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Semi-detached house in Rua de Mouricão, São Bartolomeu de Messines, Silves
Semi-detached house in Rua de Mouricão, São Bartolomeu de Messines, Silves — image 2Semi-detached house in Rua de Mouricão, São Bartolomeu de Messines, Silves — image 3Semi-detached house in Rua de Mouricão, São Bartolomeu de Messines, Silves — image 4Semi-detached house in Rua de Mouricão, São Bartolomeu de Messines, Silves — image 5
Grade Bvillamid-range

Semi-detached house in Rua de Mouricão, São Bartolomeu de Messines, Silves

Silves · Central Algarve ·

€485,000

Asking Price (EUR)

3.0%

True Net Yield (Owner, all-in)

1.7%

True Net Yield (Managed, all-in)

4.7%

True Gross Yield

56%

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: €26,512/yr
Average Daily Rate: €130
+22.0% vs area baselineModern/contemporary style (+12%), Has pool (0%), Has view (+10%)
Payback Period: 62.5 years
5-yr Capital Value: €562,248
10-yr Capital Value: €651,799
Brixfox Score: 61.6 / 100
Comparable Properties: 6
Data Confidence: 58%
Search Radius: 6 km

True Investment Cost

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

€564,110

+16.3% over asking

Asking price€485,000
IMT — Property transfer tax (investment schedule)€26,630
IS — Stamp duty (0.8%)€3,880
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,275
Total acquisition costs€39,035
Renovation (est. €55/m² × 195 m²)
Light touch-ups — paint, fixtures, deep clean.		€10,725
(€5,850–€15,600)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€29,350
All-in investment (incl. renovation & furnishing)€564,110

Gross yield (asking price)

5.5%

True gross yield (all-in)

4.7%

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: 2
Bathrooms: 2
Building: 195 m²
Land: 1120 m²
Style: contemporary
Condition: good
Year Built: 1951
Energy Certificate: B-
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large private pool areaspacious outdoor livingeclectic interior decorrural landscape views

Score Breakdown

ROI
6.4
Visual Appeal
13.4
Ownership Security
13
Location
7.2
Land & Space
12
Rental Demand
5.59
Payback Speed
0
STR Suitability
4

Description

Welcome to Casa das Patas – A Unique Country Retreat Discover this enchanting country home, full of character and charm, nestled in the heart of the countryside. From the moment you arrive, you’ll be captivated by its natural beauty, tranquil setting, and creative touches that make it truly one-of-a-kind. The property

Location

📍 37.2123°N, 8.2489°W

· Silves, Algarve, Portugal

Visit Century21 Realty Art →Listed via Idealista.pt
2-bedroom freehold villa in Silves — photo 1 of 5
Century21 Realty Art
2-bedroom freehold villa in Silves — photo 2 of 5
2-bedroom freehold villa in Silves — photo 3 of 5
2-bedroom freehold villa in Silves — photo 4 of 5
2-bedroom freehold villa in Silves — photo 5 of 5

Semi-detached house in Rua de Mouricão, São Bartolomeu de Messines, Silves

Silves · Central Algarve · Ref BF-5466 Source verified · Century21 Realty Art · listed 2 Jun 2026
Asking price · Freehold
$527,174
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
195 m²
Land
1120 m²
True net yield
1.6%
≈ $1,821/mo net after costs & tax
5-yr total return (net + appreciation)
7.2% / yr avg
Payback in ~62 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

Year built: 1951
Energy: B-
Condition: good

Description

Welcome to Casa das Patas – A Unique Country Retreat Discover this enchanting country home, full of character and charm, nestled in the heart of the countryside. From the moment you arrive, you’ll be captivated by its natural beauty, tranquil setting, and creative touches that make it truly one-of-a-kind. The property

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)
$183/night
50% ($84)Brixfox estimate($183/night)200% ($336)
Occupancy
56%
10%Brixfox estimate(56%)100%

Short-Term Rental

Indicative
Yearly income
$17,948
Likely range $10,770 – $25,128
Airbnb data$183/night · 56% occupancy
Rental income
$183/night · 56% occ.
$34,516
Running costs (20%)
Utilities, cleaning, maintenance
-$6,903
Income tax (10%)
Indonesian rental income tax
-$9,665
Property tax
Annual property tax
-$0
Net income
3.4% ROI
$17,948

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

1.6%

on all-in cost of $606,762

Scenario
Pre-tax
After-tax
Owner-managed
3.6%
3.1%
Fully-managed
2.1%
1.6%
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

5.7%

Annual Revenue

$34,516

Income Tax / yr

$3,021

Payback

62 yrs

True All-In Cost
Asking price$527,174
IMT — transfer tax (non-resident 7.5%)$39,538
Stamp duty (0.8%)$4,217
Notary + registry$2,174
Legal$6,485
Furnishing + STR launch$27,174
All-in cost$606,762

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Silves.

$2.7M$2.0M$1.4M$678K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $485K
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 22: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$590K
+22%
Rental Income
+$88K
Total Position
$678K
+40%
6.9%/yr
Year 10
Capital Value
$718K
+48%
Rental Income
+$189K
Total Position
$907K
+87%
6.5%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$444K
Total Position
$1.5M
+211%
5.8%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$786K
Total Position
$2.4M
+386%
5.4%/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
Average
3.4% annual return
Occupancy
Average
56% average occupancy
Nightly Rate
Good
$168 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Strong
1120 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Generous 1120 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
Yield of 3.4% is near the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

36% occ.
3.2%
$1,397/mo
46% occ.
4.1%
$1,786/mo
56% occ.
4.9%
$2,174/mo
current
66% occ.
5.8%
$2,563/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.