House in Monte Canelas, Mexilhoeira Grande
Portimão · Western Algarve ·
€790,000
Asking Price (EUR)
7.8%
True Net Yield (Owner, all-in)
5.4%
True Net Yield (Managed, all-in)
12.0%
True Gross Yield
64%
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.
€902,220
+14.2% over asking
| Asking price | €790,000 |
| IMT — Property transfer tax (investment schedule) | €47,400 |
| IS — Stamp duty (0.8%) | €6,320 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €11,850 |
| Total acquisition costs | €66,820 |
| Renovation | €0 — move-in ready |
| Furnishing & STR launch (5bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €45,400 |
| All-in investment (incl. renovation & furnishing) | €902,220 |
Gross yield (asking price)
13.7%
True gross yield (all-in)
12.0%
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
Off plan 4+1 bedroom luxury villa in a tranquil country suburb between Lagos and Portimao • Living area approx. 200m², Construction area 255m² • Plot size 517m² • Build time approx. 10 months • 4+1 bedrooms • 3 Bathrooms, (1 en-suite) • Use of advanced building materials • Distance from beach 13km This approved, off
Location
📍 37.2055°N, 8.5941°W
· Portimão, Algarve, Portugal