Detached house in Rua da Porta da Azóia, Zona Histórica, Silves
Detached house in Rua da Porta da Azóia, Zona Histórica, Silves — image 2Detached house in Rua da Porta da Azóia, Zona Histórica, Silves — image 3Detached house in Rua da Porta da Azóia, Zona Histórica, Silves — image 4Detached house in Rua da Porta da Azóia, Zona Histórica, Silves — image 5
Grade Avillamid-range

Detached house in Rua da Porta da Azóia, Zona Histórica, Silves

Silves · Central Algarve ·

€650,000

Asking Price (EUR)

7.6%

True Net Yield (Owner, all-in)

5.2%

True Net Yield (Managed, all-in)

11.6%

True Gross Yield

59%

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: €88,126/yr
Average Daily Rate: €409
Payback Period: 9.2 years
5-yr Capital Value: €854,090
10-yr Capital Value: €1.0M
Brixfox Score: 79.4 / 100
Comparable Properties: 4
Data Confidence: 61%
Search Radius: 6 km

True Investment Cost

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

€756,900

+16.4% over asking

Asking price€650,000
IMT — Property transfer tax (investment schedule)€39,000
IS — Stamp duty (0.8%)€5,200
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,750
Total acquisition costs€55,200
Renovation (est. €55/m² × 160 m²)
Light touch-ups — paint, fixtures, deep clean.		€8,800
(€4,800–€12,800)
Furnishing & STR launch (5bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€42,900
All-in investment (incl. renovation & furnishing)€756,900

Gross yield (asking price)

13.6%

True gross yield (all-in)

11.6%

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: 5
Bathrooms: 2
Building: 160 m²
Land: 680 m²
Style: portuguese-traditional
Condition: good
Energy Certificate: Not indicated
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

orange grovehistoric wall/aqueducttraditional Algarve architecture

Score Breakdown

ROI
24.32
Visual Appeal
10
Ownership Security
13
Location
7.2
Land & Space
12
Rental Demand
5.9
Payback Speed
4
STR Suitability
3

Description

**Historic House in Silves to Renovate – A Rare Gem Not to Be Missed! ** Exclusivity Exceptional location on the heights of Silves, in a quiet private lan just a few steps from the famous Silves Castle. This character property enjoys a rare and highly sought-after setting, with a section of the city’s historic walls f

Location

📍 37.1894°N, 8.4392°W

· Silves, Algarve, Portugal

View on Idealista.pt
Idealista.pt
Silves / Central Algarve

Detached house in Rua da Porta da Azóia, Zona Histórica, Silves

Inventory
5 Beds
Bathrooms
2 Baths
Built Area
160 m²
Land Plot
680 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 9.2% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score79
GradeA
Brixfox Intelligence
79AExcellent
Score Breakdown
ROI & Yield87%
Capital Growth83%
Risk Profile80%
Market Demand79%

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
+13.0%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$122K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
9.2%
$5,417/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
10.9 yr
Rental only

Property details

Energy: Not indicated
Condition: good

Description

**Historic House in Silves to Renovate – A Rare Gem Not to Be Missed! ** Exclusivity Exceptional location on the heights of Silves, in a quiet private lan just a few steps from the famous Silves Castle. This character property enjoys a rare and highly sought-after setting, with a section of the city’s historic walls f

Income Breakdown

Adjust Forecast

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Nightly Rate (ADR)
$591/night
50% ($272)Brixfox estimate($591/night)200% ($1088)
Occupancy
59%
10%Brixfox estimate(59%)100%

Short-Term Rental

Yearly income
$64,998
Airbnb data$591/night · 59% occupancy
Rental income
$591/night · 59% occ.
$127,374
Running costs (20%)
Utilities, cleaning, maintenance
-$25,475
Income tax (10%)
Indonesian rental income tax
-$35,665
Property tax
Annual property tax
-$1,236
Net income
9.2% ROI
$64,998

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$706,522
IMT (transfer tax, investment schedule)$42,391
Imposto de Selo (stamp duty)$5,652
Notary & registration$1,359
Legal / due diligence$10,598
Total acquisition costs$60,000
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$9,565
($5,217–$13,913)
Furnishing & STR launch
5bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$44,457
All-in investment$820,543

Gross yield (asking)

18.0%

True gross yield (all-in)

15.5%

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.

$5.7M$4.3M$2.8M$1.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $650K
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 10: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$791K
+22%
Rental Income
+$317K
Total Position
$1.1M
+71%
11.3%/yr
Year 10
Capital Value
$962K
+48%
Rental Income
+$686K
Total Position
$1.6M
+153%
9.7%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$1.6M
Total Position
$3.0M
+366%
8.0%/yr
Year 30
Capital Value
$2.1M
+224%
Rental Income
+$2.8M
Total Position
$5.0M
+662%
7.0%/yr

Location

Silves

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.2% annual return
Occupancy
Average
59% average occupancy
Nightly Rate
Strong
$544 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
680 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.2% — outperforms most villas in this market
Premium nightly rate of $544 — positioned in the top tier
Generous 680 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 59% — factor in seasonal gaps

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

39% occ.
8.2%
$4,810/mo
49% occ.
10.3%
$6,069/mo
59% occ.
12.4%
$7,327/mo
current
69% occ.
14.6%
$8,585/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.