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Semi-detached house in Rua da Porta da Azóia, 17, Zona Histórica, Silves
Semi-detached house in Rua da Porta da Azóia, 17, Zona Histórica, Silves — image 2Semi-detached house in Rua da Porta da Azóia, 17, Zona Histórica, Silves — image 3Semi-detached house in Rua da Porta da Azóia, 17, Zona Histórica, Silves — image 4Semi-detached house in Rua da Porta da Azóia, 17, Zona Histórica, Silves — image 5
Grade Dvillabudget

Semi-detached house in Rua da Porta da Azóia, 17, Zona Histórica, Silves

Silves · Central Algarve ·

€145,000

Asking Price (EUR)

0.9%

True Net Yield (Owner, all-in)

0.0%

True Net Yield (Managed, all-in)

3.9%

True Gross Yield

35%

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: €7,891/yr
Average Daily Rate: €61
-31.0% vs area baselineImage quality 3/10 (-12%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 99.0 years
5-yr Capital Value: €168,095
10-yr Capital Value: €194,868
Brixfox Score: 33.8 / 100
Comparable Properties: 10
Data Confidence: 83%
Search Radius: 2 km

True Investment Cost

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

€204,033

+40.7% over asking

Asking price€145,000
IMT — Property transfer tax (investment schedule)€2,048
IS — Stamp duty (0.8%)€1,160
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,175
Total acquisition costs€6,633
Renovation (est. €900/m² × 41 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€36,900
(€28,700–€45,100)
Furnishing & STR launch (1bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€15,500
All-in investment (incl. renovation & furnishing)€204,033

Gross yield (asking price)

5.4%

True gross yield (all-in)

3.9%

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: 1
Bathrooms: 1
Building: 41 m²
Land: 50 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1970
Energy Certificate: Exempt

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

traditional blue and white facade

Score Breakdown

ROI
0
Visual Appeal
3.6
Ownership Security
13
Location
7.2
Land & Space
2.43
Rental Demand
3.53
Payback Speed
0
STR Suitability
4

Description

T1 house located in the old town of Silves Castle offers a unique experience of living in a historical environment, surrounded by the rich cultural heritage of one of the most charming cities in the Algarve. House Features: Type: T1 (One bedroom). Location: Old town of Silves Castle, Algarve. Environment: Historical a

Location

📍 37.1903°N, 8.4406°W

· Silves, Algarve, Portugal

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

Semi-detached house in Rua da Porta da Azóia, 17, Zona Histórica, Silves

Silves · Central Algarve · Ref BF-5592 Source verified · Century21 Realty Art 2 · listed 2 Jun 2026
Asking price · Freehold
$157,609
View original listing
Ownership
Freehold
Bedrooms
1
Bathrooms
1
Built area
41 m²
Land
50 m²
5-yr total return (net + appreciation)
7.1% / yr avg
Payback in ~99 yrs from rent
Brixfox Score 34 · D

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

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Property details

Year built: 1970
Energy: Exempt
Condition: needs-renovation

Description

T1 house located in the old town of Silves Castle offers a unique experience of living in a historical environment, surrounded by the rich cultural heritage of one of the most charming cities in the Algarve. House Features: Type: T1 (One bedroom). Location: Old town of Silves Castle, Algarve. Environment: Historical a

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)
$86/night
50% ($40)Brixfox estimate($86/night)200% ($159)
Occupancy
35%
10%Brixfox estimate(35%)100%

Short-Term Rental

Indicative
Yearly income
$5,345
Likely range $3,208 – $7,484
Airbnb data$86/night · 35% occupancy
Rental income
$86/night · 35% occ.
$10,279
Running costs (20%)
Utilities, cleaning, maintenance
-$2,056
Income tax (10%)
Indonesian rental income tax
-$2,878
Property tax
Annual property tax
-$0
Net income
3.4% ROI
$5,345

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

0.0%

on all-in cost of $204,049

Scenario
Pre-tax
After-tax
Owner-managed
1.2%
0.8%
Fully-managed
0.0%
0.0%
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

5.0%

Annual Revenue

$10,279

Income Tax / yr

$899

Payback

—

True All-In Cost
Asking price$157,609
IMT — transfer tax (non-resident 7.5%)$11,821
Stamp duty (0.8%)$1,261
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$204,049

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Silves.

$810K$607K$405K$202K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $145K
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
$176K
+22%
Rental Income
+$26K
Total Position
$203K
+40%
6.9%/yr
Year 10
Capital Value
$215K
+48%
Rental Income
+$56K
Total Position
$271K
+87%
6.5%/yr
Year 20
Capital Value
$318K
+119%
Rental Income
+$132K
Total Position
$450K
+210%
5.8%/yr
Year 30
Capital Value
$470K
+224%
Rental Income
+$234K
Total Position
$704K
+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
Weak
35% average occupancy
Nightly Rate
Average
$79 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Weak
50 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

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

30% occ.
4.2%
$551/mo
40% occ.
5.6%
$735/mo
35% occ.
4.9%
$648/mo
current
45% occ.
6.3%
$831/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.