Launch offer — 3 months free free, no card

Detached house in Urbanização F. Serrão, Armação de Pêra
Detached house in Urbanização F. Serrão, Armação de Pêra — image 2Detached house in Urbanização F. Serrão, Armação de Pêra — image 3Detached house in Urbanização F. Serrão, Armação de Pêra — image 4Detached house in Urbanização F. Serrão, Armação de Pêra — image 5
Grade B+villamid-range

Detached house in Urbanização F. Serrão, Armação de Pêra

Silves · Central Algarve ·

€1.7M

Asking Price (EUR)

5.8%

True Net Yield (Owner, all-in)

4.2%

True Net Yield (Managed, all-in)

7.2%

True Gross Yield

59%

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: €137,399/yr
Average Daily Rate: €642
+15.0% vs area baselinePortuguese-traditional style (+5%), Has pool (0%), Has countryside (+10%)
Payback Period: 23.1 years
5-yr Capital Value: €1.9M
10-yr Capital Value: €2.3M
Brixfox Score: 74.5 / 100
Comparable Properties: 5
Data Confidence: 74%
Search Radius: 2 km

True Investment Cost

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

€1.9M

+12.9% over asking

Asking price€1.7M
IMT — Property transfer tax (investment schedule)€126,000
IS — Stamp duty (0.8%)€13,440
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€25,200
Total acquisition costs€165,890
Renovation (est. €55/m² × 207 m²)
Light touch-ups — paint, fixtures, deep clean.		€11,385
(€6,210–€16,560)
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€40,050
All-in investment (incl. renovation & furnishing)€1.9M

Gross yield (asking price)

8.2%

True gross yield (all-in)

7.2%

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: 4
Bathrooms: 5
Building: 207 m²
Land: 5895 m²
Style: portuguese-traditional
Condition: good
Year Built: 2001
Energy Certificate: C
Private Pool
countryside

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

cobblestone drivewaylarge private poolpalm trees

Score Breakdown

ROI
15.99
Visual Appeal
12.2
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
5.86
Payback Speed
3
STR Suitability
4

Description

I present you with a unique opportunity to acquire a property that combines elegance, comfort and a high potential for profitability in the heart of the Algarve. This magnificent 3 + 1 bedroom villa with swimming pool and sea view is located in a quiet residential area, just a few minutes from the city center and with

Location

📍 37.1107°N, 8.3607°W

· Silves, Algarve, Portugal

Visit ComprarCasa Armação de Pêra →Listed via Idealista.pt
4-bedroom freehold villa in Silves — photo 1 of 5
ComprarCasa Armação de Pêra
4-bedroom freehold villa in Silves — photo 2 of 5
4-bedroom freehold villa in Silves — photo 3 of 5
4-bedroom freehold villa in Silves — photo 4 of 5
4-bedroom freehold villa in Silves — photo 5 of 5

Detached house in Urbanização F. Serrão, Armação de Pêra

Silves · Central Algarve · Ref BF-67377 Source verified · ComprarCasa Armação de Pêra · listed 3 Jun 2026
Asking price · Freehold
$1,826,087
View original listing
Ownership
Freehold
Bedrooms
4
Bathrooms
5
Built area
207 m²
Land
5895 m²
True net yield
4.3%
≈ $12,008/mo net after costs & tax
5-yr total return (net + appreciation)
8.9% / yr avg
Payback in ~23 yrs from rent
Brixfox Score 75 · B+

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

Loading Map...

Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Year built: 2001
Energy: C
Condition: good
View: countryside

Description

I present you with a unique opportunity to acquire a property that combines elegance, comfort and a high potential for profitability in the heart of the Algarve. This magnificent 3 + 1 bedroom villa with swimming pool and sea view is located in a quiet residential area, just a few minutes from the city center and with

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)
$903/night
50% ($416)Brixfox estimate($903/night)200% ($1662)
Occupancy
59%
10%Brixfox estimate(59%)100%

Short-Term Rental

Indicative
Yearly income
$93,070
Likely range $55,842 – $130,299
Airbnb data$903/night · 59% occupancy
Rental income
$903/night · 59% occ.
$178,982
Running costs (20%)
Utilities, cleaning, maintenance
-$35,796
Income tax (10%)
Indonesian rental income tax
-$50,115
Property tax
Annual property tax
-$0
Net income
5.1% ROI
$93,070

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

4.3%

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

Scenario
Pre-tax
After-tax
Owner-managed
7.1%
6.4%
Fully-managed
5.1%
4.3%
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

8.9%

Annual Revenue

$178,982

Income Tax / yr

$15,661

Payback

23 yrs

True All-In Cost
Asking price$1,826,087
IMT — transfer tax (non-resident 7.5%)$136,957
Stamp duty (0.8%)$14,609
Notary + registry$2,174
Legal$13,370
Furnishing + STR launch$27,174
All-in cost$2,020,370

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Silves.

$11.0M$8.2M$5.5M$2.7M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.7M
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 16: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$2.0M
+22%
Rental Income
+$455K
Total Position
$2.5M
+49%
8.3%/yr
Year 10
Capital Value
$2.5M
+48%
Rental Income
+$982K
Total Position
$3.5M
+106%
7.5%/yr
Year 20
Capital Value
$3.7M
+119%
Rental Income
+$2.3M
Total Position
$6.0M
+256%
6.6%/yr
Year 30
Capital Value
$5.4M
+224%
Rental Income
+$4.1M
Total Position
$9.5M
+467%
6.0%/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.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.1% annual return
Occupancy
Average
59% average occupancy
Nightly Rate
Strong
$831 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Strong
5895 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $831 — positioned in the top tier
Generous 5895 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 59% — factor in seasonal gaps

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

39% occ.
4.9%
$7,429/mo
49% occ.
6.1%
$9,353/mo
59% occ.
7.4%
$11,276/mo
current
69% occ.
8.7%
$13,199/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.