Penthouse, de S. Pedro, 18, Colina de Asseca - Quinta de Perogil - São Pedro, Tavira
Penthouse, de S. Pedro, 18, Colina de Asseca - Quinta de Perogil - São Pedro, Tavira — image 2Penthouse, de S. Pedro, 18, Colina de Asseca - Quinta de Perogil - São Pedro, Tavira — image 3Penthouse, de S. Pedro, 18, Colina de Asseca - Quinta de Perogil - São Pedro, Tavira — image 4Penthouse, de S. Pedro, 18, Colina de Asseca - Quinta de Perogil - São Pedro, Tavira — image 5
Grade Bapartmentmid-range

Penthouse, de S. Pedro, 18, Colina de Asseca - Quinta de Perogil - São Pedro, Tavira

Tavira · Eastern Algarve ·

€620,000

Asking Price (EUR)

3.3%

True Net Yield (Owner, all-in)

2.3%

True Net Yield (Managed, all-in)

5.0%

True Gross Yield

37%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.9 months ago and is currently at 16% 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: €35,475/yr
Average Daily Rate: €266
+13.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 21.7 years
5-yr Capital Value: €814,671
10-yr Capital Value: €991,172
Brixfox Score: 64.1 / 100
Comparable Properties: 20
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.

€703,140

+13.4% over asking

Asking price€620,000
IMT — Property transfer tax (investment schedule)€37,430
IS — Stamp duty (0.8%)€4,960
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,300
Total acquisition costs€52,940
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€30,200
All-in investment (incl. renovation & furnishing)€703,140

Gross yield (asking price)

5.7%

True gross yield (all-in)

5.0%

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: 3
Bathrooms: 3
Building: 95 m²
Style: contemporary
Condition: new-build
Energy Certificate: A
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

rooftop terraceocean viewmodern outdoor furniture

Score Breakdown

ROI
14.87
Visual Appeal
14.8
Ownership Security
13
Location
9.84
Land & Space
3.9
Rental Demand
3.66
Payback Speed
1
STR Suitability
3

Description

Penthouse T3 with 95 m2 of floor area, 4 m2 balcony, terrace and parking space inserted in a new development in Tavira. Vista Mar Residences 2 is the new development to be born in Tavira, overlooking the Ria Formosa and the sea. Composed of 7 apartments of types T1, T2, T3 and a commercial space. The top floor of Vi

Location

📍 37.1216°N, 7.6564°W

· Tavira, Algarve, Portugal

View on Dils Portugal →Also on Idealista.pt
Idealista.pt
Tavira / Eastern Algarve

Penthouse, de S. Pedro, 18, Colina de Asseca - Quinta de Perogil - São Pedro, Tavira

Inventory
3 Beds
Bathrooms
3 Baths
Built Area
95 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 3.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score64
GradeB
Brixfox Intelligence
64BStrong
Score Breakdown
ROI & Yield70%
Capital Growth67%
Risk Profile66%
Market Demand64%

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
+8.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$134K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
3.8%
$2,139/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
11 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
26.3 yr
Rental only

Property details

Energy: A
Condition: new-build

Description

Penthouse T3 with 95 m2 of floor area, 4 m2 balcony, terrace and parking space inserted in a new development in Tavira. Vista Mar Residences 2 is the new development to be born in Tavira, overlooking the Ria Formosa and the sea. Composed of 7 apartments of types T1, T2, T3 and a commercial space. The top floor of Vi

Income Breakdown

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Nightly Rate (ADR)
$387/night
50% ($178)Brixfox estimate($387/night)200% ($711)
Occupancy
37%
10%Brixfox estimate(37%)100%

Short-Term Rental

Yearly income
$25,663
Airbnb data$387/night · 37% occupancy
Rental income
$387/night · 37% occ.
$51,621
Running costs (20%)
Utilities, cleaning, maintenance
-$10,324
Income tax (10%)
Indonesian rental income tax
-$14,454
Property tax
Annual property tax
-$1,179
Net income
3.8% ROI
$25,663

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$673,913
IMT (transfer tax, investment schedule)$40,685
Imposto de Selo (stamp duty)$5,391
Notary & registration$1,359
Legal / due diligence$10,109
Total acquisition costs$57,543
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$764,283

Gross yield (asking)

7.7%

True gross yield (all-in)

6.8%

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.

$3.6M$2.7M$1.8M$901K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $620K
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 20: 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
$754K
+22%
Rental Income
+$125K
Total Position
$880K
+42%
7.2%/yr
Year 10
Capital Value
$918K
+48%
Rental Income
+$271K
Total Position
$1.2M
+92%
6.7%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$634K
Total Position
$2.0M
+221%
6.0%/yr
Year 30
Capital Value
$2.0M
+224%
Rental Income
+$1.1M
Total Position
$3.1M
+406%
5.5%/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
3.8% annual return
Occupancy
Weak
37% average occupancy
Nightly Rate
Strong
$356 per night
Visual Appeal
Strong
9/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $356 — positioned in the top tier
Stunning visuals with 9/10 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 3.8% 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

30% occ.
4.2%
$2,371/mo
40% occ.
5.7%
$3,194/mo
37% occ.
5.2%
$2,913/mo
current
47% occ.
6.7%
$3,736/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.