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 Avillamid-range

Detached house in Monte Canelas, Mexilhoeira Grande

Portimão · Western Algarve ·

€790,000

Asking Price (EUR)

8.7%

True Net Yield (Owner, all-in)

6.0%

True Net Yield (Managed, all-in)

13.4%

True Gross Yield

67%

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: €122,116/yr
Average Daily Rate: €501
+5.0% vs area baselinePortuguese-traditional style (+5%), Has pool (0%)
Payback Period: 7.8 years
5-yr Capital Value: €1.0M
10-yr Capital Value: €1.3M
Brixfox Score: 84.3 / 100
Comparable Properties: 4
Data Confidence: 66%
Search Radius: 4 km

True Investment Cost

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

€910,440

+15.2% 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 (est. €55/m² × 344 m²)
Light touch-ups — paint, fixtures, deep clean.		€18,920
(€10,320–€27,520)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€34,700
All-in investment (incl. renovation & furnishing)€910,440

Gross yield (asking price)

15.5%

True gross yield (all-in)

13.4%

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: 1
Building: 344 m²
Land: 540 m²
Style: portuguese-traditional
Condition: good
Year Built: 1999
Energy Certificate: D
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

pink exterior facadebalcony with balustradefireplace with stone surround

Score Breakdown

ROI
25
Visual Appeal
12.8
Ownership Security
13
Location
8.4
Land & Space
10.09
Rental Demand
6.96
Payback Speed
5
STR Suitability
3

Description

Exclusive: Detached villa with 4 bedrooms + studio, swimming pool and large garage. Located in a quiet residential area, this single-storey villa impresses with its brightness, authentic Portuguese charm and magnificent south-facing orientation, which offers breathtaking views over the countryside. Main features: -

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

View on eXp Global Portugal →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

Detached house in Monte Canelas, Mexilhoeira Grande

Inventory
3 Beds
Bathrooms
1 Baths
Built Area
344 m²
Land Plot
540 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 11.0% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score84
GradeA
Brixfox Intelligence
84AExcellent
Score Breakdown
ROI & Yield92%
Capital Growth88%
Risk Profile85%
Market Demand84%

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
+15.9%
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
11.0%
$7,848/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
9.1 yr
Rental only

Property details

Year built: 1999
Energy: D
Condition: good

Description

Exclusive: Detached villa with 4 bedrooms + studio, swimming pool and large garage. Located in a quiet residential area, this single-storey villa impresses with its brightness, authentic Portuguese charm and magnificent south-facing orientation, which offers breathtaking views over the countryside. Main features: -

Income Breakdown

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Customize your projections
Nightly Rate (ADR)
$724/night
50% ($333)Brixfox estimate($724/night)200% ($1333)
Occupancy
70%
10%Brixfox estimate(70%)100%

Short-Term Rental

Yearly income
$94,180
Airbnb data$724/night · 70% occupancy
Rental income
$724/night · 70% occ.
$184,005
Running costs (20%)
Utilities, cleaning, maintenance
-$36,801
Income tax (10%)
Indonesian rental income tax
-$51,522
Property tax
Annual property tax
-$1,503
Net income
11.0% ROI
$94,180

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
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$20,565
($11,217–$29,913)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$35,543
All-in investment$987,435

Gross yield (asking)

21.4%

True gross yield (all-in)

18.6%

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.

$7.7M$5.8M$3.8M$1.9M$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 9: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$961K
+22%
Rental Income
+$460K
Total Position
$1.4M
+80%
12.5%/yr
Year 10
Capital Value
$1.2M
+48%
Rental Income
+$993K
Total Position
$2.2M
+174%
10.6%/yr
Year 20
Capital Value
$1.7M
+119%
Rental Income
+$2.3M
Total Position
$4.1M
+414%
8.5%/yr
Year 30
Capital Value
$2.6M
+224%
Rental Income
+$4.1M
Total Position
$6.7M
+746%
7.4%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
11.0% annual return
Occupancy
Good
70% average occupancy
Nightly Rate
Strong
$666 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
540 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 11.0% — outperforms most villas in this market
Premium nightly rate of $666 — positioned in the top tier
Generous 540 m² land — room for expansion or amenities

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

50% occ.
10.5%
$7,525/mo
60% occ.
12.7%
$9,067/mo
70% occ.
14.8%
$10,608/mo
current
80% occ.
17.0%
$12,150/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.