Semi-detached house in Rua Dom Paio Peres Correia, 1, Centro da Cidade, Silves
Semi-detached house in Rua Dom Paio Peres Correia, 1, Centro da Cidade, Silves — image 2Semi-detached house in Rua Dom Paio Peres Correia, 1, Centro da Cidade, Silves — image 3Semi-detached house in Rua Dom Paio Peres Correia, 1, Centro da Cidade, Silves — image 4Semi-detached house in Rua Dom Paio Peres Correia, 1, Centro da Cidade, Silves — image 5
Grade C+villamid-rangeBuilding holds 3 AL licences

Semi-detached house in Rua Dom Paio Peres Correia, 1, Centro da Cidade, Silves

Silves · Central Algarve ·

€385,000

Asking Price (EUR)

Net yield — free account

True Net Yield (after-tax, all-in)

4.7%

True Gross Yield

42%

Occupancy

Projected Gross Revenue: €20,886/yr
Average Daily Rate: 136
-2.0% vs area baselineImage quality 8/10 (+3%), Portuguese-traditional style (+5%), No pool (-20%), Has view (+10%)
5-yr Capital Value: €446,321
10-yr Capital Value: €517,408
Brixfox Score: 64.4 / 100
Comparable Properties: 6
Data Confidence: 76%
Search Radius: 2 km

True Investment Cost

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

€445,405

+15.7% over asking

Asking price€385,000
IMT — Property transfer tax (investment schedule)€18,100
IS — Stamp duty (0.8%)€3,080
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,775
Total acquisition costs€28,205
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€32,200
All-in investment (incl. renovation & furnishing)€445,405

Gross yield (asking price)

5.4%

True gross yield (all-in)

4.7%

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: 2
Building: 96
Style: portuguese-traditional
Condition: excellent
Year Built: 1951
Energy Certificate: Not indicated
View

Short-term rental is established in this building — 3 active AL licences registered at this address

Other units in the same building are registered for Alojamento Local in the official RNAL register, so STR demonstrably operates at this address. This unit’s own licence status is unconfirmed — the Algarve has no containment zones, so a new AL registration is normally obtainable, but confirm with the câmara municipal and check the condominium rules before counting on STR income.

Search the official RNT register →

Design Features

rooftop terrace with dining and lounge areaoutdoor jacuzzi with mood lightingtraditional Portuguese exterior architecturefreestanding clawfoot bathtubmodern walk-in shower

Score Breakdown

ROI
7.57
Visual Appeal
14.2
Ownership Security
13
Location
7.2
Land & Space
3.92
Rental Demand
4.2
Payback Speed
0
STR Suitability
4

Location

📍 37.1893°N, 8.4435°W

Approximate location — mapped to the centre of Silves

· Silves, Algarve, Portugal

Confirmed on the market 4 days ago.

Listed via Idealista.pt
3-bedroom freehold villa in Silves — photo 1 of 5
Idealista.pt
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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 3 of 5
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3-bedroom freehold villa in Silves — photo 4 of 5
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3-bedroom freehold villa in Silves — photo 5 of 5
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Semi-detached house in Rua Dom Paio Peres Correia, 1, Centro da Cidade, Silves

Silves · Central Algarve · Ref BF-5972Source · Idealista.pt · listed 16 Apr 2026
Asking price
€385,000
Bedrooms
3
Bathrooms
2
Built area
96 m²
Brixfox Score 64 · C+Financial analysis ↓

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Short-term rental is established in this building — 3 active AL licences registered at this address

Other units in the same building are registered for Alojamento Local in the official RNAL register, so STR demonstrably operates at this address. This unit’s own licence status is unconfirmed — the Algarve has no containment zones, so a new AL registration is normally obtainable, but confirm with the câmara municipal and check the condominium rules before counting on STR income.

Search the official RNT register →

Property details

Year built: 1951
Energy: Not indicated
Condition: excellent
AL licence: Building has AL (3 licences)
Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager whose commission includes the OTA/channel listing (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission but pays the OTA host fee, staff/local operations and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
Gross yield · all-in basis
Before tax in your home country and financing costs. Estimates, not financial advice.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR and revenue are the expected BOOKED figures — nearby asking prices corrected by our measured asking-to-booked factor (Portugal's calendar dataset is young, so this is a conservative estimate). Occupancy is the seasonality-adjusted full-year rate. The comp cards below show raw asking prices.
Expected ADR
€136
Expected booked rate (asking prices × measured booked factor)
Expected occupancy
42%
Full-year estimate, market-calibrated
Projected annual revenue
€20,886
ADR × occupancy × 365
Comp data observed in USD · converted at €0.88/$
Seasonal occupancy pattern
Peak Aug +50% · Low Dec -41%
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F
M
A
M
J
J
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D
Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
Acquisition costs· 7.3% of price, auto-calculated
€28,205
IMT (transfer tax, investment schedule)€18,100
Imposto de Selo (stamp duty)€3,080
Notary & registration€1,250
Legal fees€5,775
Renovation budget· Move-in ready. No renovation budgeted.
Furniture & STR launch· default ≈ €10,067/bedroom
All-in investment
€443,405
+15.2% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
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Total return estimate

OptionalNet yield plus an appreciation assumption you choose. Appreciation is a forward-looking assumption, not data — which is why it defaults to 0% and is kept out of the yield figures above.
Annual appreciation assumption0%
0%3.5% · Silves 5-yr avg — historical, not a forecast8%
Indicative total return
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••% net yield + 0% appreciation
Appreciation assumptions are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.

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Where it sits — and the comps around it

The Airbnb listings behind the market evidence above, on the map.

Location

Silves

Central Algarve, Approximate area

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Villa Scorecard

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Risks & What-If

What if occupancy changes?

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost

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Source · Idealista.pt

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Data Sources & Methodology

ROI calculations use Brixfox Intelligence rental data from live Airbnb calendar tracking — the Algarve dataset has been live since March 2026, seasonality-adjusted to a full-year estimate with a conservative calibration while it matures. Operating costs are modelled per line (management, channel fees, cleaning, utilities, IMI, maintenance, insurance). After-tax yields deduct non-resident IRS on AL income under the simplified regime (~8.75% of gross); buyer-side IMT and stamp duty are included in the all-in cost basis. Market factors in Portugal may impact actual yields.