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+apartmentmid-range

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

Tavira · Eastern Algarve ·

€395,000

Asking Price (EUR)

5.9%

True Net Yield (Owner, all-in)

4.1%

True Net Yield (Managed, all-in)

9.1%

True Gross Yield

41%

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: €40,842/yr
Average Daily Rate: 271
+13.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%)
Payback Period: 12.1 years
5-yr Capital Value: €519,024
10-yr Capital Value: €631,472
Brixfox Score: 68.8 / 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.

€449,615

+13.8% 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 × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€24,850
All-in investment (incl. renovation & furnishing)€449,615

Gross yield (asking price)

10.3%

True gross yield (all-in)

9.1%

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
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large sliding glass doors to patiointegrated outdoor dining areaminimalist floor lamp

Score Breakdown

ROI
20.5
Visual Appeal
12.6
Ownership Security
13
Location
8.4
Land & Space
4.2
Rental Demand
4.12
Payback Speed
3
STR Suitability
3

Description

T1 apartment with 89 m2, 36 m2 balcony, located in a new exclusive condominium where green spaces and proximity to the natural beauty of Tavira and its beautiful beaches combine. A residential complex with 3 blocks, Garden Villas, Sunny Villas and Sky Villas, totaling 57 apartments with one, two and three bedrooms. T

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 7.0% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score69
GradeB+
Brixfox Intelligence
69B+Strong
Score Breakdown
ROI & Yield76%
Capital Growth72%
Risk Profile71%
Market Demand69%

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
+11.3%
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
7.0%
$2,494/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
9 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
14.3 yr
Rental only

Property details

Energy: A
Condition: new-build

Description

T1 apartment with 89 m2, 36 m2 balcony, located in a new exclusive condominium where green spaces and proximity to the natural beauty of Tavira and its beautiful beaches combine. A residential complex with 3 blocks, Garden Villas, Sunny Villas and Sky Villas, totaling 57 apartments with one, two and three bedrooms. T

Income Breakdown

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Nightly Rate (ADR)
$392/night
50% ($180)Brixfox estimate($392/night)200% ($721)
Occupancy
41%
10%Brixfox estimate(41%)100%

Short-Term Rental

Yearly income
$29,925
Airbnb data$392/night · 41% occupancy
Rental income
$392/night · 41% occ.
$58,992
Running costs (20%)
Utilities, cleaning, maintenance
-$11,798
Income tax (10%)
Indonesian rental income tax
-$16,518
Property tax
Annual property tax
-$751
Net income
7.0% ROI
$29,925

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 × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.
$27,011
All-in investment$488,712

Gross yield (asking)

13.7%

True gross yield (all-in)

12.1%

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.

$3.0M$2.2M$1.5M$745K$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 13: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$481K
+22%
Rental Income
+$146K
Total Position
$627K
+59%
9.7%/yr
Year 10
Capital Value
$585K
+48%
Rental Income
+$316K
Total Position
$900K
+128%
8.6%/yr
Year 20
Capital Value
$865K
+119%
Rental Income
+$740K
Total Position
$1.6M
+306%
7.3%/yr
Year 30
Capital Value
$1.3M
+224%
Rental Income
+$1.3M
Total Position
$2.6M
+556%
6.5%/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
Good
7.0% annual return
Occupancy
Weak
41% average occupancy
Nightly Rate
Strong
$360 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $360 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 41% — 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.
6.8%
$2,440/mo
40% occ.
9.2%
$3,274/mo
41% occ.
9.4%
$3,379/mo
current
51% occ.
11.8%
$4,213/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.