T2 flat in Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira
T2 flat in Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira — image 2T2 flat in Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira — image 3T2 flat in Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira — image 4T2 flat in Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira — image 5
Grade B+apartmentmid-range

T2 flat in Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira

Tavira · Eastern Algarve ·

€543,000

Asking Price (EUR)

4.1%

True Net Yield (Owner, all-in)

2.9%

True Net Yield (Managed, all-in)

6.4%

True Gross Yield

51%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 18% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.75, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €39,332/yr
Average Daily Rate: 212
+10.0% vs area baselineModern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 17.3 years
5-yr Capital Value: €713,494
10-yr Capital Value: €868,074
Brixfox Score: 65 / 100
Comparable Properties: 78
Data Confidence: 93%
Search Radius: 2 km

True Investment Cost

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

€618,964

+14.0% over asking

Asking price€543,000
IMT — Property transfer tax (investment schedule)€31,270
IS — Stamp duty (0.8%)€4,344
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,145
Total acquisition costs€45,009
Renovation (est. €55/m² × 111)
Light touch-ups — paint, fixtures, deep clean.
€6,105
(€3,330€8,880)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€24,850
All-in investment (incl. renovation & furnishing)€618,964

Gross yield (asking price)

7.2%

True gross yield (all-in)

6.4%

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: 111
Style: contemporary
Condition: good
Year Built: 2024
Energy Certificate: D
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

modern circular pendant lightsglass dining table

Score Breakdown

ROI
16.7
Visual Appeal
11.2
Ownership Security
13
Location
9.84
Land & Space
4.22
Rental Demand
5.08
Payback Speed
2
STR Suitability
3

Description

Duplex with terrace and sea views in the heart of Tavira – Garage, lift, recent build If you are looking for a property with a terrace in the center of Tavira… take a look at this. There are currently very few comparable properties available in Tavira. A rare opportunity today: to live within walking distance of the

Location

📍 37.1356°N, 7.6468°W

· Tavira, Algarve, Portugal

Idealista.pt
Tavira / Eastern Algarve

T2 flat in Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira

Inventory
2 Beds
Bathrooms
2 Baths
Built Area
111 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 4.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score65
GradeB+
Brixfox Intelligence
65B+Strong
Score Breakdown
ROI & Yield72%
Capital Growth68%
Risk Profile67%
Market Demand65%

The Brixfox Score is our proprietary AI-powered rating that evaluates rental ROI, capital appreciation potential, risk factors, and local market dynamics to give you a single investment quality metric.

Pro members get full score breakdown with AI recommendations
Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+9.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$118K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
4.8%
$2,376/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
20.7 yr
Rental only

Property details

Year built: 2024
Energy: D
Condition: good

Description

Duplex with terrace and sea views in the heart of Tavira – Garage, lift, recent build If you are looking for a property with a terrace in the center of Tavira… take a look at this. There are currently very few comparable properties available in Tavira. A rare opportunity today: to live within walking distance of the

Income Breakdown

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Nightly Rate (ADR)
$307/night
50% ($141)Brixfox estimate($307/night)200% ($564)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Yearly income
$28,507
Airbnb data$307/night · 51% occupancy
Rental income
$307/night · 51% occ.
$56,808
Running costs (20%)
Utilities, cleaning, maintenance
-$11,362
Income tax (10%)
Indonesian rental income tax
-$15,906
Property tax
Annual property tax
-$1,033
Net income
4.8% ROI
$28,507

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

True all-in investment

What the headline asking price actually costs once mandatory taxes, fees, renovation, and furnishing are added. Yields rebased onto this number — closer to what you'll really earn against what you'll really pay.

Asking price$590,217
IMT (transfer tax, investment schedule)$33,989
Imposto de Selo (stamp duty)$4,722
Notary & registration$1,359
Legal / due diligence$8,853
Total acquisition costs$48,923
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.
$6,636
($3,620$9,652)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.
$27,011
All-in investment$672,787

Gross yield (asking)

9.6%

True gross yield (all-in)

8.4%

Estimates use Portugal's standard transfer tax + typical legal/notary defaults. Verify with local counsel before committing — actual fees vary by deal structure.

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Tavira.

$3.5M$2.6M$1.7M$865K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $543K
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 17: 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
$661K
+22%
Rental Income
+$139K
Total Position
$800K
+47%
8.1%/yr
Year 10
Capital Value
$804K
+48%
Rental Income
+$301K
Total Position
$1.1M
+103%
7.4%/yr
Year 20
Capital Value
$1.2M
+119%
Rental Income
+$705K
Total Position
$1.9M
+249%
6.4%/yr
Year 30
Capital Value
$1.8M
+224%
Rental Income
+$1.2M
Total Position
$3.0M
+454%
5.9%/yr

Location

Tavira

Eastern Algarve, Approximate area

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Airbnb Comp Analysis

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
4.8% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Strong
$282 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $282 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.8% 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

31% occ.
3.9%
$1,922/mo
41% occ.
5.2%
$2,575/mo
51% occ.
6.6%
$3,228/mo
current
61% occ.
7.9%
$3,880/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. Includes 10% Indonesian rental tax (PPh) and annual property tax (PBB). Market factors in Portugal may impact actual yields.