Detached house in Fazenda da Caravela, 1, Caravela, Alcantarilha
Detached house in Fazenda da Caravela, 1, Caravela, Alcantarilha — image 2Detached house in Fazenda da Caravela, 1, Caravela, Alcantarilha — image 3Detached house in Fazenda da Caravela, 1, Caravela, Alcantarilha — image 4Detached house in Fazenda da Caravela, 1, Caravela, Alcantarilha — image 5
Grade A+villamid-range

Detached house in Fazenda da Caravela, 1, Caravela, Alcantarilha

Silves · Central Algarve ·

€675,000

Asking Price (EUR)

9.1%

True Net Yield (Owner, all-in)

6.3%

True Net Yield (Managed, all-in)

14.1%

True Gross Yield

67%

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: €110,588/yr
Average Daily Rate: €454
+15.0% vs area baselinePortuguese-traditional style (+5%), Has pool (0%), Has view (+10%)
Payback Period: 7.6 years
5-yr Capital Value: €984,175
10-yr Capital Value: €1.2M
Brixfox Score: 86.6 / 100
Comparable Properties: 6
Data Confidence: 46%
Search Radius: 6 km

True Investment Cost

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

€786,185

+16.5% over asking

Asking price€675,000
IMT — Property transfer tax (investment schedule)€40,500
IS — Stamp duty (0.8%)€5,400
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€10,125
Total acquisition costs€57,275
Renovation (est. €55/m² × 252 m²)
Light touch-ups — paint, fixtures, deep clean.		€13,860
(€7,560–€20,160)
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€40,050
All-in investment (incl. renovation & furnishing)€786,185

Gross yield (asking price)

16.4%

True gross yield (all-in)

14.1%

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: 4
Bathrooms: 2
Building: 252 m²
Land: 2891 m²
Style: portuguese-traditional
Condition: good
Year Built: 1980
Energy Certificate: C
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

arched windows and doorwaysrooftop terracecurved swimming poollandscaped garden with mature trees

Score Breakdown

ROI
25
Visual Appeal
12.8
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
7.44
Payback Speed
5
STR Suitability
3

Description

2 houses with pool for sale in the Fazenda Caravela urbanization, set on a large plot of fully developable land. This property consists of 2 houses, each with 2 bedrooms. The surrounding land is adorned with terraces and balconies perfect for moments of relaxation and leisure. The pool embraces the 2 villas, which are

Location

📍 37.1890°N, 8.4390°W

· Silves, Algarve, Portugal

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

Detached house in Fazenda da Caravela, 1, Caravela, Alcantarilha

Inventory
4 Beds
Bathrooms
2 Baths
Built Area
252 m²
Land Plot
2891 m²
Tenure
Freehold
Yield Curve Status

Grade A+ investment — short-term rental yields 12.4% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score87
GradeA+
Brixfox Intelligence
87A+Excellent
Score Breakdown
ROI & Yield96%
Capital Growth91%
Risk Profile88%
Market Demand87%

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.

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Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+16.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$127K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
12.4%
$7,606/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
8.0 yr
Rental only

Property details

Year built: 1980
Energy: C
Condition: good

Description

2 houses with pool for sale in the Fazenda Caravela urbanization, set on a large plot of fully developable land. This property consists of 2 houses, each with 2 bedrooms. The surrounding land is adorned with terraces and balconies perfect for moments of relaxation and leisure. The pool embraces the 2 villas, which are

Income Breakdown

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Nightly Rate (ADR)
$656/night
50% ($302)Brixfox estimate($656/night)200% ($1207)
Occupancy
74%
10%Brixfox estimate(74%)100%

Short-Term Rental

Yearly income
$91,273
Airbnb data$656/night · 74% occupancy
Rental income
$656/night · 74% occ.
$177,993
Running costs (20%)
Utilities, cleaning, maintenance
-$35,599
Income tax (10%)
Indonesian rental income tax
-$49,838
Property tax
Annual property tax
-$1,284
Net income
12.4% ROI
$91,273

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$733,696
IMT (transfer tax, investment schedule)$44,022
Imposto de Selo (stamp duty)$5,870
Notary & registration$1,359
Legal / due diligence$11,005
Total acquisition costs$62,255
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$15,065
($8,217–$21,913)
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$41,359
All-in investment$852,375

Gross yield (asking)

24.3%

True gross yield (all-in)

20.9%

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.

$7.1M$5.3M$3.6M$1.8M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $675K
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 8: 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
$821K
+22%
Rental Income
+$446K
Total Position
$1.3M
+88%
13.4%/yr
Year 10
Capital Value
$999K
+48%
Rental Income
+$963K
Total Position
$2.0M
+191%
11.3%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$2.3M
Total Position
$3.7M
+453%
8.9%/yr
Year 30
Capital Value
$2.2M
+224%
Rental Income
+$4.0M
Total Position
$6.2M
+816%
7.7%/yr

Location

Silves

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
12.4% annual return
Occupancy
Good
74% average occupancy
Nightly Rate
Strong
$603 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
2891 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 12.4% — outperforms most villas in this market
Premium nightly rate of $603 — positioned in the top tier
Generous 2891 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
STR zoning not confirmed — verify before purchasing for short-term rental use

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

54% occ.
12.2%
$7,483/mo
64% occ.
14.5%
$8,879/mo
74% occ.
16.8%
$10,276/mo
current
84% occ.
19.1%
$11,672/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.