Detached house, Em510, São Bartolomeu de Messines, Silves
Silves · Central Algarve ·
€210,000
Asking Price (EUR)
4.1%
True Net Yield (Owner, all-in)
2.8%
True Net Yield (Managed, all-in)
6.3%
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.
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€353,777
+68.5% over asking
| Asking price | €210,000 |
| IMT — Property transfer tax (investment schedule) | €5,697 |
| IS — Stamp duty (0.8%) | €1,680 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €3,150 |
| Total acquisition costs | €11,777 |
| Renovation (est. €900/m² × 122 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €109,800 (€85,400–€134,200) |
| 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) | €353,777 |
Gross yield (asking price)
10.7%
True gross yield (all-in)
6.3%
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
This villa is situated on a large plot of 6,880 m², located in the picturesque parish of Messines, in the heart of the mountains and the countryside, offering a unique tranquillity and immersion in nature. The property combines rural charm with vast potential for various uses, whether as a permanent home or as a space
Location
📍 37.3128°N, 8.2236°W
· Silves, Algarve, Portugal