Detached house in Rua do Tomilho, Monte Canelas, Mexilhoeira Grande
Detached house in Rua do Tomilho, Monte Canelas, Mexilhoeira Grande — image 2Detached house in Rua do Tomilho, Monte Canelas, Mexilhoeira Grande — image 3Detached house in Rua do Tomilho, Monte Canelas, Mexilhoeira Grande — image 4Detached house in Rua do Tomilho, Monte Canelas, Mexilhoeira Grande — image 5
Grade A+villaluxury

Detached house in Rua do Tomilho, Monte Canelas, Mexilhoeira Grande

Portimão · Western Algarve ·

€980,000

Asking Price (EUR)

7.7%

True Net Yield (Owner, all-in)

5.3%

True Net Yield (Managed, all-in)

11.8%

True Gross Yield

63%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.2 months ago and is currently at 10% 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: €133,228/yr
Average Daily Rate: 583
+36.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Has countryside (+10%), Luxury finish (+8%)
Payback Period: 8.9 years
5-yr Capital Value: €1.3M
10-yr Capital Value: €1.6M
Brixfox Score: 85.3 / 100
Comparable Properties: 3
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

+14.8% over asking

Asking price€980,000
IMT — Property transfer tax (investment schedule)€58,800
IS — Stamp duty (0.8%)€7,840
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€14,700
Total acquisition costs€82,590
Renovation€0 — move-in ready
Furnishing & STR launch (4bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€62,150
All-in investment (incl. renovation & furnishing)€1.1M

Gross yield (asking price)

13.6%

True gross yield (all-in)

11.8%

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: 4
Bathrooms: 5
Building: 300
Land: 555
Style: modern
Condition: excellent
Year Built: 2022
Energy Certificate: A
Private Pool
countryside

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

infinity-edge poollarge sliding glass doorsopen-plan livingmodern minimalist kitchenspacious outdoor deck

Score Breakdown

ROI
24.56
Visual Appeal
15.6
Ownership Security
13
Location
8.4
Land & Space
10.47
Rental Demand
6.26
Payback Speed
4
STR Suitability
3

Description

Sublime Recently Built Independent Villa located in the Tranquil Urbanization of Monte Canelas, a few minutes from Portimão and Lagos and from the accesses to the A22 motorway and the Algarve International Autodrome. On the exterior, you will find a Mediterranean Garden, Heated Pool, Jacuzzi, and a fantastic leisure area where you can enjoy the Beauty and Tranquility of the Landscape and have your meals. On the Ground Floor, we have an Entrance Hall, Living and Dining Room with a view of the Poo

Location

📍 37.2061°N, 8.5934°W

· Portimão, Algarve, Portugal

Idealista.pt
Portimão / Western Algarve

Detached house in Rua do Tomilho, Monte Canelas, Mexilhoeira Grande

Inventory
4 Beds
Bathrooms
5 Baths
Built Area
300 m²
Land Plot
555 m²
Tenure
Freehold
Yield Curve Status

Grade A+ investment — short-term rental yields 9.5% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score85
GradeA+
Brixfox Intelligence
85A+Excellent
Score Breakdown
ROI & Yield94%
Capital Growth89%
Risk Profile86%
Market Demand85%

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
+14.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$241K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
9.5%
$8,441/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
10.5 yr
Rental only

Property details

Year built: 2022
Energy: A
Condition: excellent
View: countryside

Description

Sublime Recently Built Independent Villa located in the Tranquil Urbanization of Monte Canelas, a few minutes from Portimão and Lagos and from the accesses to the A22 motorway and the Algarve International Autodrome. On the exterior, you will find a Mediterranean Garden, Heated Pool, Jacuzzi, and a fantastic leisure area where you can enjoy the Beauty and Tranquility of the Landscape and have your meals. On the Ground Floor, we have an Entrance Hall, Living and Dining Room with a view of the Poo

Income Breakdown

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Nightly Rate (ADR)
$869/night
50% ($400)Brixfox estimate($869/night)200% ($1598)
Occupancy
63%
10%Brixfox estimate(63%)100%

Short-Term Rental

Yearly income
$101,293
Airbnb data$869/night · 63% occupancy
Rental income
$869/night · 63% occ.
$198,379
Running costs (20%)
Utilities, cleaning, maintenance
-$39,676
Income tax (10%)
Indonesian rental income tax
-$55,546
Property tax
Annual property tax
-$1,864
Net income
9.5% ROI
$101,293

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$1,065,217
IMT (transfer tax, investment schedule)$63,913
Imposto de Selo (stamp duty)$8,522
Notary & registration$1,359
Legal / due diligence$15,978
Total acquisition costs$89,772
RenovationMove-in ready
Furnishing & STR launch
4bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.
$65,380
All-in investment$1,220,370

Gross yield (asking)

18.6%

True gross yield (all-in)

16.3%

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.

$8.8M$6.6M$4.4M$2.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $980K
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
+$495K
Total Position
$1.7M
+72%
11.5%/yr
Year 10
Capital Value
$1.5M
+48%
Rental Income
+$1.1M
Total Position
$2.5M
+157%
9.9%/yr
Year 20
Capital Value
$2.1M
+119%
Rental Income
+$2.5M
Total Position
$4.7M
+375%
8.1%/yr
Year 30
Capital Value
$3.2M
+224%
Rental Income
+$4.4M
Total Position
$7.6M
+677%
7.1%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.5% annual return
Occupancy
Good
63% average occupancy
Nightly Rate
Strong
$799 per night
Visual Appeal
Strong
9/10 instagrammability
Size & Space
Strong
555 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.5% — outperforms most villas in this market
Premium nightly rate of $799 — positioned in the top tier
Stunning visuals with 9/10 instagrammability — commands premium nightly rates

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

43% occ.
8.7%
$7,717/mo
53% occ.
10.8%
$9,567/mo
63% occ.
12.9%
$11,416/mo
current
73% occ.
14.9%
$13,266/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.