T2 flat in Algoz e Tunes, Silves
T2 flat in Algoz e Tunes, Silves — image 2T2 flat in Algoz e Tunes, Silves — image 3T2 flat in Algoz e Tunes, Silves — image 4T2 flat in Algoz e Tunes, Silves — image 5
Grade B+apartmentmid-range

T2 flat in Algoz e Tunes, Silves

Silves · Central Algarve ·

€345,000

Asking Price (EUR)

4.6%

True Net Yield (Owner, all-in)

3.2%

True Net Yield (Managed, all-in)

7.1%

True Gross Yield

66%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 14% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €28,604/yr
Average Daily Rate: €118
Payback Period: 13.9 years
5-yr Capital Value: €453,325
10-yr Capital Value: €551,539
Brixfox Score: 66.7 / 100
Comparable Properties: 5
Data Confidence: 56%
Search Radius: 4 km

True Investment Cost

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

€401,340

+16.3% over asking

Asking price€345,000
IMT — Property transfer tax (investment schedule)€15,430
IS — Stamp duty (0.8%)€2,760
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,175
Total acquisition costs€24,615
Renovation (est. €55/m² × 125 m²)
Light touch-ups — paint, fixtures, deep clean.		€6,875
(€3,750–€10,000)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€24,850
All-in investment (incl. renovation & furnishing)€401,340

Gross yield (asking price)

8.3%

True gross yield (all-in)

7.1%

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: 125 m²
Style: dated
Condition: good
Energy Certificate: C
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

balcony with street/garden view

Score Breakdown

ROI
18.89
Visual Appeal
10
Ownership Security
13
Location
7.2
Land & Space
4.5
Rental Demand
7.12
Payback Speed
3
STR Suitability
3

Description

We present this excellent 1-bedroom apartment with 125 m², located in Algoz, which stands out for its generous area and functionality. The property has been intelligently adapted, currently featuring two bedrooms, including a comfortable suite, with one of the bedrooms having built-in wardrobes, ensuring space and orga

Location

📍 37.1634°N, 8.3039°W

· Silves, Algarve, Portugal

View on Easygest Setúbal →Also on Idealista.pt
Idealista.pt
Silves / Central Algarve

T2 flat in Algoz e Tunes, Silves

Inventory
2 Beds
Bathrooms
2 Baths
Built Area
125 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 6.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score67
GradeB+
Brixfox Intelligence
67B+Strong
Score Breakdown
ROI & Yield74%
Capital Growth70%
Risk Profile69%
Market Demand67%

The Brixfox Score is our proprietary AI-powered rating that evaluates rental ROI, capital appreciation potential, risk factors, and local market dynamics to give you a single investment quality metric.

Pro members get full score breakdown with AI recommendations
Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+9.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$65K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.1%
$1,893/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
16.5 yr
Rental only

Property details

Energy: C
Condition: good

Description

We present this excellent 1-bedroom apartment with 125 m², located in Algoz, which stands out for its generous area and functionality. The property has been intelligently adapted, currently featuring two bedrooms, including a comfortable suite, with one of the bedrooms having built-in wardrobes, ensuring space and orga

Income Breakdown

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Nightly Rate (ADR)
$173/night
50% ($80)Brixfox estimate($173/night)200% ($318)
Occupancy
71%
10%Brixfox estimate(71%)100%

Short-Term Rental

Yearly income
$22,715
Airbnb data$173/night · 71% occupancy
Rental income
$173/night · 71% occ.
$44,945
Running costs (20%)
Utilities, cleaning, maintenance
-$8,989
Income tax (10%)
Indonesian rental income tax
-$12,584
Property tax
Annual property tax
-$656
Net income
6.1% ROI
$22,715

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

True all-in investment

What the headline asking price actually costs once mandatory taxes, fees, renovation, and furnishing are added. Yields rebased onto this number — closer to what you'll really earn against what you'll really pay.

Asking price$375,000
IMT (transfer tax, investment schedule)$16,772
Imposto de Selo (stamp duty)$3,000
Notary & registration$1,359
Legal / due diligence$5,625
Total acquisition costs$26,755
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$7,473
($4,076–$10,870)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$27,011
All-in investment$436,239

Gross yield (asking)

12.0%

True gross yield (all-in)

10.3%

Estimates use Portugal's standard transfer tax + typical legal/notary defaults. Verify with local counsel before committing — actual fees vary by deal structure.

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Silves.

$2.4M$1.8M$1.2M$608K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $345K
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.
Paid back
Year 14: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$420K
+22%
Rental Income
+$111K
Total Position
$531K
+54%
9.0%/yr
Year 10
Capital Value
$511K
+48%
Rental Income
+$240K
Total Position
$750K
+117%
8.1%/yr
Year 20
Capital Value
$756K
+119%
Rental Income
+$562K
Total Position
$1.3M
+282%
6.9%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$994K
Total Position
$2.1M
+513%
6.2%/yr

Location

Silves

Central Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
6.1% annual return
Occupancy
Good
71% average occupancy
Nightly Rate
Good
$159 per night
Visual Appeal
Average
4/10 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
Visual appeal is below average — photos may not compete well on Airbnb listings

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

51% occ.
5.9%
$1,831/mo
61% occ.
7.0%
$2,199/mo
71% occ.
8.2%
$2,567/mo
current
81% occ.
9.4%
$2,935/mo

Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Includes 10% Indonesian rental tax (PPh) and annual property tax (PBB). Market factors in Portugal may impact actual yields.