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 ·

€749,000

Asking Price (EUR)

8.9%

True Net Yield (Owner, all-in)

6.2%

True Net Yield (Managed, all-in)

13.7%

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: €116,137/yr
Average Daily Rate: €477
Payback Period: 7.0 years
5-yr Capital Value: €984,175
10-yr Capital Value: €1.2M
Brixfox Score: 84.1 / 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.

€847,117

+13.1% over asking

Asking price€749,000
IMT — Property transfer tax (investment schedule)€44,940
IS — Stamp duty (0.8%)€5,992
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€11,235
Total acquisition costs€63,417
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)€847,117

Gross yield (asking price)

15.5%

True gross yield (all-in)

13.7%

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: 3
Bathrooms: 3
Building: 315 m²
Land: 1130 m²
Style: contemporary
Condition: excellent
Year Built: 2013
Energy Certificate: C
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

open-plan kitchen/diningexposed ceiling beamsprivate swimming poolstone accent walls

Score Breakdown

ROI
25
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
7.74
Payback Speed
5
STR Suitability
3

Description

This two-floor villa with stunning views is located in an urbanization on the outskirts of Portimão that prides itself on its serenity and tranquility, just 15 minutes from Alvor and the center of Portimão. This amazing villa with a wonderful garden and a large covered patio, equipped with a barbecue next to the pool,

Location

📍 37.2038°N, 8.5893°W

· Portimão, Algarve, Portugal

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

Detached house in Monte Canelas, Mexilhoeira Grande

Inventory
3 Beds
Bathrooms
3 Baths
Built Area
315 m²
Land Plot
1130 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 12.3% 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
+17.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$184K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
12.3%
$8,320/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
8.2 yr
Rental only

Property details

Year built: 2013
Energy: C
Condition: excellent

Description

This two-floor villa with stunning views is located in an urbanization on the outskirts of Portimão that prides itself on its serenity and tranquility, just 15 minutes from Alvor and the center of Portimão. This amazing villa with a wonderful garden and a large covered patio, equipped with a barbecue next to the pool,

Income Breakdown

Adjust Forecast

Customize your projections
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
$99,844
Airbnb data$690/night · 77% occupancy
Rental income
$690/night · 77% occ.
$194,747
Running costs (20%)
Utilities, cleaning, maintenance
-$38,949
Income tax (10%)
Indonesian rental income tax
-$54,529
Property tax
Annual property tax
-$1,425
Net income
12.3% ROI
$99,844

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$814,130
IMT (transfer tax, investment schedule)$48,848
Imposto de Selo (stamp duty)$6,513
Notary & registration$1,359
Legal / due diligence$12,212
Total acquisition costs$68,932
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$35,543
All-in investment$918,605

Gross yield (asking)

23.9%

True gross yield (all-in)

21.2%

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.

$7.8M$5.9M$3.9M$2.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $749K
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
$911K
+22%
Rental Income
+$488K
Total Position
$1.4M
+87%
13.3%/yr
Year 10
Capital Value
$1.1M
+48%
Rental Income
+$1.1M
Total Position
$2.2M
+189%
11.2%/yr
Year 20
Capital Value
$1.6M
+119%
Rental Income
+$2.5M
Total Position
$4.1M
+449%
8.9%/yr
Year 30
Capital Value
$2.4M
+224%
Rental Income
+$4.4M
Total Position
$6.8M
+808%
7.6%/yr

Location

Portimão

Western Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

No nearby Airbnb listings found

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
12.3% annual return
Occupancy
Strong
77% average occupancy
Nightly Rate
Strong
$634 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
1130 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 12.3% — 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.
12.2%
$8,305/mo
67% occ.
14.4%
$9,773/mo
77% occ.
16.6%
$11,241/mo
current
87% occ.
18.7%
$12,710/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.