Detached house in Monte Canelas, Mexilhoeira Grande
Portimão · Western Algarve ·
€645,000
Asking Price (EUR)
9.6%
True Net Yield (Owner, all-in)
6.6%
True Net Yield (Managed, all-in)
14.8%
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.
€744,605
+15.4% over asking
| Asking price | €645,000 |
| IMT — Property transfer tax (investment schedule) | €38,700 |
| IS — Stamp duty (0.8%) | €5,160 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €9,675 |
| Total acquisition costs | €54,785 |
| Renovation (est. €55/m² × 184 m²) Light touch-ups — paint, fixtures, deep clean. | €10,120 (€5,520–€14,720) |
| Furnishing & STR launch (3bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €34,700 |
| All-in investment (incl. renovation & furnishing) | €744,605 |
Gross yield (asking price)
17.1%
True gross yield (all-in)
14.8%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
Score Breakdown
Description
Contemporary architectural villa with an area of 185 m2, spread over a single floor, located on a plot of land measuring 865 m2, with swimming pool, garden and garage, whose construction dates back to 2004. Located in a prestigious housing development, Urb. Monte Canelas is 10 minutes from Portimão and the town of Alvo
Location
📍 37.2033°N, 8.5906°W
· Portimão, Algarve, Portugal