Palace in Rua da Ladeira, Estação de Silves - Cerro de São Miguel, Silves
Palace in Rua da Ladeira, Estação de Silves - Cerro de São Miguel, Silves — image 2Palace in Rua da Ladeira, Estação de Silves - Cerro de São Miguel, Silves — image 3Palace in Rua da Ladeira, Estação de Silves - Cerro de São Miguel, Silves — image 4Palace in Rua da Ladeira, Estação de Silves - Cerro de São Miguel, Silves — image 5
Grade B+villaluxury

Palace in Rua da Ladeira, Estação de Silves - Cerro de São Miguel, Silves

Silves · Central Algarve ·

€4M

Asking Price (EUR)

1.5%

True Net Yield (Owner, all-in)

1.0%

True Net Yield (Managed, all-in)

2.3%

True Gross Yield

60%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.5 months ago and is currently at 12% 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: €103,580/yr
Average Daily Rate: €473
Payback Period: 47.3 years
5-yr Capital Value: €5.3M
10-yr Capital Value: €6.4M
Brixfox Score: 65.4 / 100
Comparable Properties: 4
Data Confidence: 62%
Search Radius: 6 km

True Investment Cost

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

€4.5M

+11.8% over asking

Asking price€4M
IMT — Property transfer tax (investment schedule)€300,000
IS — Stamp duty (0.8%)€32,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€60,000
Total acquisition costs€393,250
Renovation€0 — move-in ready
Furnishing & STR launch (6bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€77,350
All-in investment (incl. renovation & furnishing)€4.5M

Gross yield (asking price)

2.6%

True gross yield (all-in)

2.3%

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: 6
Bathrooms: 6
Building: 500 m²
Land: 2100 m²
Style: portuguese-traditional
Condition: excellent
Year Built: 1920
Energy Certificate: C
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AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional portuguese architecturemultiple balconiesterraced landscapingdistinctive roofline

Score Breakdown

ROI
10.03
Visual Appeal
14.2
Ownership Security
13
Location
7.2
Land & Space
12
Rental Demand
6
Payback Speed
0
STR Suitability
3

Description

Luxury Historic Mansion: 1920 Gem with Pool and Included Furniture This extraordinary mansion, built around 1920 by the renowned professor, poet, and painter Samora Barros, is a true gem of national history and culture. With its grand architecture and unique details, this luxury property exudes charm and elegance, tran

Location

📍 37.1729°N, 8.4399°W

· Silves, Algarve, Portugal

View on MY property →Also on Idealista.pt
Idealista.pt
Silves / Central Algarve

Palace in Rua da Ladeira, Estação de Silves - Cerro de São Miguel, Silves

Inventory
6 Beds
Bathrooms
6 Baths
Built Area
500 m²
Land Plot
2100 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 1.7% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score65
GradeB+
Brixfox Intelligence
65B+Strong
Score Breakdown
ROI & Yield72%
Capital Growth68%
Risk Profile67%
Market Demand65%

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
+5.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$751K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
1.7%
$5,991/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
16 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
60.5 yr
Rental only

Property details

Year built: 1920
Energy: C
Condition: excellent

Description

Luxury Historic Mansion: 1920 Gem with Pool and Included Furniture This extraordinary mansion, built around 1920 by the renowned professor, poet, and painter Samora Barros, is a true gem of national history and culture. With its grand architecture and unique details, this luxury property exudes charm and elegance, tran

Income Breakdown

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Nightly Rate (ADR)
$698/night
50% ($321)Brixfox estimate($698/night)200% ($1284)
Occupancy
60%
10%Brixfox estimate(60%)100%

Short-Term Rental

Yearly income
$71,895
Airbnb data$698/night · 60% occupancy
Rental income
$698/night · 60% occ.
$152,892
Running costs (20%)
Utilities, cleaning, maintenance
-$30,578
Income tax (10%)
Indonesian rental income tax
-$42,810
Property tax
Annual property tax
-$7,609
Net income
1.7% ROI
$71,895

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$4,347,826
IMT (transfer tax, investment schedule)$326,087
Imposto de Selo (stamp duty)$34,783
Notary & registration$1,359
Legal / due diligence$65,217
Total acquisition costs$427,446
RenovationMove-in ready
Furnishing & STR launch
6bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$81,902
All-in investment$4,857,174

Gross yield (asking)

3.5%

True gross yield (all-in)

3.1%

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.

$18.5M$13.9M$9.3M$4.6M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $4.0M
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
$4.9M
+22%
Rental Income
+$351K
Total Position
$5.2M
+30%
5.5%/yr
Year 10
Capital Value
$5.9M
+48%
Rental Income
+$758K
Total Position
$6.7M
+67%
5.3%/yr
Year 20
Capital Value
$8.8M
+119%
Rental Income
+$1.8M
Total Position
$10.5M
+164%
5.0%/yr
Year 30
Capital Value
$13.0M
+224%
Rental Income
+$3.1M
Total Position
$16.1M
+303%
4.8%/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
Weak
1.7% annual return
Occupancy
Good
60% average occupancy
Nightly Rate
Strong
$642 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Strong
2100 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $642 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Generous 2100 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 1.7% is below the market average — model your cashflow carefully

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

40% occ.
1.5%
$5,313/mo
50% occ.
1.9%
$6,799/mo
60% occ.
2.3%
$8,285/mo
current
70% occ.
2.7%
$9,771/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.