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Apartment

Apartment T1 of 47 m² in Silves

Armação de Pêra, Silves, Faro

Price and sale terms

Current bid €104,533.19 Ends in 29 days
Base value
€195,000
Opening value
€97,500
Minimum value
€165,750
Status
Open
Sale type
Auction
Origin
Official portals
Ceremony date
11/18/2026 14:30

Property details

Property type
Apartment
Subtype
Apartment
Layout
T1
Total area
49.5 m²
Usable area
47 m²
Price per m²
€2,224/m² (usable area)
Parish
Armação de Pêra
Property situation VacantInheritance

Description

Apartment located in the parish of Armação de Pêra, in the municipality of Silves. The property is currently vacant and will be sold with the existing furniture inside, which the buyer may dispose of as they see fit. The sale takes place within an inheritance inventory process.

How much could this purchase cost?

An estimate of acquisition costs, computed with the tax rules in force. Adjust the values to your case.

  • Price €165,750
  • IMT (transfer tax) €2,859.94
    Legal basis

    CIMT art. 17.º n.º 1 alínea c), limites da Lei 73-A/2025 (OE 2026) · in force since 01/01/2026

  • Stamp duty €1,326
    Legal basis

    TGIS verba 1.1 (0,8%); base igual à do IMT por força do CIS art. 9.º n.º 4 (AT, IVE 17060) · in force since 12/01/2003

  • Registration €250
    Legal basis

    RERN art. 21.º verba 2.12; verba 1.2 (+50 € por prédio a mais, até 30 000 €) · in force since 01/01/2026

Estimated total €170,185.94
  • Assumes an individual buyer resident in Portugal. Since 25-05-2026 a non-resident pays 7.5% IMT on housing, with exceptions.

Informative estimate. Amounts may vary with the actual terms of the acquisition and the applicable law. Confirm with the competent authorities or a professional.

On the map

Rivesta analysis

Turn the property data into an investment decision

The facts above are open to everyone. Rivesta analysis reads them for you: compares with the market, weighs the risk and explains why.

  • Market

    Does the price make sense for the area? Market references and comparables.

  • Risk

    What could go wrong? The property's and the sale's risk factors, explained.

  • Opportunity

    Is this one worth a look? The economic factors for and against.

  • Visual intelligence

    What condition is it in, from the photos? Signs of works and apparent upkeep.

  • How to proceed

    How, where and to whom to make an offer, the deadline, the deposit and the sale documents.

Available with Paid Rivesta

Before going ahead, always confirm the terms of the sale with the entity that publishes it.

€104,533.19