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Detached house in Rua de Zebro de Baixo, 1, São Bartolomeu de Messines, Silves
Detached house in Rua de Zebro de Baixo, 1, São Bartolomeu de Messines, Silves — image 2Detached house in Rua de Zebro de Baixo, 1, São Bartolomeu de Messines, Silves — image 3Detached house in Rua de Zebro de Baixo, 1, São Bartolomeu de Messines, Silves — image 4Detached house in Rua de Zebro de Baixo, 1, São Bartolomeu de Messines, Silves — image 5
Grade C+villabudget

Detached house in Rua de Zebro de Baixo, 1, São Bartolomeu de Messines, Silves

Silves · Central Algarve ·

€199,000

Asking Price (EUR)

2.2%

True Net Yield (Owner, all-in)

1.1%

True Net Yield (Managed, all-in)

3.8%

True Gross Yield

58%

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: €17,479/yr
Average Daily Rate: €82
-21.0% vs area baselineImage quality 3/10 (-12%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 55.3 years
5-yr Capital Value: €230,696
10-yr Capital Value: €267,439
Brixfox Score: 54.9 / 100
Comparable Properties: 9
Data Confidence: 61%
Search Radius: 15 km

True Investment Cost

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

€457,854

+130.1% over asking

Asking price€199,000
IMT — Property transfer tax (investment schedule)€4,927
IS — Stamp duty (0.8%)€1,592
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,985
Total acquisition costs€10,754
Renovation (est. €900/m² × 251 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€225,900
(€175,700–€276,100)
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)€457,854

Gross yield (asking price)

8.8%

True gross yield (all-in)

3.8%

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: 251 m²
Land: 2020 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1950
Energy Certificate: F
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional portuguese chimneys

Score Breakdown

ROI
7.24
Visual Appeal
5.6
Ownership Security
13
Location
7.2
Land & Space
12
Rental Demand
5.81
Payback Speed
0
STR Suitability
4

Description

SOLD Discover this beautiful farmhouse in Zebro de Baixo, Municipality of Silves, in the enchanting landscape of the Algarve. This charming Quinta offers a unique opportunity for those seeking peace, space and potential. The farm has an approved project for the renovation and extension of the main house, allowing you

Location

📍 37.3206°N, 8.2047°W

· Silves, Algarve, Portugal

Visit Century21 Realty Art →Listed via Idealista.pt
3-bedroom freehold villa in Silves — photo 1 of 5
Century21 Realty Art
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 Zebro de Baixo, 1, São Bartolomeu de Messines, Silves

Silves · Central Algarve · Ref BF-5384 Source verified · Century21 Realty Art · listed 2 Jun 2026
Asking price · Freehold
$216,304
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
251 m²
Land
2020 m²
True net yield
1.8%
≈ $1,114/mo net after costs & tax
5-yr total return (net + appreciation)
9.2% / yr avg
Payback in ~55 yrs from rent
Brixfox Score 55 · C+

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

Year built: 1950
Energy: F
Condition: needs-renovation

Description

SOLD Discover this beautiful farmhouse in Zebro de Baixo, Municipality of Silves, in the enchanting landscape of the Algarve. This charming Quinta offers a unique opportunity for those seeking peace, space and potential. The farm has an approved project for the renovation and extension of the main house, allowing you

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)
$116/night
50% ($53)Brixfox estimate($116/night)200% ($213)
Occupancy
58%
10%Brixfox estimate(58%)100%

Short-Term Rental

Indicative
Yearly income
$11,838
Likely range $7,103 – $16,573
Airbnb data$116/night · 58% occupancy
Rental income
$116/night · 58% occ.
$22,765
Running costs (20%)
Utilities, cleaning, maintenance
-$4,553
Income tax (10%)
Indonesian rental income tax
-$6,374
Property tax
Annual property tax
-$0
Net income
5.5% ROI
$11,838

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

1.8%

on all-in cost of $267,616

Scenario
Pre-tax
After-tax
Owner-managed
5.0%
4.3%
Fully-managed
2.5%
1.8%
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

8.5%

Annual Revenue

$22,765

Income Tax / yr

$1,992

Payback

55 yrs

True All-In Cost
Asking price$216,304
IMT — transfer tax (non-resident 7.5%)$16,223
Stamp duty (0.8%)$1,730
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$267,616

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Silves.

$1.3M$1.0M$669K$335K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $199K
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 15: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$242K
+22%
Rental Income
+$58K
Total Position
$300K
+51%
8.6%/yr
Year 10
Capital Value
$295K
+48%
Rental Income
+$125K
Total Position
$419K
+111%
7.7%/yr
Year 20
Capital Value
$436K
+119%
Rental Income
+$293K
Total Position
$729K
+266%
6.7%/yr
Year 30
Capital Value
$645K
+224%
Rental Income
+$518K
Total Position
$1.2M
+485%
6.1%/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
Good
5.5% annual return
Occupancy
Average
58% average occupancy
Nightly Rate
Average
$107 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Strong
2020 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Generous 2020 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 58% — 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

38% occ.
5.2%
$941/mo
48% occ.
6.6%
$1,187/mo
58% occ.
8.0%
$1,434/mo
current
68% occ.
9.3%
$1,681/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.