Detached house, Marrocos, Monte Canelas, Mexilhoeira Grande
Portimão · Western Algarve ·
€542,500
Asking Price (EUR)
7.4%
True Net Yield (Owner, all-in)
5.1%
True Net Yield (Managed, all-in)
11.4%
True Gross Yield
60%
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.
-15.0% vs area baselineImage quality 5/10 (-6%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%), Budget finish (-12%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€747,108
+37.7% over asking
| Asking price | €542,500 |
| IMT — Property transfer tax (investment schedule) | €31,230 |
| IS — Stamp duty (0.8%) | €4,340 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €8,138 |
| Total acquisition costs | €44,958 |
| Renovation (est. €900/m² × 149 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €134,100 (€104,300–€163,900) |
| Furnishing & STR launch (4bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €25,550 |
| All-in investment (incl. renovation & furnishing) | €747,108 |
Gross yield (asking price)
15.7%
True gross yield (all-in)
11.4%
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
Ground Floor T4 House on 11,680 m² Land – Mexilhoeira Grande, Portimão We present this excellent ground-floor T4 house, located in the quiet and appreciated area of Mexilhoeira Grande, in Portimão. Set on a vast plot of 11,680 m², this property offers space, privacy, and enormous potential for those seeking quality of
Location
📍 37.1980°N, 8.5881°W
· Portimão, Algarve, Portugal