Detached house, Val 2204, Serra - Barragem do Arade, Silves
Silves · Central Algarve ·
€559,000
Asking Price (EUR)
7.0%
True Net Yield (Owner, all-in)
4.8%
True Net Yield (Managed, all-in)
10.8%
True Gross Yield
54%
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.
€649,227
+16.1% over asking
| Asking price | €559,000 |
| IMT — Property transfer tax (investment schedule) | €32,550 |
| IS — Stamp duty (0.8%) | €4,472 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €8,385 |
| Total acquisition costs | €46,657 |
| Renovation (est. €55/m² × 64 m²) Light touch-ups — paint, fixtures, deep clean. | €3,520 (€1,920–€5,120) |
| Furnishing & STR launch (4bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €40,050 |
| All-in investment (incl. renovation & furnishing) | €649,227 |
Gross yield (asking price)
12.5%
True gross yield (all-in)
10.8%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
Score Breakdown
Description
A truly exceptional, fully detached fully renovated property set in a charming small village, offering complete privacy with the nearest neighbour approximately 100 metres away. Ideally located just a 6-minute drive from the historic town of Silves. The property has been completely upgraded with new electrics and plumb
Location
📍 37.2168°N, 8.3915°W
· Silves, Algarve, Portugal