House in Figueira, Mexilhoeira Grande
House in Figueira, Mexilhoeira Grande — image 2House in Figueira, Mexilhoeira Grande — image 3House in Figueira, Mexilhoeira Grande — image 4House in Figueira, Mexilhoeira Grande — image 5
Grade Bvillaluxury

House in Figueira, Mexilhoeira Grande

Portimão · Western Algarve ·

€349,000

Asking Price (EUR)

1.6%

True Net Yield (Owner, all-in)

1.1%

True Net Yield (Managed, all-in)

2.5%

True Gross Yield

35%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.3 months ago and is currently at 11% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.73, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €10,124/yr
Average Daily Rate: €79
+26.0% vs area baselineImage quality 8/10 (+3%), Portuguese-traditional style (+5%), Has pool (0%), Has view (+10%), Luxury finish (+8%)
Payback Period: 42.0 years
5-yr Capital Value: €458,581
10-yr Capital Value: €557,934
Brixfox Score: 61.5 / 100
Comparable Properties: 9
Data Confidence: 66%
Search Radius: 3 km

True Investment Cost

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

€409,627

+17.4% over asking

Asking price€349,000
IMT — Property transfer tax (investment schedule)€15,750
IS — Stamp duty (0.8%)€2,792
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,235
Total acquisition costs€25,027
Renovation€0 — move-in ready
Furnishing & STR launch (1bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€35,600
All-in investment (incl. renovation & furnishing)€409,627

Gross yield (asking price)

2.9%

True gross yield (all-in)

2.5%

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: 29 m²
Land: 36259 m²
Style: portuguese-traditional
Condition: excellent
Energy Certificate: Exempt
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

expansive outdoor decking with integrated hot tubpanoramic rural and distant sea viewssecluded setting amidst natural landscape

Score Breakdown

ROI
10.41
Visual Appeal
11.2
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
3.5
Payback Speed
0
STR Suitability
3

Description

This remarkable property consists of 3.6 hectares of land and includes an urban article of 29.35 sqm, offering outstanding potential for residential and tourism development. According to architectural guidance and subject to project approval, in accordance with Art. º 56-E of the PDM of Portimão, it is possible to deve

Location

📍 37.1668°N, 8.6007°W

· Portimão, Algarve, Portugal

View on MIKASA Investimentos Imobiliárias →Also on Idealista.pt
Idealista.pt
Portimão / Western Algarve

House in Figueira, Mexilhoeira Grande

Inventory
1 Beds
Bathrooms
1 Baths
Built Area
29 m²
Land Plot
36259 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 1.9% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score62
GradeB
Brixfox Intelligence
62BStrong
Score Breakdown
ROI & Yield68%
Capital Growth65%
Risk Profile64%
Market Demand62%

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
+6.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$86K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
1.9%
$596/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
13 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
53.1 yr
Rental only

Property details

Energy: Exempt
Condition: excellent

Description

This remarkable property consists of 3.6 hectares of land and includes an urban article of 29.35 sqm, offering outstanding potential for residential and tourism development. According to architectural guidance and subject to project approval, in accordance with Art. º 56-E of the PDM of Portimão, it is possible to deve

Income Breakdown

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Nightly Rate (ADR)
$118/night
50% ($54)Brixfox estimate($118/night)200% ($217)
Occupancy
35%
10%Brixfox estimate(35%)100%

Short-Term Rental

Yearly income
$7,150
Airbnb data$118/night · 35% occupancy
Rental income
$118/night · 35% occ.
$15,026
Running costs (20%)
Utilities, cleaning, maintenance
-$3,005
Income tax (10%)
Indonesian rental income tax
-$4,207
Property tax
Annual property tax
-$664
Net income
1.9% ROI
$7,150

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$379,348
IMT (transfer tax, investment schedule)$17,120
Imposto de Selo (stamp duty)$3,035
Notary & registration$1,359
Legal / due diligence$5,690
Total acquisition costs$27,203
RenovationMove-in ready
Furnishing & STR launch
1bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$36,522
All-in investment$443,073

Gross yield (asking)

4.0%

True gross yield (all-in)

3.4%

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.

$1.7M$1.2M$831K$415K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $349K
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.
2x return
Year 14: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$425K
+22%
Rental Income
+$35K
Total Position
$460K
+32%
5.7%/yr
Year 10
Capital Value
$517K
+48%
Rental Income
+$75K
Total Position
$592K
+70%
5.4%/yr
Year 20
Capital Value
$765K
+119%
Rental Income
+$177K
Total Position
$941K
+170%
5.1%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$313K
Total Position
$1.4M
+314%
4.8%/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
Weak
1.9% annual return
Occupancy
Weak
35% average occupancy
Nightly Rate
Average
$108 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Strong
36259 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Generous 36259 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
Yield of 1.9% is below 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.
2.2%
$696/mo
40% occ.
3.0%
$947/mo
35% occ.
2.6%
$821/mo
current
45% occ.
3.4%
$1,072/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.