Semi-detached house in Rua Capitão Jorge Ribeiro, Santa Luzia
Semi-detached house in Rua Capitão Jorge Ribeiro, Santa Luzia — image 2Semi-detached house in Rua Capitão Jorge Ribeiro, Santa Luzia — image 3Semi-detached house in Rua Capitão Jorge Ribeiro, Santa Luzia — image 4Semi-detached house in Rua Capitão Jorge Ribeiro, Santa Luzia — image 5
Grade Bvillamid-range

Semi-detached house in Rua Capitão Jorge Ribeiro, Santa Luzia

Tavira · Eastern Algarve ·

€800,000

Asking Price (EUR)

4.4%

True Net Yield (Owner, all-in)

3.0%

True Net Yield (Managed, all-in)

6.0%

True Gross Yield

62%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.6 months ago and is currently at 22% 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: €53,352/yr
Average Daily Rate: €237
+6.0% vs area baselineImage quality 8/10 (+3%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%)
Payback Period: 34.2 years
5-yr Capital Value: €927,419
10-yr Capital Value: €1.1M
Brixfox Score: 59.4 / 100
Comparable Properties: 37
Data Confidence: 96%
Search Radius: 2 km

True Investment Cost

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

€894,500

+11.8% over asking

Asking price€800,000
IMT — Property transfer tax (investment schedule)€48,000
IS — Stamp duty (0.8%)€6,400
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€12,000
Total acquisition costs€67,650
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€26,850
All-in investment (incl. renovation & furnishing)€894,500

Gross yield (asking price)

6.7%

True gross yield (all-in)

6.0%

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: 2
Building: 117 m²
Land: 52 m²
Style: portuguese-traditional
Condition: excellent
Year Built: 2022
Energy Certificate: A+
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

rooftop terracewaterfront viewwicker outdoor furnituretiled outdoor table

Score Breakdown

ROI
11.22
Visual Appeal
14.2
Ownership Security
13
Location
8.4
Land & Space
1.42
Rental Demand
6.16
Payback Speed
1
STR Suitability
4

Description

Rare fisherman’s house on the waterfront – Panoramic sea view – Santa Luzia / Tavira – Algarve Some properties stand out instantly for their unique atmosphere. This authentic waterfront fisherman’s house is one of those rare homes combining prime location, character and high-quality renovation. Fully redesigned, the

Location

📍 37.0870°N, 8.7290°W

· Tavira, Algarve, Portugal

View this property on SIM Invest →Listed via Idealista.pt
2-bedroom freehold villa in Tavira — photo 1 of 5
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2-bedroom freehold villa in Tavira — photo 2 of 5
2-bedroom freehold villa in Tavira — photo 3 of 5
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2-bedroom freehold villa in Tavira — photo 5 of 5

Semi-detached house in Rua Capitão Jorge Ribeiro, Santa Luzia

Tavira · Eastern Algarve · Ref BF-11999 Source verified · SIM Invest · listed 2 Jun 2026
Asking price · Freehold
$869,565
View original listing
Ownership
Freehold
Bedrooms
2
Bathrooms
2
Built area
117 m²
Land
52 m²
True net yield
2.9%
≈ $4,316/mo net after costs & tax
5-yr total return (net + appreciation)
8.5% / yr avg
Payback in ~34 yrs from rent
Brixfox Score 59 · 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

Tavira

Eastern Algarve, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Year built: 2022
Energy: A+
Condition: excellent

Description

Rare fisherman’s house on the waterfront – Panoramic sea view – Santa Luzia / Tavira – Algarve Some properties stand out instantly for their unique atmosphere. This authentic waterfront fisherman’s house is one of those rare homes combining prime location, character and high-quality renovation. Fully redesigned, the

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)
$337/night
50% ($155)Brixfox estimate($337/night)200% ($619)
Occupancy
62%
10%Brixfox estimate(62%)100%

Short-Term Rental

Yearly income
$36,444
Airbnb data$337/night · 62% occupancy
Rental income
$337/night · 62% occ.
$70,085
Running costs (20%)
Utilities, cleaning, maintenance
-$14,017
Income tax (10%)
Indonesian rental income tax
-$19,624
Property tax
Annual property tax
-$0
Net income
4.2% ROI
$36,444

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

2.9%

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

Scenario
Pre-tax
After-tax
Owner-managed
5.3%
4.7%
Fully-managed
3.5%
2.9%
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

7.1%

Annual Revenue

$70,085

Income Tax / yr

$6,133

Payback

34 yrs

True All-In Cost
Asking price$869,565
IMT — transfer tax (non-resident 7.5%)$65,217
Stamp duty (0.8%)$6,957
Notary + registry$2,174
Legal$10,696
Furnishing + STR launch$27,174
All-in cost$981,783

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Tavira.

$4.8M$3.6M$2.4M$1.2M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $800K
Capital appreciation
Property value growing at +4%/yr based on Tavira 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 19: 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
$973K
+22%
Rental Income
+$178K
Total Position
$1.2M
+44%
7.6%/yr
Year 10
Capital Value
$1.2M
+48%
Rental Income
+$384K
Total Position
$1.6M
+96%
7.0%/yr
Year 20
Capital Value
$1.8M
+119%
Rental Income
+$901K
Total Position
$2.7M
+232%
6.2%/yr
Year 30
Capital Value
$2.6M
+224%
Rental Income
+$1.6M
Total Position
$4.2M
+424%
5.7%/yr

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
4.2% annual return
Occupancy
Good
62% average occupancy
Nightly Rate
Strong
$310 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
52 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $310 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.2% 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

42% occ.
4.1%
$2,982/mo
52% occ.
5.1%
$3,699/mo
62% occ.
6.1%
$4,415/mo
current
72% occ.
7.1%
$5,132/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.