T1 flat in Figueira, Mexilhoeira Grande
T1 flat in Figueira, Mexilhoeira Grande — image 2T1 flat in Figueira, Mexilhoeira Grande — image 3T1 flat in Figueira, Mexilhoeira Grande — image 4T1 flat in Figueira, Mexilhoeira Grande — image 5
Grade Bapartmentbudget

T1 flat in Figueira, Mexilhoeira Grande

Portimão · Western Algarve ·

€210,000

Asking Price (EUR)

2.4%

True Net Yield (Owner, all-in)

1.7%

True Net Yield (Managed, all-in)

3.7%

True Gross Yield

42%

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: €10,148/yr
Average Daily Rate: €66
Payback Period: 25.9 years
5-yr Capital Value: €275,937
10-yr Capital Value: €335,719
Brixfox Score: 56.2 / 100
Comparable Properties: 9
Data Confidence: 61%
Search Radius: 4 km

True Investment Cost

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

€270,677

+28.9% over asking

Asking price€210,000
IMT — Property transfer tax (investment schedule)€5,697
IS — Stamp duty (0.8%)€1,680
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,150
Total acquisition costs€11,777
Renovation (est. €350/m² × 94 m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		€32,900
(€23,500–€42,300)
Furnishing & STR launch (1bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€16,000
All-in investment (incl. renovation & furnishing)€270,677

Gross yield (asking price)

4.8%

True gross yield (all-in)

3.7%

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: 1
Bathrooms: 1
Building: 94 m²
Style: dated
Condition: fair
Year Built: 2015
Energy Certificate: C
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
13.73
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
3.88
Rental Demand
4.23
Payback Speed
0
STR Suitability
3

Description

1 bedroom apartment in Portimão - Algarve One-bedroom apartment located near the Autódromo Internacional do Algarve, in a gated community with swimming pool, part of a quality tourist development. The property has a large, bright living room, a fully equipped kitchen and is fully furnished and equipped, ready to move

Location

📍 37.1775°N, 8.6063°W

· Portimão, Algarve, Portugal

View on Mais Consultores Plaza →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

T1 flat in Figueira, Mexilhoeira Grande

Inventory
1 Beds
Bathrooms
1 Baths
Built Area
94 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 3.2% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score56
GradeB
Brixfox Intelligence
56BStrong
Score Breakdown
ROI & Yield62%
Capital Growth59%
Risk Profile58%
Market Demand56%

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
+8.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$52K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
3.2%
$602/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
11 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
31.6 yr
Rental only

Property details

Year built: 2015
Energy: C
Condition: fair

Description

1 bedroom apartment in Portimão - Algarve One-bedroom apartment located near the Autódromo Internacional do Algarve, in a gated community with swimming pool, part of a quality tourist development. The property has a large, bright living room, a fully equipped kitchen and is fully furnished and equipped, ready to move

Income Breakdown

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Nightly Rate (ADR)
$95/night
50% ($44)Brixfox estimate($95/night)200% ($175)
Occupancy
42%
10%Brixfox estimate(42%)100%

Short-Term Rental

Yearly income
$7,228
Airbnb data$95/night · 42% occupancy
Rental income
$95/night · 42% occ.
$14,667
Running costs (20%)
Utilities, cleaning, maintenance
-$2,933
Income tax (10%)
Indonesian rental income tax
-$4,107
Property tax
Annual property tax
-$399
Net income
3.2% ROI
$7,228

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$228,261
IMT (transfer tax, investment schedule)$6,192
Imposto de Selo (stamp duty)$1,826
Notary & registration$1,359
Legal / due diligence$3,424
Total acquisition costs$12,801
Renovation (~$380/m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		$35,761
($25,543–$45,978)
Furnishing & STR launch
1bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$17,391
All-in investment$294,214

Gross yield (asking)

6.4%

True gross yield (all-in)

5.0%

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.

$1.1M$860K$574K$287K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $210K
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 23: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$255K
+22%
Rental Income
+$35K
Total Position
$291K
+38%
6.7%/yr
Year 10
Capital Value
$311K
+48%
Rental Income
+$76K
Total Position
$387K
+84%
6.3%/yr
Year 20
Capital Value
$460K
+119%
Rental Income
+$179K
Total Position
$639K
+204%
5.7%/yr
Year 30
Capital Value
$681K
+224%
Rental Income
+$316K
Total Position
$997K
+375%
5.3%/yr

Location

Portimão

Western Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
3.2% annual return
Occupancy
Weak
42% average occupancy
Nightly Rate
Average
$87 per night
Visual Appeal
Average
4/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 3.2% is near the market average — model your cashflow carefully

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
3.0%
$573/mo
40% occ.
4.1%
$776/mo
42% occ.
4.3%
$822/mo
current
52% occ.
5.4%
$1,025/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.