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Detached house, Cortezões, 8365-232, Algoz e Tunes, Silves, Faro, Nn, Algoz e Tunes, Silves
Detached house, Cortezões, 8365-232, Algoz e Tunes, Silves, Faro, Nn, Algoz e Tunes, Silves — image 2Detached house, Cortezões, 8365-232, Algoz e Tunes, Silves, Faro, Nn, Algoz e Tunes, Silves — image 3Detached house, Cortezões, 8365-232, Algoz e Tunes, Silves, Faro, Nn, Algoz e Tunes, Silves — image 4Detached house, Cortezões, 8365-232, Algoz e Tunes, Silves, Faro, Nn, Algoz e Tunes, Silves — image 5
Grade C+villabudget

Detached house, Cortezões, 8365-232, Algoz e Tunes, Silves, Faro, Nn, Algoz e Tunes, Silves

Silves · Central Algarve ·

€250,000

Asking Price (EUR)

3.9%

True Net Yield (Owner, all-in)

2.3%

True Net Yield (Managed, all-in)

5.9%

True Gross Yield

39%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.8 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: €23,500/yr
Average Daily Rate: €166
-54.0% vs area baselineImage quality 2/10 (-15%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 35.6 years
5-yr Capital Value: €289,819
10-yr Capital Value: €335,979
Brixfox Score: 54.1 / 100
Comparable Properties: 8
Data Confidence: 60%
Search Radius: 6 km

True Investment Cost

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

€397,497

+59.0% over asking

Asking price€250,000
IMT — Property transfer tax (investment schedule)€8,497
IS — Stamp duty (0.8%)€2,000
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€3,750
Total acquisition costs€15,497
Renovation (est. €900/m² × 122 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€109,800
(€85,400–€134,200)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€22,200
All-in investment (incl. renovation & furnishing)€397,497

Gross yield (asking price)

9.4%

True gross yield (all-in)

5.9%

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: 1
Building: 122 m²
Land: 4760 m²
Style: dated
Condition: needs-renovation
Year Built: 1951
Energy Certificate: F

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
10.84
Visual Appeal
2.2
Ownership Security
13
Location
7.2
Land & Space
12
Rental Demand
3.87
Payback Speed
1
STR Suitability
4

Description

Single‑storey 3‑bedroom house for sale located in the peaceful countryside near Tunes, in the municipality of Silves, Algarve. The property features an older house with 5 rooms requiring renovation, offering great potential for restoration or redesign. It sits on a generous 4,760 m² plot, providing space for outdoor li

Location

📍 37.1640°N, 8.3042°W

· Silves, Algarve, Portugal

View this property on RE/MAX Albufeira Praia →Listed via Idealista.pt
3-bedroom freehold villa in Silves — photo 1 of 5
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3-bedroom freehold villa in Silves — photo 2 of 5
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3-bedroom freehold villa in Silves — photo 5 of 5

Detached house, Cortezões, 8365-232, Algoz e Tunes, Silves, Faro, Nn, Algoz e Tunes, Silves

Silves · Central Algarve · Ref BF-5923 Source verified · RE/MAX Albufeira Praia · listed 2 Jun 2026
Asking price · Freehold
$271,739
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
1
Built area
122 m²
Land
4760 m²
True net yield
2.8%
≈ $1,681/mo net after costs & tax
5-yr total return (net + appreciation)
9.6% / yr avg
Payback in ~36 yrs from rent
Brixfox Score 54 · C+

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

Finding Airbnb comps...

Property details

Year built: 1951
Energy: F
Condition: needs-renovation

Description

Single‑storey 3‑bedroom house for sale located in the peaceful countryside near Tunes, in the municipality of Silves, Algarve. The property features an older house with 5 rooms requiring renovation, offering great potential for restoration or redesign. It sits on a generous 4,760 m² plot, providing space for outdoor li

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)
$235/night
50% ($108)Brixfox estimate($235/night)200% ($432)
Occupancy
39%
10%Brixfox estimate(39%)100%

Short-Term Rental

Indicative
Yearly income
$15,950
Likely range $9,571 – $22,330
Airbnb data$235/night · 39% occupancy
Rental income
$235/night · 39% occ.
$30,674
Running costs (20%)
Utilities, cleaning, maintenance
-$6,135
Income tax (10%)
Indonesian rental income tax
-$8,589
Property tax
Annual property tax
-$0
Net income
5.9% ROI
$15,950

Investment Returns

After-tax net yield · all-in cost basis

Approx. location

Net Yield · Fully-Managed · After Tax

2.8%

on all-in cost of $327,652

Scenario
Pre-tax
After-tax
Owner-managed
6.2%
5.3%
Fully-managed
3.6%
2.8%
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

9.4%

Annual Revenue

$30,674

Income Tax / yr

$2,684

Payback

36 yrs

True All-In Cost
Asking price$271,739
IMT — transfer tax (non-resident 7.5%)$20,380
Stamp duty (0.8%)$2,174
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$327,652

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Silves.

$1.7M$1.3M$868K$434K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $250K
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 14: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$304K
+22%
Rental Income
+$78K
Total Position
$382K
+53%
8.9%/yr
Year 10
Capital Value
$370K
+48%
Rental Income
+$168K
Total Position
$538K
+115%
8.0%/yr
Year 20
Capital Value
$548K
+119%
Rental Income
+$394K
Total Position
$942K
+277%
6.9%/yr
Year 30
Capital Value
$811K
+224%
Rental Income
+$698K
Total Position
$1.5M
+504%
6.2%/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

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.9% annual return
Occupancy
Weak
39% average occupancy
Nightly Rate
Strong
$216 per night
Visual Appeal
Weak
1/10 instagrammability
Size & Space
Strong
4760 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $216 — positioned in the top tier
Generous 4760 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 39% — factor in seasonal gaps

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
6.6%
$1,498/mo
40% occ.
8.8%
$1,997/mo
39% occ.
8.5%
$1,932/mo
current
49% occ.
10.7%
$2,432/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.