Detached house in Armação de Pêra, Silves
Silves · Central Algarve ·
€985,000
Asking Price (EUR)
6.6%
True Net Yield (Owner, all-in)
4.6%
True Net Yield (Managed, all-in)
10.2%
True Gross Yield
61%
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.
-10.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€1.1M
+13.5% over asking
| Asking price | €985,000 |
| IMT — Property transfer tax (investment schedule) | €59,100 |
| IS — Stamp duty (0.8%) | €7,880 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €14,775 |
| Total acquisition costs | €83,005 |
| Renovation (est. €55/m² × 120 m²) Light touch-ups — paint, fixtures, deep clean. | €6,600 (€3,600–€9,600) |
| Furnishing & STR launch (5bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €42,900 |
| All-in investment (incl. renovation & furnishing) | €1.1M |
Gross yield (asking price)
11.6%
True gross yield (all-in)
10.2%
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
Modern Country Estate with 3 Independent Dwellings | 1 Hectare | Pool | 3km from Beach – Algarve A rare opportunity to own a fully renovated rural estate combining traditional Portuguese charm with modern technology and energy efficiency. Located just 3 km from the beaches and promenade of Armação de Pêra, and under 3
Location
📍 37.1213°N, 8.3724°W
· Silves, Algarve, Portugal