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Detached house in Enxerim - Barrada, Silves
Detached house in Enxerim - Barrada, Silves — image 2Detached house in Enxerim - Barrada, Silves — image 3Detached house in Enxerim - Barrada, Silves — image 4Detached house in Enxerim - Barrada, Silves — image 5
Grade C+villabudget

Detached house in Enxerim - Barrada, Silves

Silves · Central Algarve ·

€185,000

Asking Price (EUR)

2.0%

True Net Yield (Owner, all-in)

0.8%

True Net Yield (Managed, all-in)

4.1%

True Gross Yield

31%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.9 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: €13,265/yr
Average Daily Rate: 117
-28.0% vs area baselineImage quality 4/10 (-9%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 152.7 years
5-yr Capital Value: €214,466
10-yr Capital Value: €248,625
Brixfox Score: 47.3 / 100
Comparable Properties: 7
Data Confidence: 81%
Search Radius: 2 km

True Investment Cost

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

€321,403

+73.7% over asking

Asking price€185,000
IMT — Property transfer tax (investment schedule)€4,048
IS — Stamp duty (0.8%)€1,480
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,775
Total acquisition costs€9,553
Renovation (est. €900/m² × 120)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.
€108,000
(€84,000€132,000)
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)€321,403

Gross yield (asking price)

7.2%

True gross yield (all-in)

4.1%

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.

Bedrooms: 2
Bathrooms: 1
Building: 120
Land: 2840
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1950
Energy Certificate: Exempt

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
2.6
Visual Appeal
5.4
Ownership Security
13
Location
7.2
Land & Space
12
Rental Demand
3.11
Payback Speed
0
STR Suitability
4

Description

Country house, located in Pinheiro e Garrado in Silves. This house already has some improvements and consists of 2 floors with independent entrances. One floor has 4 rooms, and the other floor has 2 rooms, with countless reconstruction possibilities. For example, you could transform the upper part into a T2 with a fant

Location

📍 37.1890°N, 8.4390°W

· Silves, Algarve, Portugal

2-bedroom freehold villa in Silves — photo 1 of 5
Imoamazonas
2-bedroom freehold villa in Silves — photo 2 of 5
2-bedroom freehold villa in Silves — photo 3 of 5
2-bedroom freehold villa in Silves — photo 4 of 5
2-bedroom freehold villa in Silves — photo 5 of 5

Detached house in Enxerim - Barrada, Silves

Silves · Central Algarve · Ref BF-5978 Source verified · Imoamazonas · listed 2 Jun 2026
Asking price · Freehold
$201,087
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
1
Built area
120 m²
Land
2840 m²
True net yield
0.7%
$707/mo net after costs & tax
5-yr total return (net + appreciation)
8.2% / yr avg
Payback in ~153 yrs from rent
Brixfox Score 47 · 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: 1950
Energy: Exempt
Condition: needs-renovation

Description

Country house, located in Pinheiro e Garrado in Silves. This house already has some improvements and consists of 2 floors with independent entrances. One floor has 4 rooms, and the other floor has 2 rooms, with countless reconstruction possibilities. For example, you could transform the upper part into a T2 with a fant

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)
$165/night
50% ($76)Brixfox estimate($165/night)200% ($303)
Occupancy
31%
10%Brixfox estimate(31%)100%

Short-Term Rental

Indicative
Yearly income
$8,984
Likely range $5,390$12,578
Airbnb data$165/night · 31% occupancy
Rental income
$165/night · 31% occ.
$17,277
Running costs (20%)
Utilities, cleaning, maintenance
-$3,455
Income tax (10%)
Indonesian rental income tax
-$4,838
Property tax
Annual property tax
-$0
Net income
4.5% ROI
$8,984

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

0.7%

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
3.4%
2.8%
Fully-managed
1.3%
0.7%
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

6.9%

Annual Revenue

$17,277

Income Tax / yr

$1,512

Payback

True All-In Cost
Asking price$201,087
IMT — transfer tax (non-resident 7.5%)$15,082
Stamp duty (0.8%)$1,609
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$251,136

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Silves.

$1.1M$857K$571K$286K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $185K
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 18: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$225K
+22%
Rental Income
+$44K
Total Position
$269K
+45%
7.8%/yr
Year 10
Capital Value
$274K
+48%
Rental Income
+$95K
Total Position
$369K
+99%
7.1%/yr
Year 20
Capital Value
$405K
+119%
Rental Income
+$222K
Total Position
$627K
+239%
6.3%/yr
Year 30
Capital Value
$600K
+224%
Rental Income
+$393K
Total Position
$993K
+437%
5.8%/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
Average
4.5% annual return
Occupancy
Weak
31% average occupancy
Nightly Rate
Good
$151 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Strong
2840 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Generous 2840 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
Yield of 4.5% is near the market average — model your cashflow carefully

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
6.3%
$1,051/mo
40% occ.
8.4%
$1,401/mo
31% occ.
6.5%
$1,089/mo
current
41% occ.
8.6%
$1,439/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.