Detached house in Rua Dom Paio Peres Correia, Centro da Cidade, Silves
Detached house in Rua Dom Paio Peres Correia, Centro da Cidade, Silves — image 2Detached house in Rua Dom Paio Peres Correia, Centro da Cidade, Silves — image 3Detached house in Rua Dom Paio Peres Correia, Centro da Cidade, Silves — image 4Detached house in Rua Dom Paio Peres Correia, Centro da Cidade, Silves — image 5
Grade Cvillabudget

Detached house in Rua Dom Paio Peres Correia, Centro da Cidade, Silves

Silves · Central Algarve ·

€210,000

Asking Price (EUR)

1.1%

True Net Yield (Owner, all-in)

0.8%

True Net Yield (Managed, all-in)

1.7%

True Gross Yield

16%

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: €5,962/yr
Average Daily Rate: €105
-54.0% vs area baselineImage quality 2/10 (-15%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 43.4 years
5-yr Capital Value: €275,937
10-yr Capital Value: €335,719
Brixfox Score: 39.9 / 100
Comparable Properties: 4
Data Confidence: 78%
Search Radius: 2 km

True Investment Cost

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

€358,277

+70.6% over asking

Asking price€210,000
IMT — Property transfer tax (investment schedule)€5,697
IS — Stamp duty (0.8%)€1,680
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,150
Total acquisition costs€11,777
Renovation (est. €900/m² × 127 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€114,300
(€88,900–€139,700)
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)€358,277

Gross yield (asking price)

2.8%

True gross yield (all-in)

1.7%

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: 2
Building: 127 m²
Land: 63 m²
Style: dated
Condition: needs-renovation
Year Built: 1951
Energy Certificate: D

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
10.3
Visual Appeal
3.2
Ownership Security
13
Location
7.2
Land & Space
1.67
Rental Demand
1.55
Payback Speed
0
STR Suitability
3

Description

House T3 for sale.

Location

📍 37.1906°N, 8.4429°W

· Silves, Algarve, Portugal

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

Detached house in Rua Dom Paio Peres Correia, Centro da Cidade, Silves

Inventory
3 Beds
Bathrooms
2 Baths
Built Area
127 m²
Land Plot
63 m²
Tenure
Freehold
Yield Curve Status

Grade C investment — short-term rental yields 1.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score40
GradeC
Brixfox Intelligence
40CModerate
Score Breakdown
ROI & Yield44%
Capital Growth42%
Risk Profile43%
Market Demand40%

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
+5.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$39K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
1.8%
$345/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
15 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
55.1 yr
Rental only

Property details

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

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$154/night
50% ($71)Brixfox estimate($154/night)200% ($284)
Occupancy
16%
10%Brixfox estimate(16%)100%

Short-Term Rental

Yearly income
$4,144
Airbnb data$154/night · 16% occupancy
Rental income
$154/night · 16% occ.
$8,738
Running costs (20%)
Utilities, cleaning, maintenance
-$1,748
Income tax (10%)
Indonesian rental income tax
-$2,447
Property tax
Annual property tax
-$399
Net income
1.8% ROI
$4,144

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$228,261
IMT (transfer tax, investment schedule)$6,192
Imposto de Selo (stamp duty)$1,826
Notary & registration$1,359
Legal / due diligence$3,424
Total acquisition costs$12,801
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$124,239
($96,630–$151,848)
Furnishing & STR launch
3bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$21,957
All-in investment$387,258

Gross yield (asking)

3.8%

True gross yield (all-in)

2.3%

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.

$992K$744K$496K$248K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $210K
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 14: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$255K
+22%
Rental Income
+$20K
Total Position
$276K
+31%
5.6%/yr
Year 10
Capital Value
$311K
+48%
Rental Income
+$44K
Total Position
$355K
+69%
5.4%/yr
Year 20
Capital Value
$460K
+119%
Rental Income
+$102K
Total Position
$563K
+168%
5.1%/yr
Year 30
Capital Value
$681K
+224%
Rental Income
+$181K
Total Position
$863K
+311%
4.8%/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
1.8% annual return
Occupancy
Weak
16% average occupancy
Nightly Rate
Good
$142 per night
Visual Appeal
Weak
1/10 instagrammability
Size & Space
Weak
63 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 1.8% 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.
5.0%
$952/mo
40% occ.
6.7%
$1,281/mo
16% occ.
2.5%
$476/mo
current
26% occ.
4.2%
$805/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.