Penthouse in Avenida Engenheiro João Meireles, 1, Canais do Golfe - Sector 5, Vilamoura, Quarteira
Penthouse in Avenida Engenheiro João Meireles, 1, Canais do Golfe - Sector 5, Vilamoura, Quarteira — image 2Penthouse in Avenida Engenheiro João Meireles, 1, Canais do Golfe - Sector 5, Vilamoura, Quarteira — image 3Penthouse in Avenida Engenheiro João Meireles, 1, Canais do Golfe - Sector 5, Vilamoura, Quarteira — image 4Penthouse in Avenida Engenheiro João Meireles, 1, Canais do Golfe - Sector 5, Vilamoura, Quarteira — image 5
Grade Bapartmentluxury

Penthouse in Avenida Engenheiro João Meireles, 1, Canais do Golfe - Sector 5, Vilamoura, Quarteira

Loulé/Vilamoura · Golden Triangle ·

€2.4M

Asking Price (EUR)

1.8%

True Net Yield (Owner, all-in)

1.3%

True Net Yield (Managed, all-in)

2.8%

True Gross Yield

42%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.6 months ago and is currently at 14% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €74,863/yr
Average Daily Rate: €489
+23.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Luxury finish (+8%)
Payback Period: 39.5 years
5-yr Capital Value: €3.2M
10-yr Capital Value: €3.8M
Brixfox Score: 58.7 / 100
Comparable Properties: 33
Data Confidence: 94%
Search Radius: 2 km

True Investment Cost

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

€2.7M

+12.0% over asking

Asking price€2.4M
IMT — Property transfer tax (investment schedule)€180,000
IS — Stamp duty (0.8%)€19,200
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€36,000
Total acquisition costs€236,450
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€51,300
All-in investment (incl. renovation & furnishing)€2.7M

Gross yield (asking price)

3.1%

True gross yield (all-in)

2.8%

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: 3
Bathrooms: 4
Building: 163 m²
Style: modern
Condition: excellent
Energy Certificate: A+
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

wooden deckminimalist sun loungersslatted side table

Score Breakdown

ROI
10.62
Visual Appeal
14.2
Ownership Security
13
Location
8.4
Land & Space
5.26
Rental Demand
4.19
Payback Speed
0
STR Suitability
3

Description

In one of Vilamoura's most exclusive residential settings, a low-density private condominium is born, comprising just 22 apartments of T2, T3, and T4 typologies. It is designed for an audience that values location, discretion, and construction quality, assured by a developer with over 40 years of experience in the regi

Location

📍 37.0842°N, 8.1196°W

· Loulé/Vilamoura, Algarve, Portugal

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Loulé/Vilamoura / Golden Triangle

Penthouse in Avenida Engenheiro João Meireles, 1, Canais do Golfe - Sector 5, Vilamoura, Quarteira

Inventory
3 Beds
Bathrooms
4 Baths
Built Area
163 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 2.0% net return annually.

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The Investment

Brixfox Score59
GradeB
Brixfox Intelligence
59BStrong
Score Breakdown
ROI & Yield65%
Capital Growth62%
Risk Profile61%
Market Demand59%

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
+8.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+6.1%
+$737K in 5yr (+31%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.0%
$4,381/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
49.6 yr
Rental only

Property details

Energy: A+
Condition: excellent

Description

In one of Vilamoura's most exclusive residential settings, a low-density private condominium is born, comprising just 22 apartments of T2, T3, and T4 typologies. It is designed for an audience that values location, discretion, and construction quality, assured by a developer with over 40 years of experience in the regi

Income Breakdown

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Nightly Rate (ADR)
$718/night
50% ($330)Brixfox estimate($718/night)200% ($1321)
Occupancy
42%
10%Brixfox estimate(42%)100%

Short-Term Rental

Yearly income
$52,569
Airbnb data$718/night · 42% occupancy
Rental income
$718/night · 42% occ.
$109,873
Running costs (20%)
Utilities, cleaning, maintenance
-$21,975
Income tax (10%)
Indonesian rental income tax
-$30,764
Property tax
Annual property tax
-$4,565
Net income
2.0% ROI
$52,569

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$2,608,696
IMT (transfer tax, investment schedule)$195,652
Imposto de Selo (stamp duty)$20,870
Notary & registration$1,359
Legal / due diligence$39,130
Total acquisition costs$257,011
RenovationMove-in ready
Furnishing & STR launch
3bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$55,761
All-in investment$2,921,467

Gross yield (asking)

4.2%

True gross yield (all-in)

3.8%

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 Loulé/Vilamoura.

$11.6M$8.7M$5.8M$2.9M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $2.4M
Capital appreciation
Property value growing at +4%/yr based on Loulé/Vilamoura 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
$2.9M
+22%
Rental Income
+$257K
Total Position
$3.2M
+32%
5.8%/yr
Year 10
Capital Value
$3.6M
+48%
Rental Income
+$554K
Total Position
$4.1M
+71%
5.5%/yr
Year 20
Capital Value
$5.3M
+119%
Rental Income
+$1.3M
Total Position
$6.6M
+173%
5.2%/yr
Year 30
Capital Value
$7.8M
+224%
Rental Income
+$2.3M
Total Position
$10.1M
+320%
4.9%/yr

Location

Loulé/Vilamoura

Golden Triangle, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.0% annual return
Occupancy
Weak
42% average occupancy
Nightly Rate
Strong
$661 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $661 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 2.0% 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.
1.9%
$4,206/mo
40% occ.
2.6%
$5,735/mo
42% occ.
2.8%
$6,029/mo
current
52% occ.
3.5%
$7,558/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.