Detached house in Monte Canelas, Mexilhoeira Grande
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Grade Avillamid-range

Detached house in Monte Canelas, Mexilhoeira Grande

Portimão · Western Algarve ·

€950,000

Asking Price (EUR)

7.1%

True Net Yield (Owner, all-in)

4.9%

True Net Yield (Managed, all-in)

10.9%

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: €116,161/yr
Average Daily Rate: €477
Payback Period: 8.8 years
5-yr Capital Value: €1.2M
10-yr Capital Value: €1.5M
Brixfox Score: 82.8 / 100
Comparable Properties: 4
Data Confidence: 62%
Search Radius: 3 km

True Investment Cost

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

€1.1M

+12.1% over asking

Asking price€950,000
IMT — Property transfer tax (investment schedule)€57,000
IS — Stamp duty (0.8%)€7,600
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€14,250
Total acquisition costs€80,100
Renovation€0 — move-in ready
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)€1.1M

Gross yield (asking price)

12.2%

True gross yield (all-in)

10.9%

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: 3
Bathrooms: 4
Building: 260 m²
Land: 1100 m²
Style: modern
Condition: new-build
Year Built: 2025
Energy Certificate: A
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large sliding glass doorsopen-plan living/kitchen areaintegrated kitchen appliances

Score Breakdown

ROI
24.66
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
7.74
Payback Speed
4
STR Suitability
3

Description

Exclusive dream home in Monte Canelas, Mexilhoeira Grande – live with space, privacy and comfort in the heart of Portimão. Discover the privilege of living with space, comfort and elegance in a home that redefines the concept of modern housing. This single-family home was designed to offer a superior living experience.

Location

📍 37.2032°N, 8.5917°W

· Portimão, Algarve, Portugal

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

Detached house in Monte Canelas, Mexilhoeira Grande

Inventory
3 Beds
Bathrooms
4 Baths
Built Area
260 m²
Land Plot
1100 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 9.6% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score83
GradeA
Brixfox Intelligence
83AExcellent
Score Breakdown
ROI & Yield91%
Capital Growth87%
Risk Profile84%
Market Demand83%

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
+14.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$234K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
9.6%
$8,291/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
10.4 yr
Rental only

Property details

Year built: 2025
Energy: A
Condition: new-build

Description

Exclusive dream home in Monte Canelas, Mexilhoeira Grande – live with space, privacy and comfort in the heart of Portimão. Discover the privilege of living with space, comfort and elegance in a home that redefines the concept of modern housing. This single-family home was designed to offer a superior living experience.

Income Breakdown

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Nightly Rate (ADR)
$690/night
50% ($317)Brixfox estimate($690/night)200% ($1269)
Occupancy
77%
10%Brixfox estimate(77%)100%

Short-Term Rental

Yearly income
$99,495
Airbnb data$690/night · 77% occupancy
Rental income
$690/night · 77% occ.
$194,812
Running costs (20%)
Utilities, cleaning, maintenance
-$38,962
Income tax (10%)
Indonesian rental income tax
-$54,547
Property tax
Annual property tax
-$1,807
Net income
9.6% ROI
$99,495

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$1,032,609
IMT (transfer tax, investment schedule)$61,957
Imposto de Selo (stamp duty)$8,261
Notary & registration$1,359
Legal / due diligence$15,489
Total acquisition costs$87,065
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$35,543
All-in investment$1,155,217

Gross yield (asking)

18.9%

True gross yield (all-in)

16.9%

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.

$8.6M$6.4M$4.3M$2.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $950K
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 10: 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
$1.2M
+22%
Rental Income
+$486K
Total Position
$1.6M
+73%
11.6%/yr
Year 10
Capital Value
$1.4M
+48%
Rental Income
+$1.0M
Total Position
$2.5M
+158%
10.0%/yr
Year 20
Capital Value
$2.1M
+119%
Rental Income
+$2.5M
Total Position
$4.5M
+378%
8.1%/yr
Year 30
Capital Value
$3.1M
+224%
Rental Income
+$4.4M
Total Position
$7.4M
+683%
7.1%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.6% annual return
Occupancy
Strong
77% average occupancy
Nightly Rate
Strong
$634 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
1100 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.6% — outperforms most villas in this market
Strong occupancy at 77% — consistent booking demand
Premium nightly rate of $634 — 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.
9.6%
$8,277/mo
67% occ.
11.3%
$9,745/mo
77% occ.
13.0%
$11,213/mo
current
87% occ.
14.7%
$12,682/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.