Detached house, Val 2243, São Bartolomeu de Messines, Silves
Detached house, Val 2243, São Bartolomeu de Messines, Silves — image 2Detached house, Val 2243, São Bartolomeu de Messines, Silves — image 3Detached house, Val 2243, São Bartolomeu de Messines, Silves — image 4Detached house, Val 2243, São Bartolomeu de Messines, Silves — image 5
Grade Avillabudget

Detached house, Val 2243, São Bartolomeu de Messines, Silves

Silves · Central Algarve ·

€68,000

Asking Price (EUR)

7.6%

True Net Yield (Owner, all-in)

5.3%

True Net Yield (Managed, all-in)

11.7%

True Gross Yield

67%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.8 months ago and is currently at 15% 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: €20,169/yr
Average Daily Rate: €83
Payback Period: 4.0 years
5-yr Capital Value: €89,351
10-yr Capital Value: €108,709
Brixfox Score: 77.8 / 100
Comparable Properties: 6
Data Confidence: 58%
Search Radius: 10 km

True Investment Cost

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

€171,824

+152.7% over asking

Asking price€68,000
IMT — Property transfer tax (investment schedule)€680
IS — Stamp duty (0.8%)€544
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€1,500
Total acquisition costs€3,974
Renovation (est. €900/m² × 90 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€81,000
(€63,000–€99,000)
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)€171,824

Gross yield (asking price)

29.7%

True gross yield (all-in)

11.7%

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: 2
Bathrooms: 1
Building: 90 m²
Land: 10800 m²
Style: portuguese-traditional
Condition: needs-renovation
Energy Certificate: F
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional terracotta roof tilesrural mountain setting

Score Breakdown

ROI
25
Visual Appeal
5.6
Ownership Security
13
Location
7.2
Land & Space
12
Rental Demand
6.96
Payback Speed
5
STR Suitability
3

Description

Property ID: ZMPT585353 Fantastic semi-detached house for renovation, on a 10,800m2 plot, in Sapeira, São Marcos da Serra. The house consists of 8 rooms and an exterior annex on the land for animals. Electricity is available on site. Magnificent unobstructed view over a part of the Odelouca Dam basin. Book your visit

Location

📍 37.3060°N, 8.2637°W

· Silves, Algarve, Portugal

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

Detached house, Val 2243, São Bartolomeu de Messines, Silves

Inventory
2 Beds
Bathrooms
1 Baths
Built Area
90 m²
Land Plot
10800 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 21.5% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score78
GradeA
Brixfox Intelligence
78AExcellent
Score Breakdown
ROI & Yield86%
Capital Growth82%
Risk Profile79%
Market Demand78%

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
+25.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$13K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
21.5%
$1,321/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
4 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
4.7 yr
Rental only

Property details

Energy: F
Condition: needs-renovation

Description

Property ID: ZMPT585353 Fantastic semi-detached house for renovation, on a 10,800m2 plot, in Sapeira, São Marcos da Serra. The house consists of 8 rooms and an exterior annex on the land for animals. Electricity is available on site. Magnificent unobstructed view over a part of the Odelouca Dam basin. Book your visit

Income Breakdown

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Nightly Rate (ADR)
$121/night
50% ($56)Brixfox estimate($121/night)200% ($223)
Occupancy
70%
10%Brixfox estimate(70%)100%

Short-Term Rental

Yearly income
$15,858
Airbnb data$121/night · 70% occupancy
Rental income
$121/night · 70% occ.
$30,745
Running costs (20%)
Utilities, cleaning, maintenance
-$6,149
Income tax (10%)
Indonesian rental income tax
-$8,608
Property tax
Annual property tax
-$129
Net income
21.5% ROI
$15,858

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$73,913
IMT (transfer tax, investment schedule)$739
Imposto de Selo (stamp duty)$591
Notary & registration$1,359
Legal / due diligence$1,630
Total acquisition costs$4,320
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$88,043
($68,478–$107,609)
Furnishing & STR launch
2bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$18,315
All-in investment$184,591

Gross yield (asking)

41.6%

True gross yield (all-in)

16.7%

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.

$1.1M$789K$526K$263K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $68K
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 5: rental income alone has repaid the full purchase price.
2x return
Year 4: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$83K
+22%
Rental Income
+$77K
Total Position
$160K
+136%
18.7%/yr
Year 10
Capital Value
$101K
+48%
Rental Income
+$167K
Total Position
$268K
+294%
14.7%/yr
Year 20
Capital Value
$149K
+119%
Rental Income
+$392K
Total Position
$541K
+696%
10.9%/yr
Year 30
Capital Value
$221K
+224%
Rental Income
+$694K
Total Position
$915K
+1245%
9.0%/yr

Location

Silves

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
21.5% annual return
Occupancy
Good
70% average occupancy
Nightly Rate
Average
$111 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Strong
10800 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 21.5% — outperforms most villas in this market
Generous 10800 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
ADR of $111 limits revenue ceiling — consider repositioning potential

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

50% occ.
20.6%
$1,267/mo
60% occ.
24.8%
$1,525/mo
70% occ.
28.9%
$1,783/mo
current
80% occ.
33.1%
$2,040/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.