Detached house in São Bartolomeu de Messines, Silves
Silves · Central Algarve ·
€77,500
Asking Price (EUR)
9.0%
True Net Yield (Owner, all-in)
6.2%
True Net Yield (Managed, all-in)
13.8%
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.
True Investment Cost
Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.
€172,495
+122.6% over asking
| Asking price | €77,500 |
| IMT — Property transfer tax (investment schedule) | €775 |
| IS — Stamp duty (0.8%) | €620 |
| Notary (escritura) | €1,000 |
| Property registry | €250 |
| Legal fees (~1.5%) | €1,500 |
| Total acquisition costs | €4,145 |
| Renovation (est. €900/m² × 80 m²) Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes. | €72,000 (€56,000–€88,000) |
| Furnishing & STR launch (2bd × €2500 base, budget tier) Furniture, appliances, electronics, linens, AL licence setup, launch photography. | €18,850 |
| All-in investment (incl. renovation & furnishing) | €172,495 |
Gross yield (asking price)
30.7%
True gross yield (all-in)
13.8%
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
Rustic Land with Urban Designation in the Algarve Hills – 15,960 m² with Potential for T2 Residential Project Discover this serene and expansive plot of 15,960 m², set in the heart of the Algarvian hills, where the stars shine brighter and the air is crisp and pure. A rare opportunity to combine natural beauty with c
Location
📍 37.3110°N, 8.2370°W
· Silves, Algarve, Portugal