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 B+villabudget

Detached house in Monte Canelas, Mexilhoeira Grande

Portimão · Western Algarve ·

€1.1M

Asking Price (EUR)

4.1%

True Net Yield (Owner, all-in)

2.8%

True Net Yield (Managed, all-in)

6.3%

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: €78,695/yr
Average Daily Rate: 323
-15.0% vs area baselineImage quality 5/10 (-6%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 16.4 years
5-yr Capital Value: €1.4M
10-yr Capital Value: €1.8M
Brixfox Score: 70.1 / 100
Comparable Properties: 6
Data Confidence: 59%
Search Radius: 6 km

True Investment Cost

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

€1.3M

+14.3% over asking

Asking price€1.1M
IMT — Property transfer tax (investment schedule)€66,000
IS — Stamp duty (0.8%)€8,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€16,500
Total acquisition costs€92,550
Renovation (est. €350/m² × 132)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.
€46,200
(€33,000€59,400)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€18,850
All-in investment (incl. renovation & furnishing)€1.3M

Gross yield (asking price)

7.2%

True gross yield (all-in)

6.3%

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: 2
Bathrooms: 2
Building: 132
Land: 83500
Style: portuguese-traditional
Condition: fair
Year Built: 2019
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional tiled roofblue and white exterior trim

Score Breakdown

ROI
17.18
Visual Appeal
7.4
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
7.12
Payback Speed
2
STR Suitability
3

Description

In the heart of Mexilhoeira Grande, Portimão, this 8.35-hectare estate offers complete privacy and an intimate connection with nature, just minutes from the Algarve’s most iconic beaches. The highlight is an elegant 132 m² villa, carefully renovated in 2017, preserving its original charm while providing every modern co

Location

📍 37.2049°N, 8.5981°W

· Portimão, Algarve, Portugal

Idealista.pt
Portimão / Western Algarve

Detached house in Monte Canelas, Mexilhoeira Grande

Inventory
2 Beds
Bathrooms
2 Baths
Built Area
132 m²
Land Plot
83500 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 5.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score70
GradeB+
Brixfox Intelligence
70B+Strong
Score Breakdown
ROI & Yield77%
Capital Growth74%
Risk Profile72%
Market Demand70%

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
+10.0%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$271K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.1%
$5,085/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
9 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
19.6 yr
Rental only

Property details

Year built: 2019
Energy: C
Condition: fair

Description

In the heart of Mexilhoeira Grande, Portimão, this 8.35-hectare estate offers complete privacy and an intimate connection with nature, just minutes from the Algarve’s most iconic beaches. The highlight is an elegant 132 m² villa, carefully renovated in 2017, preserving its original charm while providing every modern co

Income Breakdown

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Nightly Rate (ADR)
$467/night
50% ($215)Brixfox estimate($467/night)200% ($859)
Occupancy
71%
10%Brixfox estimate(71%)100%

Short-Term Rental

Yearly income
$61,018
Airbnb data$467/night · 71% occupancy
Rental income
$467/night · 71% occ.
$121,365
Running costs (20%)
Utilities, cleaning, maintenance
-$24,273
Income tax (10%)
Indonesian rental income tax
-$33,982
Property tax
Annual property tax
-$2,092
Net income
5.1% ROI
$61,018

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$1,195,652
IMT (transfer tax, investment schedule)$71,739
Imposto de Selo (stamp duty)$9,565
Notary & registration$1,359
Legal / due diligence$17,935
Total acquisition costs$100,598
Renovation (~$380/m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.
$50,217
($35,870$64,565)
Furnishing & STR launch
2bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.
$18,315
All-in investment$1,364,783

Gross yield (asking)

10.2%

True gross yield (all-in)

8.9%

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.

$7.2M$5.4M$3.6M$1.8M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.1M
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 16: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.3M
+22%
Rental Income
+$298K
Total Position
$1.6M
+49%
8.3%/yr
Year 10
Capital Value
$1.6M
+48%
Rental Income
+$644K
Total Position
$2.3M
+107%
7.5%/yr
Year 20
Capital Value
$2.4M
+119%
Rental Income
+$1.5M
Total Position
$3.9M
+256%
6.6%/yr
Year 30
Capital Value
$3.6M
+224%
Rental Income
+$2.7M
Total Position
$6.2M
+467%
6.0%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.1% annual return
Occupancy
Good
71% average occupancy
Nightly Rate
Strong
$430 per night
Visual Appeal
Average
4/10 instagrammability
Size & Space
Strong
83500 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $430 — positioned in the top tier
Generous 83500 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Visual appeal is below average — photos may not compete well on Airbnb listings

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

51% occ.
4.9%
$4,917/mo
61% occ.
5.9%
$5,911/mo
71% occ.
6.9%
$6,906/mo
current
81% occ.
7.9%
$7,900/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.