T2 flat in Rua da Igreja, Nn, Luz de Tavira e Santo Estêvão, Tavira
T2 flat in Rua da Igreja, Nn, Luz de Tavira e Santo Estêvão, Tavira — image 2T2 flat in Rua da Igreja, Nn, Luz de Tavira e Santo Estêvão, Tavira — image 3T2 flat in Rua da Igreja, Nn, Luz de Tavira e Santo Estêvão, Tavira — image 4T2 flat in Rua da Igreja, Nn, Luz de Tavira e Santo Estêvão, Tavira — image 5
Grade B+apartmentluxury

T2 flat in Rua da Igreja, Nn, Luz de Tavira e Santo Estêvão, Tavira

Tavira · Eastern Algarve ·

€395,000

Asking Price (EUR)

6.3%

True Net Yield (Owner, all-in)

4.4%

True Net Yield (Managed, all-in)

9.7%

True Gross Yield

42%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.5 months ago and is currently at 13% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €45,359/yr
Average Daily Rate: 297
+26.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Luxury finish (+8%)
Payback Period: 10.7 years
5-yr Capital Value: €519,024
10-yr Capital Value: €631,472
Brixfox Score: 73.6 / 100
Comparable Properties: 66
Data Confidence: 75%
Search Radius: 6 km

True Investment Cost

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

€467,215

+18.3% over asking

Asking price€395,000
IMT — Property transfer tax (investment schedule)€19,430
IS — Stamp duty (0.8%)€3,160
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,925
Total acquisition costs€29,765
Renovation€0 — move-in ready
Furnishing & STR launch (2bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€42,450
All-in investment (incl. renovation & furnishing)€467,215

Gross yield (asking price)

11.5%

True gross yield (all-in)

9.7%

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: 110
Style: contemporary
Condition: new-build
Energy Certificate: A
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

wooden balcony screensmodern outdoor lounge areasintegrated pool design

Score Breakdown

ROI
22.18
Visual Appeal
14.6
Ownership Security
13
Location
8.4
Land & Space
4.2
Rental Demand
4.19
Payback Speed
4
STR Suitability
3

Description

2 bedroom flat with 88 m2, balcony of 22 m2, inserted in a new exclusive condominium where green spaces and proximity to the natural beauty of Tavira with its beautiful beaches are combined. A residential complex with 3 blocks, Garden Villas, Sunny Villas and Sky Villas having a total of 57 apartments of one, two and

Location

📍 37.1269°N, 7.7145°W

· Tavira, Algarve, Portugal

Idealista.pt
Tavira / Eastern Algarve

T2 flat in Rua da Igreja, Nn, Luz de Tavira e Santo Estêvão, Tavira

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

Grade B+ investment — short-term rental yields 7.9% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score74
GradeB+
Brixfox Intelligence
74B+Strong
Score Breakdown
ROI & Yield81%
Capital Growth78%
Risk Profile75%
Market Demand74%

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
+12.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$86K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
7.9%
$2,830/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
12.6 yr
Rental only

Property details

Energy: A
Condition: new-build

Description

2 bedroom flat with 88 m2, balcony of 22 m2, inserted in a new exclusive condominium where green spaces and proximity to the natural beauty of Tavira with its beautiful beaches are combined. A residential complex with 3 blocks, Garden Villas, Sunny Villas and Sky Villas having a total of 57 apartments of one, two and

Income Breakdown

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Nightly Rate (ADR)
$437/night
50% ($201)Brixfox estimate($437/night)200% ($804)
Occupancy
42%
10%Brixfox estimate(42%)100%

Short-Term Rental

Yearly income
$33,959
Airbnb data$437/night · 42% occupancy
Rental income
$437/night · 42% occ.
$66,751
Running costs (20%)
Utilities, cleaning, maintenance
-$13,350
Income tax (10%)
Indonesian rental income tax
-$18,690
Property tax
Annual property tax
-$751
Net income
7.9% ROI
$33,959

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$429,348
IMT (transfer tax, investment schedule)$21,120
Imposto de Selo (stamp duty)$3,435
Notary & registration$1,359
Legal / due diligence$6,440
Total acquisition costs$32,353
RenovationMove-in ready
Furnishing & STR launch
2bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.
$46,141
All-in investment$507,842

Gross yield (asking)

15.5%

True gross yield (all-in)

13.1%

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.

$3.2M$2.4M$1.6M$796K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $395K
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 11: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$481K
+22%
Rental Income
+$166K
Total Position
$646K
+64%
10.4%/yr
Year 10
Capital Value
$585K
+48%
Rental Income
+$358K
Total Position
$943K
+139%
9.1%/yr
Year 20
Capital Value
$865K
+119%
Rental Income
+$839K
Total Position
$1.7M
+332%
7.6%/yr
Year 30
Capital Value
$1.3M
+224%
Rental Income
+$1.5M
Total Position
$2.8M
+601%
6.7%/yr

Location

Tavira

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.9% annual return
Occupancy
Weak
42% average occupancy
Nightly Rate
Strong
$402 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 $402 — 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
Occupancy at 42% — factor in seasonal gaps

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
7.6%
$2,728/mo
40% occ.
10.2%
$3,658/mo
42% occ.
10.7%
$3,831/mo
current
52% occ.
13.3%
$4,761/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.