Detached house, Lote 54 & 106 Serra e Mar, Mexilhoeira Grande, 8500-158, Nn, Serra e Mar, Mexilhoeira Grande
Portimão · Western Algarve ·
€1.9M
Asking Price (EUR)
6.5%
True Net Yield (Owner, all-in)
4.5%
True Net Yield (Managed, all-in)
10.0%
True Gross Yield
66%
Occupancy
Projections — conservative (data maturing)
Our Airbnb calendar dataset started 0.9 months ago and is currently at 7% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.72, occupancy cap 66%) that auto-fades to full fidelity by April 2027.
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€2.2M
+15.4% over asking
| Asking price | €1.9M |
| IMT — Property transfer tax (investment schedule) | €142,500 |
| IS — Stamp duty (0.8%) | €15,200 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €28,500 |
| Total acquisition costs | €187,450 |
| Renovation (est. €55/m² × 444 m²) Light touch-ups — paint, fixtures, deep clean. | €24,420 (€13,320–€35,520) |
| Furnishing & STR launch (6bd × €8000 base, luxury tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €79,850 |
| All-in investment (incl. renovation & furnishing) | €2.2M |
Gross yield (asking price)
11.5%
True gross yield (all-in)
10.0%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
Score Breakdown
Description
Set within the peaceful residential area of Serra e Mar, this exceptional offering comprises two elegant villas on adjoining plots, creating a unique opportunity for extended families, joint investors, or those seeking a home with a separate guest residence. Together, these properties form a private haven surrounded by
Location
📍 37.1886°N, 8.5836°W
· Portimão, Algarve, Portugal