Terraced house in São Marcos da Serra, Silves
Terraced house in São Marcos da Serra, Silves — image 2Terraced house in São Marcos da Serra, Silves — image 3Terraced house in São Marcos da Serra, Silves — image 4Terraced house in São Marcos da Serra, Silves — image 5
Grade Dvillabudget

Terraced house in São Marcos da Serra, Silves

Silves · Central Algarve ·

€179,000

Asking Price (EUR)

0.0%

True Net Yield (Owner, all-in)

0.0%

True Net Yield (Managed, all-in)

2.0%

True Gross Yield

16%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.2 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €5,525/yr
Average Daily Rate: €95
-28.0% vs area baselineImage quality 4/10 (-9%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 99.0 years
5-yr Capital Value: €207,510
10-yr Capital Value: €240,561
Brixfox Score: 34.7 / 100
Comparable Properties: 7
Data Confidence: 59%
Search Radius: 15 km

True Investment Cost

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

€272,665

+52.3% over asking

Asking price€179,000
IMT — Property transfer tax (investment schedule)€3,748
IS — Stamp duty (0.8%)€1,432
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,685
Total acquisition costs€9,115
Renovation (est. €900/m² × 73 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€65,700
(€51,100–€80,300)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€18,850
All-in investment (incl. renovation & furnishing)€272,665

Gross yield (asking price)

3.1%

True gross yield (all-in)

2.0%

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.

Bedrooms: 2
Bathrooms: 2
Building: 73 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1995
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
0
Visual Appeal
5.4
Ownership Security
13
Location
7.2
Land & Space
3.46
Rental Demand
1.59
Payback Speed
0
STR Suitability
4

Description

Townhouse, 2 bedrooms, São Marcos da Serra V2 townhouse, located in the village of São Marcos da Serra (Silves). This property consists of 1 living room, 2 bathrooms, kitchen, and 2 bedrooms. On the 2nd floor, there is an attic with good space, which could be used as a second habitable floor. The house has excellent

Location

📍 37.3592°N, 8.3759°W

· Silves, Algarve, Portugal

View on ERA FARO BAIXA →Also on Idealista.pt
Terraced house in São Marcos da Serra, Silves
Idealista.pt
Source verified

Terraced house in São Marcos da Serra, Silves

Silves · Central Algarve · Freehold · Ref BF-7113
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
73 m²
True net yield
0.0%
Brixfox Score 35 · D

Property details

Year built: 1995
Energy: C
Condition: needs-renovation

Description

Townhouse, 2 bedrooms, São Marcos da Serra V2 townhouse, located in the village of São Marcos da Serra (Silves). This property consists of 1 living room, 2 bathrooms, kitchen, and 2 bedrooms. On the 2nd floor, there is an attic with good space, which could be used as a second habitable floor. The house has excellent

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$137/night
50% ($63)Brixfox estimate($137/night)200% ($252)
Occupancy
16%
10%Brixfox estimate(16%)100%

Short-Term Rental

Yearly income
$3,827
Airbnb data$137/night · 16% occupancy
Rental income
$137/night · 16% occ.
$7,360
Running costs (20%)
Utilities, cleaning, maintenance
-$1,472
Income tax (10%)
Indonesian rental income tax
-$2,061
Property tax
Annual property tax
-$0
Net income
2.0% ROI
$3,827

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Investment Returns

After-tax net yield · all-in cost basis

Exact location

Net Yield · Fully-Managed · After Tax

0.0%

on all-in cost of $244,073

Scenario
Pre-tax
After-tax
Owner-managed
0.0%
0.0%
Fully-managed
0.0%
0.0%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

3.0%

Annual Revenue

$7,360

Income Tax / yr

$643

Payback

—

True All-In Cost
Asking price$194,565
IMT — transfer tax (non-resident 7.5%)$14,592
Stamp duty (0.8%)$1,557
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$244,073

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Silves.

$860K$645K$430K$215K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $179K
Capital appreciation
Property value growing at +4%/yr based on Silves market trends.
Rental income
Cumulative net rental earnings collected over time, growing with annual revenue increases.
Total return
Capital value + rental income. Your actual total position if you sold and kept all rent.
2x return
Year 14: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$218K
+22%
Rental Income
+$19K
Total Position
$236K
+32%
5.7%/yr
Year 10
Capital Value
$265K
+48%
Rental Income
+$40K
Total Position
$305K
+71%
5.5%/yr
Year 20
Capital Value
$392K
+119%
Rental Income
+$95K
Total Position
$487K
+172%
5.1%/yr
Year 30
Capital Value
$581K
+224%
Rental Income
+$168K
Total Position
$748K
+318%
4.9%/yr

Location

Silves

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.0% annual return
Occupancy
Weak
16% average occupancy
Nightly Rate
Good
$126 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 2.0% is below the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
5.4%
$873/mo
40% occ.
7.2%
$1,164/mo
16% occ.
2.9%
$464/mo
current
26% occ.
4.7%
$755/mo

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Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.

Asking price · Freehold
$194,565
0.0%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.