House in Rua da Ribeira, São Marcos da Serra, Silves
House in Rua da Ribeira, São Marcos da Serra, Silves — image 2House in Rua da Ribeira, São Marcos da Serra, Silves — image 3House in Rua da Ribeira, São Marcos da Serra, Silves — image 4House in Rua da Ribeira, São Marcos da Serra, Silves — image 5
Grade Bvillabudget

House in Rua da Ribeira, São Marcos da Serra, Silves

Silves · Central Algarve ·

€89,000

Asking Price (EUR)

Limited comps — indicative only

Revenue projections are based on limited comparable data (2 comps, 40% confidence).

3.5%

True Net Yield (Owner, all-in)

2.4%

True Net Yield (Managed, all-in)

5.4%

True Gross Yield

52%

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: €11,290/yr
Average Daily Rate: €60
-31.0% vs area baselineImage quality 3/10 (-12%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 9.7 years
5-yr Capital Value: €116,945
10-yr Capital Value: €142,281
Brixfox Score: 62.5 / 100
Comparable Properties: 2
Data Confidence: 40%
Search Radius: 15 km

True Investment Cost

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

€208,252

+134.0% over asking

Asking price€89,000
IMT — Property transfer tax (investment schedule)€890
IS — Stamp duty (0.8%)€712
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€1,500
Total acquisition costs€4,352
Renovation (est. €900/m² × 103 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€92,700
(€72,100–€113,300)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€22,200
All-in investment (incl. renovation & furnishing)€208,252

Gross yield (asking price)

12.7%

True gross yield (all-in)

5.4%

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: 1
Building: 103 m²
Land: 103 m²
Style: portuguese-traditional
Condition: needs-renovation
Energy Certificate: E

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
23.61
Visual Appeal
3.6
Ownership Security
13
Location
7.2
Land & Space
2.98
Rental Demand
5.15
Payback Speed
4
STR Suitability
3

Description

Unique opportunity in the heart of São Marcos da Serra! This property has enormous potential for those looking for a recovery project in the interior of the Algarve, combining tranquility, privacy, it has quick access to the IC1 national road, which easily connects to the coastal Algarve and the Alentejo. This propert

Location

📍 37.3590°N, 8.3774°W

· Silves, Algarve, Portugal

View on Patrick Schmitt Real Estate →Also on Idealista.pt
Idealista.pt
Silves / Central Algarve

House in Rua da Ribeira, São Marcos da Serra, Silves

Inventory
3 Beds
Bathrooms
1 Baths
Built Area
103 m²
Land Plot
103 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 8.7% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score63
GradeB
Brixfox Intelligence
63BStrong
Score Breakdown
ROI & Yield69%
Capital Growth66%
Risk Profile65%
Market Demand63%

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
+12.5%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$17K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.7%
$703/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
11.5 yr
Rental only

Property details

Energy: E
Condition: needs-renovation

Description

Unique opportunity in the heart of São Marcos da Serra! This property has enormous potential for those looking for a recovery project in the interior of the Algarve, combining tranquility, privacy, it has quick access to the IC1 national road, which easily connects to the coastal Algarve and the Alentejo. This propert

Income Breakdown

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Nightly Rate (ADR)
$88/night
50% ($40)Brixfox estimate($88/night)200% ($162)
Occupancy
52%
10%Brixfox estimate(52%)100%

Short-Term Rental

Yearly income
$8,430
Airbnb data$88/night · 52% occupancy
Rental income
$88/night · 52% occ.
$16,538
Running costs (20%)
Utilities, cleaning, maintenance
-$3,308
Income tax (10%)
Indonesian rental income tax
-$4,631
Property tax
Annual property tax
-$169
Net income
8.7% ROI
$8,430

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$96,739
IMT (transfer tax, investment schedule)$967
Imposto de Selo (stamp duty)$774
Notary & registration$1,359
Legal / due diligence$1,630
Total acquisition costs$4,730
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$100,761
($78,370–$123,152)
Furnishing & STR launch
3bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$21,957
All-in investment$224,187

Gross yield (asking)

17.1%

True gross yield (all-in)

7.4%

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.

$756K$567K$378K$189K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $89K
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 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$108K
+22%
Rental Income
+$41K
Total Position
$149K
+68%
10.9%/yr
Year 10
Capital Value
$132K
+48%
Rental Income
+$89K
Total Position
$221K
+148%
9.5%/yr
Year 20
Capital Value
$195K
+119%
Rental Income
+$208K
Total Position
$403K
+353%
7.8%/yr
Year 30
Capital Value
$289K
+224%
Rental Income
+$369K
Total Position
$658K
+639%
6.9%/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
Strong
8.7% annual return
Occupancy
Average
52% average occupancy
Nightly Rate
Average
$81 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Weak
103 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 8.7% — outperforms most villas in this market
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 52% — 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

32% occ.
7.1%
$576/mo
42% occ.
9.5%
$763/mo
52% occ.
11.8%
$951/mo
current
62% occ.
14.1%
$1,138/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.