situated in the peaceful modern urbanization of Monte Canelas, between the towns of Portimão and Lagos and is just a 15-minute drive from pristine beaches. The property sits on a spacious plot, with a 250m² construction area ready to be transformed into your new home, providing a prestigious lifes

Income Breakdown

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Nightly Rate (ADR)
$885/night
50% ($407)Brixfox estimate($885/night)200% ($1629)
Occupancy
66%
10%Brixfox estimate(66%)100%

Short-Term Rental

Yearly income
$109,799
Airbnb data$885/night · 66% occupancy
Rental income
$885/night · 66% occ.
$214,041
Running costs (20%)
Utilities, cleaning, maintenance
-$42,808
Income tax (10%)
Indonesian rental income tax
-$59,932
Property tax
Annual property tax
-$1,503
Net income
12.8% ROI
$109,799

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$858,696
IMT (transfer tax, investment schedule)$51,522
Imposto de Selo (stamp duty)$6,870
Notary & registration$1,359
Legal / due diligence$12,880
Total acquisition costs$72,630
RenovationMove-in ready
Furnishing & STR launch
5bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.
$75,000
All-in investment$1,006,326

Gross yield (asking)

24.9%

True gross yield (all-in)

21.3%

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.

$8.5M$6.4M$4.2M$2.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $790K
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 8: rental income alone has repaid the full purchase price.
2x return
Year 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$961K
+22%
Rental Income
+$536K
Total Position
$1.5M
+90%
13.6%/yr
Year 10
Capital Value
$1.2M
+48%
Rental Income
+$1.2M
Total Position
$2.3M
+195%
11.4%/yr
Year 20
Capital Value
$1.7M
+119%
Rental Income
+$2.7M
Total Position
$4.4M
+463%
9.0%/yr
Year 30
Capital Value
$2.6M
+224%
Rental Income
+$4.8M
Total Position
$7.4M
+833%
7.7%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
12.8% annual return
Occupancy
Good
66% average occupancy
Nightly Rate
Strong
$814 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Strong
517 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 12.8% — outperforms most villas in this market
Premium nightly rate of $814 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates

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

46% occ.
12.0%
$8,591/mo
56% occ.
14.6%
$10,476/mo
66% occ.
17.3%
$12,361/mo
current
76% occ.
19.9%
$14,246/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.