House in São Bartolomeu de Messines, Silves
Silves · Central Algarve ·
€585,000
Asking Price (EUR)
6.0%
True Net Yield (Owner, all-in)
4.2%
True Net Yield (Managed, all-in)
9.3%
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.
€782,835
+33.8% over asking
| Asking price | €585,000 |
| IMT — Property transfer tax (investment schedule) | €34,630 |
| IS — Stamp duty (0.8%) | €4,680 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €8,775 |
| Total acquisition costs | €49,335 |
| Renovation (est. €55/m² × 1920 m²) Light touch-ups — paint, fixtures, deep clean. | €105,600 (€57,600–€153,600) |
| 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) | €782,835 |
Gross yield (asking price)
12.4%
True gross yield (all-in)
9.3%
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
Design Features
Score Breakdown
Description
We present this excellent 4 bedroom villa, located in Benaciate, a few kilometers from São Bartolomeu de Messines, where you can find all services, commerce, schools and restaurants. The property is set on a plot of about 2000 m², fully fenced and with excellent outdoor use. It has a beautiful garden, private pool and
Location
📍 37.2223°N, 8.3074°W
· Silves, Algarve, Portugal