Detached house in Armação de Pêra
Detached house in Armação de Pêra — image 2Detached house in Armação de Pêra — image 3Detached house in Armação de Pêra — image 4Detached house in Armação de Pêra — image 5
Grade Dvillamid-range

Detached house in Armação de Pêra

Silves · Central Algarve ·

€470,000

Asking Price (EUR)

Net yield — free account

True Net Yield (after-tax, all-in)

2.9%

True Gross Yield

36%

Occupancy

Projected Gross Revenue: €15,612/yr
Average Daily Rate: 118
-18.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-20%)
5-yr Capital Value: €544,859
10-yr Capital Value: €631,641
Brixfox Score: 41.4 / 100
Comparable Properties: 8
Data Confidence: 70%
Search Radius: 3 km

True Investment Cost

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

€539,090

+14.7% over asking

Asking price€470,000
IMT — Property transfer tax (investment schedule)€24,900
IS — Stamp duty (0.8%)€3,760
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,050
Total acquisition costs€36,960
Renovation (est. €55/m² × 96)
Light touch-ups — paint, fixtures, deep clean.
€5,280
(€2,880€7,680)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€26,850
All-in investment (incl. renovation & furnishing)€539,090

Gross yield (asking price)

3.3%

True gross yield (all-in)

2.9%

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: 2
Bathrooms: 1
Building: 96
Style: portuguese-traditional
Condition: good
Energy Certificate: B-

AL licence status unconfirmed

No AL licence is on record for this listing. The Algarve has no containment zones, so a new AL registration is normally obtainable — verify with the local câmara municipal before counting on STR income.

Design Features

bright yellow facadetraditional Portuguese architecture

Score Breakdown

ROI
0
Visual Appeal
9.4
Ownership Security
13
Location
8.4
Land & Space
3.92
Rental Demand
3.61
Payback Speed
1
STR Suitability
4

Description

House in Armação de Pêra consisting of basement with living room and bathroom, on the ground floor we have the entrance hall with kitchen in kitchenette and 2 bedrooms, and on the 1st floor a covered terrace where you can explore in the way that is most convenient for you. Close to all services, market, CTT, banks, re

Location

📍 37.1000°N, 8.3580°W

Approximate location — mapped to the centre of Silves

· Silves, Algarve, Portugal

Confirmed on the market 3 days ago.

Listed by Imobipera - Mediação Imobiliária Lda via Idealista.pt
2-bedroom freehold villa in Silves — photo 1 of 5
Idealista.pt
1 / 5
2-bedroom freehold villa in Silves — photo 2 of 5
2 / 5
2-bedroom freehold villa in Silves — photo 3 of 5
3 / 5
2-bedroom freehold villa in Silves — photo 4 of 5
4 / 5
2-bedroom freehold villa in Silves — photo 5 of 5
5 / 5

Detached house in Armação de Pêra

Silves · Central Algarve · Ref BF-120742Source · Idealista.pt · listed 1 Sept 2026
Asking price
€470,000
Bedrooms
2
Bathrooms
1
Built area
96 m²
Brixfox Score 41 · DFinancial analysis ↓

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Property details

Energy: B-
Condition: good

Description

House in Armação de Pêra consisting of basement with living room and bathroom, on the ground floor we have the entrance hall with kitchen in kitchenette and 2 bedrooms, and on the 1st floor a covered terrace where you can explore in the way that is most convenient for you. Close to all services, market, CTT, banks, re

Financials

What it earns, what it costs to own, and the net yield

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager whose commission includes the OTA/channel listing (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission but pays the OTA host fee, staff/local operations and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
Gross yield · all-in basis
Before tax in your home country and financing costs. Estimates, not financial advice.

No Airbnb match on file

We have not confirmed this exact property on Airbnb, so it carries no operating history here. The figures above rest on the comparable set — a launch scenario, not a track record.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR and revenue are the expected BOOKED figures — nearby asking prices corrected by our measured asking-to-booked factor (Portugal's calendar dataset is young, so this is a conservative estimate). Occupancy is the seasonality-adjusted full-year rate. The comp cards below show raw asking prices.
Expected ADR
€118
Expected booked rate (asking prices × measured booked factor)
Expected occupancy
36%
Full-year estimate, market-calibrated
Projected annual revenue
€15,612
ADR × occupancy × 365
Comp data observed in USD · converted at €0.88/$
Seasonal occupancy pattern
Peak Aug +50% · Low Dec -41%
J
F
M
A
M
J
J
A
S
O
N
D
Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
Acquisition costs· 7.9% of price, auto-calculated
€36,960
IMT (transfer tax, investment schedule)€24,900
Imposto de Selo (stamp duty)€3,760
Notary & registration€1,250
Legal fees€7,050
Renovation budget· Light touch-ups — paint, fixtures, deep clean.
Furniture & STR launch· default ≈ €12,425/bedroom
All-in investment
€537,090
+14.3% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
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Staff & local operations
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Cleaning (net of guest fees)
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Utilities, insurance & consumables
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Lodging / tourist tax
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Maintenance reserve
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Annual property tax
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Local income tax
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Net operating income
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Net yield on all-in investment
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Total return, if prices move

Net yield plus an appreciation assumption you choose. Appreciation is a forward-looking assumption, not data — which is why it defaults to 0% and is kept out of the yield figures above.
Annual appreciation assumption0%
0%3.5% · Silves 5-yr avg — historical, not a forecast8%
Indicative total return
••/yr
••% net yield + 0% appreciation
Appreciation assumptions are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.
Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Silves · Central Algarve

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

41D
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Upgrade to Pro to see the full scorecard analysis.

Risk & what-if

ScenarioOccupancyNet income /yrNet yield
-6 pts occupancy30%••••••%
+4 pts occupancy40%••••••%
Expected36%••••••%
+10 pts occupancy46%••••••%

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost · upgrade to Pro to stress-test this yield

TenureFreeholdno lease decay · no amortisation
Payback42.3 yearsfrom net rent at the expected case
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Modelled from live Airbnb calendar data around this property · operating costs per line, editable in the P&L · estimates, not financial advice.Data sources & methodology ›

ROI calculations use Brixfox Intelligence rental data from live Airbnb calendar tracking — the Algarve dataset has been live since March 2026, seasonality-adjusted to a full-year estimate with a conservative calibration while it matures. Operating costs are modelled per line (management, channel fees, cleaning, utilities, IMI, maintenance, insurance). After-tax yields deduct non-resident IRS on AL income under the simplified regime (~8.75% of gross); buyer-side IMT and stamp duty are included in the all-in cost basis. Market factors in Portugal may impact actual yields.