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

Terraced house in São Marcos da Serra, Silves

Silves · Central Algarve ·

€350,000

Asking Price (EUR)

Limited comps — indicative only

Revenue projections are based on limited comparable data (1 comps, 26% confidence).

0.2%

True Net Yield (Owner, all-in)

0.1%

True Net Yield (Managed, all-in)

0.2%

True Gross Yield

3%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 15% 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: €1,348/yr
Average Daily Rate: €120
-38.0% vs area baselineImage quality 4/10 (-9%), Dated style (-15%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 320.3 years
5-yr Capital Value: €459,895
10-yr Capital Value: €559,532
Brixfox Score: 45.8 / 100
Comparable Properties: 1
Data Confidence: 26%
Search Radius: 15 km

True Investment Cost

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

€547,380

+56.4% over asking

Asking price€350,000
IMT — Property transfer tax (investment schedule)€15,830
IS — Stamp duty (0.8%)€2,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,250
Total acquisition costs€25,130
Renovation (est. €900/m² × 163 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€146,700
(€114,100–€179,300)
Furnishing & STR launch (4bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€25,550
All-in investment (incl. renovation & furnishing)€547,380

Gross yield (asking price)

0.4%

True gross yield (all-in)

0.2%

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: 1
Building: 163 m²
Land: 350 m²
Style: dated
Condition: needs-renovation
Energy Certificate: E
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional patterned floor tiles in hallwayexterior balcony

Score Breakdown

ROI
7.44
Visual Appeal
6.4
Ownership Security
13
Location
7.2
Land & Space
8.46
Rental Demand
0.31
Payback Speed
0
STR Suitability
3

Description

5-bedroom house set on a 350m² plot with an annex. Located in São Marcos da Serra in Silves, a typical village in the Alentejo and Algarve region. Excellent for spending weekends or holidays. It has the potential to improve the surrounding space.

Location

📍 37.3613°N, 8.3786°W

· Silves, Algarve, Portugal

View on ERA BENFICA →Also on Idealista.pt
Idealista.pt
Silves / Central Algarve

Terraced house in São Marcos da Serra, Silves

Inventory
4 Beds
Bathrooms
1 Baths
Built Area
163 m²
Land Plot
350 m²
Tenure
Freehold
Yield Curve Status

Grade C+ investment — short-term rental yields 0.1% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score46
GradeC+
Brixfox Intelligence
46C+Moderate
Score Breakdown
ROI & Yield51%
Capital Growth48%
Risk Profile49%
Market Demand46%

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
+3.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$66K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
0.1%
$30/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
20 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
—
Rental only

Property details

Energy: E
Condition: needs-renovation

Description

5-bedroom house set on a 350m² plot with an annex. Located in São Marcos da Serra in Silves, a typical village in the Alentejo and Algarve region. Excellent for spending weekends or holidays. It has the potential to improve the surrounding space.

Income Breakdown

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Nightly Rate (ADR)
$175/night
50% ($81)Brixfox estimate($175/night)200% ($323)
Occupancy
3%
10%Brixfox estimate(3%)100%

Short-Term Rental

Yearly income
$361
Airbnb data$175/night · 3% occupancy
Rental income
$175/night · 3% occ.
$1,974
Running costs (20%)
Utilities, cleaning, maintenance
-$395
Income tax (10%)
Indonesian rental income tax
-$553
Property tax
Annual property tax
-$666
Net income
0.1% ROI
$361

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$380,435
IMT (transfer tax, investment schedule)$17,207
Imposto de Selo (stamp duty)$3,043
Notary & registration$1,359
Legal / due diligence$5,707
Total acquisition costs$27,315
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$159,457
($124,022–$194,891)
Furnishing & STR launch
4bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$25,598
All-in investment$592,804

Gross yield (asking)

0.5%

True gross yield (all-in)

0.3%

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.

$1.4M$1.1M$705K$352K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $350K
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.
2x return
Year 18: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$426K
+22%
Rental Income
+$2K
Total Position
$428K
+22%
4.1%/yr
Year 10
Capital Value
$518K
+48%
Rental Income
+$4K
Total Position
$522K
+49%
4.1%/yr
Year 20
Capital Value
$767K
+119%
Rental Income
+$9K
Total Position
$776K
+122%
4.1%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$16K
Total Position
$1.2M
+229%
4.0%/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
Weak
0.1% annual return
Occupancy
Weak
3% average occupancy
Nightly Rate
Good
$161 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Good
350 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 0.1% is below the market average — model your cashflow carefully

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
3.4%
$1,064/mo
40% occ.
4.5%
$1,437/mo
3% occ.
0.2%
$59/mo
current
13% occ.
1.4%
$433/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.