Detached house in São Bartolomeu de Messines, Silves
Silves · Central Algarve ·
€365,000
Asking Price (EUR)
9.8%
True Net Yield (Owner, all-in)
6.8%
True Net Yield (Managed, all-in)
15.1%
True Gross Yield
59%
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.
-3.0% vs area baselineImage quality 5/10 (-6%), Portuguese-traditional style (+5%), Has pool (0%), Has view (+10%), Budget finish (-12%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€614,125
+68.3% over asking
| Asking price | €365,000 |
| IMT — Property transfer tax (investment schedule) | €17,030 |
| IS — Stamp duty (0.8%) | €2,920 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €5,475 |
| Total acquisition costs | €26,675 |
| Renovation (est. €900/m² × 216 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €194,400 (€151,200–€237,600) |
| Furnishing & STR launch (4bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €28,050 |
| All-in investment (incl. renovation & furnishing) | €614,125 |
Gross yield (asking price)
25.4%
True gross yield (all-in)
15.1%
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
4 Bedroom House with garage, on a 3720sqm plot, located in the Village of Amorosa, next to S B Messines. Good investment opportunity! The house has 216sqm, is detached and consists of living room, 4 bedrooms, kitchen, a shower room and an extra bathroom outside. It has an attic area that can be used to expand the livi
Location
📍 37.2564°N, 8.2877°W
· Silves, Algarve, Portugal