Detached house, N124-1, Estação de Silves - Cerro de São Miguel, Silves
Silves · Central Algarve ·
€479,500
Asking Price (EUR)
11.0%
True Net Yield (Owner, all-in)
7.6%
True Net Yield (Managed, all-in)
16.9%
True Gross Yield
55%
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.
€556,604
+16.1% over asking
| Asking price | €479,500 |
| IMT — Property transfer tax (investment schedule) | €26,190 |
| IS — Stamp duty (0.8%) | €3,836 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €7,193 |
| Total acquisition costs | €38,469 |
| Renovation (est. €55/m² × 117 m²) Light touch-ups — paint, fixtures, deep clean. | €6,435 (€3,510–€9,360) |
| Furnishing & STR launch (3bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €32,200 |
| All-in investment (incl. renovation & furnishing) | €556,604 |
Gross yield (asking price)
19.6%
True gross yield (all-in)
16.9%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
Score Breakdown
Description
DON'T MISS THIS GREAT OPPORTUNITY! FABULOUS FULLY RENOVATED 2 BEDROOM VILLA WITH LARGE LAND OF 4440M2, SEVERAL FRUIT TREES AND GARAGE, VERY WELL LOCATED IN A CALM AND QUIET AREA CLOSE TO ALL AMENITIES AND SERVICES AND JUST A FEW MINUTES FROM THE BEACHES! This fantastic villa is located in one of the calmest and most p
Location
📍 37.1631°N, 8.4453°W
· Silves, Algarve, Portugal