Detached house in N124-1, Estação de Silves - Cerro de São Miguel, Silves
Detached house in N124-1, Estação de Silves - Cerro de São Miguel, Silves — image 2Detached house in N124-1, Estação de Silves - Cerro de São Miguel, Silves — image 3Detached house in N124-1, Estação de Silves - Cerro de São Miguel, Silves — image 4Detached house in N124-1, Estação de Silves - Cerro de São Miguel, Silves — image 5
Grade Avillamid-range

Detached house in N124-1, Estação de Silves - Cerro de São Miguel, Silves

Silves · Central Algarve ·

€479,500

Asking Price (EUR)

11.5%

True Net Yield (Owner, all-in)

7.9%

True Net Yield (Managed, all-in)

17.6%

True Gross Yield

55%

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: €98,124/yr
Average Daily Rate: €492
Payback Period: 6.1 years
5-yr Capital Value: €630,056
10-yr Capital Value: €766,559
Brixfox Score: 80.7 / 100
Comparable Properties: 4
Data Confidence: 65%
Search Radius: 3 km

True Investment Cost

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

€556,604

+16.1% over asking

Asking price€479,500
IMT — Property transfer tax (investment schedule)€26,190
IS — Stamp duty (0.8%)€3,836
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,193
Total acquisition costs€38,469
Renovation (est. €55/m² × 117 m²)
Light touch-ups — paint, fixtures, deep clean.		€6,435
(€3,510–€9,360)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€556,604

Gross yield (asking price)

20.5%

True gross yield (all-in)

17.6%

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: 117 m²
Land: 4440 m²
Style: portuguese-traditional
Condition: good
Energy Certificate: E
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional terracotta roof tileswhite washed wallstraditional Algarve chimney

Score Breakdown

ROI
25
Visual Appeal
10
Ownership Security
13
Location
7.2
Land & Space
12
Rental Demand
5.47
Payback Speed
5
STR Suitability
3

Description

DON'T MISS THIS GREAT OPPORTUNITY! FABULOUS FULLY RENOVATED 2 BEDROOM VILLA WITH LARGE LAND OF 4440M2, SEVERAL FRUIT TREES AND GARAGE, VERY WELL LOCATED IN A CALM AND QUIET AREA CLOSE TO ALL AMENITIES AND SERVICES AND JUST A FEW MINUTES FROM THE BEACHES! This fantastic villa is located in one of the calmest and most p

Location

📍 37.1890°N, 8.4390°W

· Silves, Algarve, Portugal

View on Century21 Realty Art 2 →Also on Idealista.pt
Idealista.pt
Silves / Central Algarve

Detached house in N124-1, Estação de Silves - Cerro de São Miguel, Silves

Inventory
3 Beds
Bathrooms
2 Baths
Built Area
117 m²
Land Plot
4440 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 14.0% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score81
GradeA
Brixfox Intelligence
81AExcellent
Score Breakdown
ROI & Yield89%
Capital Growth85%
Risk Profile82%
Market Demand81%

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
+17.7%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$90K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
14.0%
$6,068/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
6 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
7.2 yr
Rental only

Property details

Energy: E
Condition: good

Description

DON'T MISS THIS GREAT OPPORTUNITY! FABULOUS FULLY RENOVATED 2 BEDROOM VILLA WITH LARGE LAND OF 4440M2, SEVERAL FRUIT TREES AND GARAGE, VERY WELL LOCATED IN A CALM AND QUIET AREA CLOSE TO ALL AMENITIES AND SERVICES AND JUST A FEW MINUTES FROM THE BEACHES! This fantastic villa is located in one of the calmest and most p

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$711/night
50% ($327)Brixfox estimate($711/night)200% ($1308)
Occupancy
55%
10%Brixfox estimate(55%)100%

Short-Term Rental

Yearly income
$72,811
Airbnb data$711/night · 55% occupancy
Rental income
$711/night · 55% occ.
$141,775
Running costs (20%)
Utilities, cleaning, maintenance
-$28,355
Income tax (10%)
Indonesian rental income tax
-$39,697
Property tax
Annual property tax
-$912
Net income
14.0% ROI
$72,811

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$521,196
IMT (transfer tax, investment schedule)$28,467
Imposto de Selo (stamp duty)$4,170
Notary & registration$1,359
Legal / due diligence$7,818
Total acquisition costs$41,814
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$6,995
($3,815–$10,174)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$602,830

Gross yield (asking)

27.2%

True gross yield (all-in)

23.5%

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.

$5.5M$4.1M$2.7M$1.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $480K
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 7: rental income alone has repaid the full purchase price.
2x return
Year 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$583K
+22%
Rental Income
+$356K
Total Position
$939K
+96%
14.4%/yr
Year 10
Capital Value
$710K
+48%
Rental Income
+$768K
Total Position
$1.5M
+208%
11.9%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$1.8M
Total Position
$2.9M
+494%
9.3%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$3.2M
Total Position
$4.7M
+889%
7.9%/yr

Location

Silves

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
14.0% annual return
Occupancy
Average
55% average occupancy
Nightly Rate
Strong
$654 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Strong
4440 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 14.0% — outperforms most villas in this market
Premium nightly rate of $654 — positioned in the top tier
Generous 4440 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 55% — factor in seasonal gaps

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

35% occ.
11.9%
$5,168/mo
45% occ.
15.4%
$6,681/mo
55% occ.
18.9%
$8,194/mo
current
65% occ.
22.4%
$9,708/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.