Detached house in São Marcos da Serra, Silves
Detached house in São Marcos da Serra, Silves — image 2Detached house in São Marcos da Serra, Silves — image 3Detached house in São Marcos da Serra, Silves — image 4Detached house in São Marcos da Serra, Silves — image 5
Grade B+villabudget

Detached house in São Marcos da Serra, Silves

Silves · Central Algarve ·

€135,000

Asking Price (EUR)

2.3%

True Net Yield (Owner, all-in)

1.6%

True Net Yield (Managed, all-in)

3.5%

True Gross Yield

51%

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: €10,621/yr
Average Daily Rate: €57
-34.0% vs area baselineImage quality 2/10 (-15%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 15.7 years
5-yr Capital Value: €177,388
10-yr Capital Value: €215,820
Brixfox Score: 65.3 / 100
Comparable Properties: 4
Data Confidence: 49%
Search Radius: 15 km

True Investment Cost

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

€305,686

+126.4% 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 × 162 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€145,800
(€113,400–€178,200)
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)€305,686

Gross yield (asking price)

7.9%

True gross yield (all-in)

3.5%

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: 162 m²
Land: 10800 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1951
Energy Certificate: Exempt

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional-adobe-constructionrustic-tiled-roofblue-and-white-painted-trim

Score Breakdown

ROI
17.61
Visual Appeal
4.4
Ownership Security
13
Location
7.2
Land & Space
12
Rental Demand
5.07
Payback Speed
3
STR Suitability
3

Description

Countryside house to rebuild, with lovely views, located 5 minutes from the village of São Marcos da Serra. The property has a house and annexes with about 162sqm and there is possibilities to extend the house up to 300sqm and to do Rural Turism project. It has 10800sqm of land, with water from a well, The house is lo

Location

📍 37.3619°N, 8.3767°W

· Silves, Algarve, Portugal

View on SERVESUL →Also on Idealista.pt
Idealista.pt
Silves / Central Algarve

Detached house in São Marcos da Serra, Silves

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

Grade B+ investment — short-term rental yields 5.3% 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
+9.1%
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
5.3%
$653/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
18.7 yr
Rental only

Property details

Year built: 1951
Energy: Exempt
Condition: needs-renovation

Description

Countryside house to rebuild, with lovely views, located 5 minutes from the village of São Marcos da Serra. The property has a house and annexes with about 162sqm and there is possibilities to extend the house up to 300sqm and to do Rural Turism project. It has 10800sqm of land, with water from a well, The house is lo

Income Breakdown

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Nightly Rate (ADR)
$84/night
50% ($39)Brixfox estimate($84/night)200% ($155)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$7,835
Airbnb data$84/night · 51% occupancy
Rental income
$84/night · 51% occ.
$15,562
Running costs (20%)
Utilities, cleaning, maintenance
-$3,112
Income tax (10%)
Indonesian rental income tax
-$4,357
Property tax
Annual property tax
-$257
Net income
5.3% ROI
$7,835

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.		$158,478
($123,261–$193,696)
Furnishing & STR launch
2bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$18,315
All-in investment$330,093

Gross yield (asking)

10.6%

True gross yield (all-in)

4.7%

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.

$898K$673K$449K$224K$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 16: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$164K
+22%
Rental Income
+$38K
Total Position
$203K
+50%
8.4%/yr
Year 10
Capital Value
$200K
+48%
Rental Income
+$83K
Total Position
$282K
+109%
7.7%/yr
Year 20
Capital Value
$296K
+119%
Rental Income
+$194K
Total Position
$489K
+263%
6.7%/yr
Year 30
Capital Value
$438K
+224%
Rental Income
+$343K
Total Position
$781K
+478%
6.0%/yr

Location

Silves

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.3% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Average
$77 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Strong
10800 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

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
Occupancy at 51% — 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

31% occ.
4.3%
$528/mo
41% occ.
5.8%
$707/mo
51% occ.
7.2%
$886/mo
current
61% occ.
8.7%
$1,065/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.