House in Serra - Barragem do Arade, Silves
Silves · Central Algarve ·
€299,000
Asking Price (EUR)
5.9%
True Net Yield (Owner, all-in)
4.1%
True Net Yield (Managed, all-in)
9.1%
True Gross Yield
45%
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.
€452,604
+51.4% over asking
| Asking price | €299,000 |
| IMT — Property transfer tax (investment schedule) | €11,927 |
| IS — Stamp duty (0.8%) | €2,392 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €4,485 |
| Total acquisition costs | €20,054 |
| Renovation (est. €900/m² × 120 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €108,000 (€84,000–€132,000) |
| Furnishing & STR launch (4bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €25,550 |
| All-in investment (incl. renovation & furnishing) | €452,604 |
Gross yield (asking price)
13.8%
True gross yield (all-in)
9.1%
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
Score Breakdown
Description
We present this villa in Pinheiro e Garrado, Silves, which stands out for its enormous potential. With 120m² of covered area and 3800m² of land, this property is the perfect project for those looking to transform a residence into an imposing villa or a successful local accommodation. Located just 18km from the country
Location
📍 37.2137°N, 8.4037°W
· Silves, Algarve, Portugal