Detached house, Fazenda da Caravela, 1, Caravela, Alcantarilha e Pêra
Silves · Central Algarve ·
€749,000
Asking Price (EUR)
7.9%
True Net Yield (Owner, all-in)
5.4%
True Net Yield (Managed, all-in)
12.1%
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.
+15.0% vs area baselinePortuguese-traditional style (+5%), Has pool (0%), Has view (+10%)
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€866,327
+15.7% over asking
| Asking price | €749,000 |
| IMT — Property transfer tax (investment schedule) | €44,940 |
| IS — Stamp duty (0.8%) | €5,992 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €11,235 |
| Total acquisition costs | €63,417 |
| Renovation (est. €55/m² × 252 m²) Light touch-ups — paint, fixtures, deep clean. | €13,860 (€7,560–€20,160) |
| Furnishing & STR launch (4bd × €4500 base, mid-range tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €40,050 |
| All-in investment (incl. renovation & furnishing) | €866,327 |
Gross yield (asking price)
14.0%
True gross yield (all-in)
12.1%
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
2 Villas with pool for sale in the Fazenda Caravela urbanization, set in a large plot of fully buildable land. This property comprises 2 villas with 2 bedrooms each. The surrounding land is surrounded by terraces and balconies perfect for moments of relaxation and leisure. The pool embraces the 2 villas which are joine
Location
📍 37.1694°N, 8.3604°W
· Silves, Algarve, Portugal