Detached house in Rua de Forninhos Nn, São Marcos da Serra
Detached house in Rua de Forninhos Nn, São Marcos da Serra — image 2Detached house in Rua de Forninhos Nn, São Marcos da Serra — image 3Detached house in Rua de Forninhos Nn, São Marcos da Serra — image 4Detached house in Rua de Forninhos Nn, São Marcos da Serra — image 5
Grade C+villabudget

Detached house in Rua de Forninhos Nn, São Marcos da Serra

Silves · Central Algarve ·

€135,000

Asking Price (EUR)

1.1%

True Net Yield (Owner, all-in)

0.8%

True Net Yield (Managed, all-in)

1.7%

True Gross Yield

15%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 17% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.75, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €5,569/yr
Average Daily Rate: €99
-24.0% vs area baselineImage quality 2/10 (-15%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 30.3 years
5-yr Capital Value: €177,388
10-yr Capital Value: €215,820
Brixfox Score: 53.8 / 100
Comparable Properties: 3
Data Confidence: 45%
Search Radius: 15 km

True Investment Cost

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

€325,236

+140.9% over asking

Asking price€135,000
IMT — Property transfer tax (investment schedule)€1,681
IS — Stamp duty (0.8%)€1,080
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,025
Total acquisition costs€6,036
Renovation (est. €900/m² × 180 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€162,000
(€126,000–€198,000)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€22,200
All-in investment (incl. renovation & furnishing)€325,236

Gross yield (asking price)

4.1%

True gross yield (all-in)

1.7%

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: 3
Bathrooms: 2
Building: 180 m²
Land: 23400 m²
Style: portuguese-traditional
Condition: needs-renovation
Energy Certificate: Exempt
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

ruin_charmrural_setting

Score Breakdown

ROI
11.68
Visual Appeal
5.4
Ownership Security
13
Location
7.2
Land & Space
12
Rental Demand
1.54
Payback Speed
0
STR Suitability
3

Description

Property Identification: ZMPT573227 House for Reconstruction with Approved PIP on a 23,400m² plot of land, São Marcos da Serra, Silves Located in the tranquil area of Forninhos, São Marcos da Serra, Silves, this exceptional property offers a unique opportunity for those seeking a lifestyle in direct contact with natu

Location

📍 37.1890°N, 8.4390°W

· Silves, Algarve, Portugal

View on ZOME Albufeira →Also on Idealista.pt
Idealista.pt
Silves / Central Algarve

Detached house in Rua de Forninhos Nn, São Marcos da Serra

Inventory
3 Beds
Bathrooms
2 Baths
Built Area
180 m²
Land Plot
23400 m²
Tenure
Freehold
Yield Curve Status

Grade C+ investment — short-term rental yields 2.7% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score54
GradeC+
Brixfox Intelligence
54C+Moderate
Score Breakdown
ROI & Yield59%
Capital Growth57%
Risk Profile56%
Market Demand54%

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
+6.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$25K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.7%
$327/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
14 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
37.4 yr
Rental only

Property details

Energy: Exempt
Condition: needs-renovation

Description

Property Identification: ZMPT573227 House for Reconstruction with Approved PIP on a 23,400m² plot of land, São Marcos da Serra, Silves Located in the tranquil area of Forninhos, São Marcos da Serra, Silves, this exceptional property offers a unique opportunity for those seeking a lifestyle in direct contact with natu

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$143/night
50% ($66)Brixfox estimate($143/night)200% ($263)
Occupancy
15%
10%Brixfox estimate(15%)100%

Short-Term Rental

Yearly income
$3,928
Airbnb data$143/night · 15% occupancy
Rental income
$143/night · 15% occ.
$8,047
Running costs (20%)
Utilities, cleaning, maintenance
-$1,609
Income tax (10%)
Indonesian rental income tax
-$2,253
Property tax
Annual property tax
-$257
Net income
2.7% ROI
$3,928

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$146,739
IMT (transfer tax, investment schedule)$1,827
Imposto de Selo (stamp duty)$1,174
Notary & registration$1,359
Legal / due diligence$2,201
Total acquisition costs$6,561
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$176,087
($136,957–$215,217)
Furnishing & STR launch
3bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$21,957
All-in investment$351,343

Gross yield (asking)

5.5%

True gross yield (all-in)

2.3%

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.

$701K$526K$351K$175K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $135K
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 26: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$164K
+22%
Rental Income
+$19K
Total Position
$183K
+36%
6.3%/yr
Year 10
Capital Value
$200K
+48%
Rental Income
+$41K
Total Position
$241K
+79%
6.0%/yr
Year 20
Capital Value
$296K
+119%
Rental Income
+$97K
Total Position
$393K
+191%
5.5%/yr
Year 30
Capital Value
$438K
+224%
Rental Income
+$172K
Total Position
$610K
+352%
5.2%/yr

Location

Silves

Central Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

No nearby Airbnb listings found

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.7% annual return
Occupancy
Weak
15% average occupancy
Nightly Rate
Good
$132 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Strong
23400 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Generous 23400 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 2.7% 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.
7.3%
$892/mo
40% occ.
9.8%
$1,196/mo
15% occ.
3.7%
$448/mo
current
25% occ.
6.2%
$752/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.