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Terraced house in Rua Nova da Boa Vista, 55, Zona Histórica, Silves
Terraced house in Rua Nova da Boa Vista, 55, Zona Histórica, Silves — image 2Terraced house in Rua Nova da Boa Vista, 55, Zona Histórica, Silves — image 3Terraced house in Rua Nova da Boa Vista, 55, Zona Histórica, Silves — image 4Terraced house in Rua Nova da Boa Vista, 55, Zona Histórica, Silves — image 5
Grade Bvillaluxury

Terraced house in Rua Nova da Boa Vista, 55, Zona Histórica, Silves

Silves · Central Algarve ·

€600,000

Asking Price (EUR)

4.0%

True Net Yield (Owner, all-in)

2.6%

True Net Yield (Managed, all-in)

5.7%

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: €39,891/yr
Average Daily Rate: €315
+33.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%), Luxury finish (+8%)
Payback Period: 38.5 years
5-yr Capital Value: €695,564
10-yr Capital Value: €806,350
Brixfox Score: 57.3 / 100
Comparable Properties: 6
Data Confidence: 79%
Search Radius: 2 km

True Investment Cost

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

€704,180

+17.4% over asking

Asking price€600,000
IMT — Property transfer tax (investment schedule)€35,830
IS — Stamp duty (0.8%)€4,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,000
Total acquisition costs€50,880
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€53,300
All-in investment (incl. renovation & furnishing)€704,180

Gross yield (asking price)

6.7%

True gross yield (all-in)

5.7%

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: 3
Bathrooms: 4
Building: 147 m²
Land: 147 m²
Style: contemporary
Condition: excellent
Year Built: 2023
Energy Certificate: A
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

modern facade with geometric accentsmultiple private pools/plunge poolsterraced design with glass railingsrooftop terraces with panoramic viewsintegrated solar panels

Score Breakdown

ROI
10.1
Visual Appeal
14.8
Ownership Security
13
Location
7.2
Land & Space
3.69
Rental Demand
3.47
Payback Speed
1
STR Suitability
4

Description

This turnkey property was fully renovated in 2023 to high quality standards, featuring an architectural design by the prestigious StudioArt. Located in the historic area of Silves and benefiting from a privileged sun exposure, this exceptional three-storey villa with three en-suite bedrooms offers privacy, comfort, ge

Location

📍 37.1893°N, 8.4416°W

· Silves, Algarve, Portugal

Listed via Idealista.pt
3-bedroom freehold villa in Silves — photo 1 of 5
Idealista.pt
3-bedroom freehold villa in Silves — photo 2 of 5
3-bedroom freehold villa in Silves — photo 3 of 5
3-bedroom freehold villa in Silves — photo 4 of 5
3-bedroom freehold villa in Silves — photo 5 of 5

Terraced house in Rua Nova da Boa Vista, 55, Zona Histórica, Silves

Silves · Central Algarve · Ref BF-5788 Source verified · Idealista.pt · listed 3 Jun 2026
Asking price · Freehold
$652,174
Ownership
Freehold
Bedrooms
3
Bathrooms
4
Built area
147 m²
Land
147 m²
True net yield
2.6%
≈ $3,069/mo net after costs & tax
5-yr total return (net + appreciation)
7.9% / yr avg
Payback in ~38 yrs from rent
Brixfox Score 57 · B

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: 2023
Energy: A
Condition: excellent

Description

This turnkey property was fully renovated in 2023 to high quality standards, featuring an architectural design by the prestigious StudioArt. Located in the historic area of Silves and benefiting from a privileged sun exposure, this exceptional three-storey villa with three en-suite bedrooms offers privacy, comfort, ge

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)
$443/night
50% ($204)Brixfox estimate($443/night)200% ($815)
Occupancy
35%
10%Brixfox estimate(35%)100%

Short-Term Rental

Indicative
Yearly income
$27,014
Likely range $16,209 – $37,820
Airbnb data$443/night · 35% occupancy
Rental income
$443/night · 35% occ.
$51,950
Running costs (20%)
Utilities, cleaning, maintenance
-$10,390
Income tax (10%)
Indonesian rental income tax
-$14,546
Property tax
Annual property tax
-$0
Net income
4.1% ROI
$27,014

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

2.6%

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
5.0%
4.3%
Fully-managed
3.2%
2.6%
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

7.0%

Annual Revenue

$51,950

Income Tax / yr

$4,546

Payback

38 yrs

True All-In Cost
Asking price$652,174
IMT — transfer tax (non-resident 7.5%)$48,913
Stamp duty (0.8%)$5,217
Notary + registry$2,174
Legal$8,022
Furnishing + STR launch$27,174
All-in cost$743,674

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Silves.

$3.6M$2.7M$1.8M$899K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $600K
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 19: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$730K
+22%
Rental Income
+$132K
Total Position
$862K
+44%
7.5%/yr
Year 10
Capital Value
$888K
+48%
Rental Income
+$285K
Total Position
$1.2M
+96%
6.9%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$668K
Total Position
$2.0M
+230%
6.2%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$1.2M
Total Position
$3.1M
+421%
5.7%/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

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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
4.1% annual return
Occupancy
Weak
35% average occupancy
Nightly Rate
Strong
$408 per night
Visual Appeal
Strong
9/10 instagrammability
Size & Space
Weak
147 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $408 — positioned in the top tier
Stunning visuals with 9/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.1% 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.
5.2%
$2,830/mo
40% occ.
6.9%
$3,774/mo
35% occ.
6.0%
$3,273/mo
current
45% occ.
7.8%
$4,216/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.