Detached house, Val 2243, São Bartolomeu de Messines, Silves
Silves · Central Algarve ·
€68,000
Asking Price (EUR)
7.3%
True Net Yield (Owner, all-in)
5.1%
True Net Yield (Managed, all-in)
11.2%
True Gross Yield
66%
Occupancy
Projections — conservative (data maturing)
Our Airbnb calendar dataset started 0.9 months ago and is currently at 7% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.72, occupancy cap 66%) that auto-fades to full fidelity by April 2027.
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€171,824
+152.7% over asking
| Asking price | €68,000 |
| IMT — Property transfer tax (investment schedule) | €680 |
| IS — Stamp duty (0.8%) | €544 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €1,500 |
| Total acquisition costs | €3,974 |
| Renovation (est. €900/m² × 90 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €81,000 (€63,000–€99,000) |
| Furnishing & STR launch (2bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €18,850 |
| All-in investment (incl. renovation & furnishing) | €171,824 |
Gross yield (asking price)
28.4%
True gross yield (all-in)
11.2%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
Score Breakdown
Description
Property ID: ZMPT585353 Fantastic semi-detached house for renovation, on a 10,800m2 plot, in Sapeira, São Marcos da Serra. The house consists of 8 rooms and an exterior annex on the land for animals. Electricity is available on site. Magnificent unobstructed view over a part of the Odelouca Dam basin. Book your visit
Location
📍 37.3060°N, 8.2637°W
· Silves, Algarve, Portugal