Detached house in Rua da Liberdade, São Bartolomeu de Messines, Silves
Silves · Central Algarve ·
€365,000
Asking Price (EUR)
1.0%
True Net Yield (Owner, all-in)
0.7%
True Net Yield (Managed, all-in)
1.5%
True Gross Yield
59%
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.
-38.0% vs area baselineImage quality 4/10 (-9%), Dated style (-15%), No pool (-12%), Has view (+10%), Budget finish (-12%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€4.0M
+984.8% over asking
| Asking price | €365,000 |
| IMT — Property transfer tax (investment schedule) | €17,030 |
| IS — Stamp duty (0.8%) | €2,920 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €5,475 |
| Total acquisition costs | €26,675 |
| Renovation (est. €900/m² × 3936 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €3.5M (€2.8M–€4.3M) |
| 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) | €4.0M |
Gross yield (asking price)
16.0%
True gross yield (all-in)
1.5%
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
Score Breakdown
Description
**Independent House for Sale - Unique Opportunity! ** Discover this detached house with excellent potential for renovation, located in a quiet and pleasant area, just 5 minutes from the village of Bartolomeu de Messines and about 15 km from the historic city of Silves. Comprising two floors, this house offers multiple
Location
📍 37.2543°N, 8.2854°W
· Silves, Algarve, Portugal