Detached house in São Bartolomeu de Messines, Silves
Silves · Central Algarve ·
€698,000
Asking Price (EUR)
22.1%
True Net Yield (Owner, all-in)
15.3%
True Net Yield (Managed, all-in)
34.1%
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.
+15.0% vs area baselinePortuguese-traditional style (+5%), Has pool (0%), Has view (+10%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€833,359
+19.4% over asking
| Asking price | €698,000 |
| IMT — Property transfer tax (investment schedule) | €41,880 |
| IS — Stamp duty (0.8%) | €5,584 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €10,470 |
| Total acquisition costs | €59,184 |
| Renovation (est. €55/m² × 365 m²) Light touch-ups — paint, fixtures, deep clean. | €20,075 (€10,950–€29,200) |
| Furnishing & STR launch (7bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €56,100 |
| All-in investment (incl. renovation & furnishing) | €833,359 |
Gross yield (asking price)
40.7%
True gross yield (all-in)
34.1%
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
Spacious property of 16,600 sq meters with a 7 bedroom house with swimming pool and panoramic views overlooking the countryside, located between Silves and São Bartolomeu de Messines. Main house with 2 floors that can be divided into 2 separate and independent houses. On the ground floor there are 2 bedroom, 1 bathroom
Location
📍 37.2585°N, 8.2875°W
· Silves, Algarve, Portugal