Detached house, Casas de Odelouca, Serra - Barragem do Arade, Silves
Silves · Central Algarve ·
€500,000
Asking Price (EUR)
8.4%
True Net Yield (Owner, all-in)
5.8%
True Net Yield (Managed, all-in)
12.9%
True Gross Yield
56%
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.
€838,830
+67.8% over asking
| Asking price | €500,000 |
| IMT — Property transfer tax (investment schedule) | €27,830 |
| IS — Stamp duty (0.8%) | €4,000 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €7,500 |
| Total acquisition costs | €40,580 |
| Renovation (est. €350/m² × 760 m²) Cosmetic refresh — flooring, paint, bathroom & kitchen updates. | €266,000 (€190,000–€342,000) |
| Furnishing & STR launch (6bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €32,250 |
| All-in investment (incl. renovation & furnishing) | €838,830 |
Gross yield (asking price)
21.6%
True gross yield (all-in)
12.9%
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.
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
Score Breakdown
Description
Farm in Silves with beautiful panoramic views over the Arade River and the mountains in the landscape. The property has 2 houses to demolish and design a new house. Located in the Odelouca area, it offers a lot of privacy and tranquility. The land is on top of the hill, but there are moderate parts of arable land near
Location
📍 37.2004°N, 8.5033°W
· Silves, Algarve, Portugal