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Detached house in Rua de Forninhos Nn, São Marcos da Serra
Detached house in Rua de Forninhos Nn, São Marcos da Serra — image 2Detached house in Rua de Forninhos Nn, São Marcos da Serra — image 3Detached house in Rua de Forninhos Nn, São Marcos da Serra — image 4Detached house in Rua de Forninhos Nn, São Marcos da Serra — image 5
Grade Bvillabudget

Detached house in Rua de Forninhos Nn, São Marcos da Serra

Silves · Central Algarve ·

€135,000

Asking Price (EUR)

4.1%

True Net Yield (Owner, all-in)

2.4%

True Net Yield (Managed, all-in)

6.3%

True Gross Yield

31%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.9 months ago and is currently at 24% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.77, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €20,600/yr
Average Daily Rate: 180
-24.0% vs area baselineImage quality 2/10 (-15%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 24.7 years
5-yr Capital Value: €156,502
10-yr Capital Value: €181,429
Brixfox Score: 62.1 / 100
Comparable Properties: 6
Data Confidence: 79%
Search Radius: 2 km

True Investment Cost

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

€325,236

+140.9% over asking

Asking price€135,000
IMT — Property transfer tax (investment schedule)€1,681
IS — Stamp duty (0.8%)€1,080
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,025
Total acquisition costs€6,036
Renovation (est. €900/m² × 180)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.
€162,000
(€126,000€198,000)
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)€325,236

Gross yield (asking price)

15.3%

True gross yield (all-in)

6.3%

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: 180
Land: 23400
Style: portuguese-traditional
Condition: needs-renovation
Energy Certificate: Exempt
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

ruin_charmrural_setting

Score Breakdown

ROI
15.12
Visual Appeal
3.4
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
3.14
Payback Speed
3
STR Suitability
4

Description

Property Identification: ZMPT573227 House for Reconstruction with Approved PIP on a 23,400m² plot of land, São Marcos da Serra, Silves Located in the tranquil area of Forninhos, São Marcos da Serra, Silves, this exceptional property offers a unique opportunity for those seeking a lifestyle in direct contact with natu

Location

📍 37.1890°N, 8.4390°W

· Silves, Algarve, Portugal

3-bedroom freehold villa in Silves — photo 1 of 5
ZOME Albufeira
3-bedroom freehold villa in Silves — photo 2 of 5
3-bedroom freehold villa in Silves — photo 3 of 5
3-bedroom freehold villa in Silves — photo 4 of 5
3-bedroom freehold villa in Silves — photo 5 of 5

Detached house in Rua de Forninhos Nn, São Marcos da Serra

Silves · Central Algarve · Ref BF-5184 Source verified · ZOME Albufeira · listed 2 Jun 2026
Asking price · Freehold
$146,739
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
180 m²
Land
23400 m²
True net yield
4.0%
$1,462/mo net after costs & tax
5-yr total return (net + appreciation)
13.3% / yr avg
Payback in ~25 yrs from rent
Brixfox Score 62 · B

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Silves

Central Algarve, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Energy: Exempt
Condition: needs-renovation

Description

Property Identification: ZMPT573227 House for Reconstruction with Approved PIP on a 23,400m² plot of land, São Marcos da Serra, Silves Located in the tranquil area of Forninhos, São Marcos da Serra, Silves, this exceptional property offers a unique opportunity for those seeking a lifestyle in direct contact with natu

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$253/night
50% ($116)Brixfox estimate($253/night)200% ($466)
Occupancy
31%
10%Brixfox estimate(31%)100%

Short-Term Rental

Indicative
Yearly income
$13,943
Likely range $8,366$19,521
Airbnb data$253/night · 31% occupancy
Rental income
$253/night · 31% occ.
$26,814
Running costs (20%)
Utilities, cleaning, maintenance
-$5,363
Income tax (10%)
Indonesian rental income tax
-$7,508
Property tax
Annual property tax
-$0
Net income
9.5% ROI
$13,943

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

4.0%

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
9.1%
7.9%
Fully-managed
5.3%
4.0%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

13.9%

Annual Revenue

$26,814

Income Tax / yr

$2,347

Payback

25 yrs

True All-In Cost
Asking price$146,739
IMT — transfer tax (non-resident 7.5%)$11,005
Stamp duty (0.8%)$1,174
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$192,277

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Silves.

$1.2M$904K$603K$301K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $135K
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
$164K
+22%
Rental Income
+$68K
Total Position
$232K
+72%
11.5%/yr
Year 10
Capital Value
$200K
+48%
Rental Income
+$147K
Total Position
$347K
+157%
9.9%/yr
Year 20
Capital Value
$296K
+119%
Rental Income
+$345K
Total Position
$640K
+374%
8.1%/yr
Year 30
Capital Value
$438K
+224%
Rental Income
+$610K
Total Position
$1.0M
+676%
7.1%/yr
Turnkey Management

Your property, professionally managed

Buying from abroad? You won't lift a finger. A vetted local management partner is already connected to this listing — ready to run it as a short-stay rental from day one, so the Managed projections above are something you can actually rely on.

Vetted by Brixfox 8+ yrs operating 110+ properties managed ~2h guest response

Atlantic Stays Management

Vetted

Alojamento Local management, Lisbon to the Algarve

22%
Management fee
of rental revenue — already in your Managed figures

End-to-end AL management for international owners. We handle the licence, the platforms and the guests so your second home pays for itself.

What the fee covers

  • Listing setup & optimisation (Airbnb, Booking.com, VRBO)
  • Dynamic pricing & revenue management
  • 24/7 multilingual guest communication
  • Guided check-in / check-out & key handling
  • Professional cleaning, laundry & restocking
  • Maintenance & repairs coordination
  • Monthly owner statements & payouts
  • Guest screening & damage protection
  • Alojamento Local (AL) licence handling & renewals
  • SEF/AIMA guest registration & tourist-tax filing
Visit Atlantic Stays Management

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
9.5% annual return
Occupancy
Weak
31% average occupancy
Nightly Rate
Strong
$233 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Strong
23400 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 9.5% — outperforms most villas in this market
Premium nightly rate of $233 — positioned in the top tier
Generous 23400 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 31% — 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

30% occ.
13.2%
$1,616/mo
40% occ.
17.6%
$2,155/mo
31% occ.
13.8%
$1,689/mo
current
41% occ.
18.2%
$2,228/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. Market factors in Portugal may impact actual yields.