T2 flat in Rua Comandante Henrique de Brito, 17, Santa Luzia, Tavira
T2 flat in Rua Comandante Henrique de Brito, 17, Santa Luzia, Tavira — image 2T2 flat in Rua Comandante Henrique de Brito, 17, Santa Luzia, Tavira — image 3T2 flat in Rua Comandante Henrique de Brito, 17, Santa Luzia, Tavira — image 4T2 flat in Rua Comandante Henrique de Brito, 17, Santa Luzia, Tavira — image 5
Grade B+apartmentluxury

T2 flat in Rua Comandante Henrique de Brito, 17, Santa Luzia, Tavira

Tavira · Eastern Algarve ·

€328,000

Asking Price (EUR)

6.5%

True Net Yield (Owner, all-in)

4.5%

True Net Yield (Managed, all-in)

10.0%

True Gross Yield

47%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.9 months ago and is currently at 15% 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: €39,467/yr
Average Daily Rate: €231
+23.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Luxury finish (+8%)
Payback Period: 10.3 years
5-yr Capital Value: €430,987
10-yr Capital Value: €524,362
Brixfox Score: 73.8 / 100
Comparable Properties: 13
Data Confidence: 90%
Search Radius: 2 km

True Investment Cost

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

€393,314

+19.9% over asking

Asking price€328,000
IMT — Property transfer tax (investment schedule)€14,070
IS — Stamp duty (0.8%)€2,624
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,920
Total acquisition costs€22,864
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)€393,314

Gross yield (asking price)

12.0%

True gross yield (all-in)

10.0%

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: 1
Building: 89 m²
Style: contemporary
Condition: excellent
Year Built: 2009
Energy Certificate: D
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large private poolwood deck surrounding poolmodern white facade

Score Breakdown

ROI
22.72
Visual Appeal
14.2
Ownership Security
13
Location
8.4
Land & Space
3.78
Rental Demand
4.69
Payback Speed
4
STR Suitability
3

Description

Exclusive flat in a private condominium comprising two bedrooms, a bathroom, a living room, an equipped kitchen, and a large balcony that can be accessed from all rooms. It also has a parking space and a storage room in the basement of the building. This flat is located in a private condominium with a swimming pool and

Location

📍 37.1025°N, 7.6601°W

· Tavira, Algarve, Portugal

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Idealista.pt
Tavira / Eastern Algarve

T2 flat in Rua Comandante Henrique de Brito, 17, Santa Luzia, Tavira

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

Grade B+ investment — short-term rental yields 8.2% 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
+12.5%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$71K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.2%
$2,439/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
12.2 yr
Rental only

Property details

Year built: 2009
Energy: D
Condition: excellent

Description

Exclusive flat in a private condominium comprising two bedrooms, a bathroom, a living room, an equipped kitchen, and a large balcony that can be accessed from all rooms. It also has a parking space and a storage room in the basement of the building. This flat is located in a private condominium with a swimming pool and

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$336/night
50% ($155)Brixfox estimate($336/night)200% ($618)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Yearly income
$29,268
Airbnb data$336/night · 47% occupancy
Rental income
$336/night · 47% occ.
$57,484
Running costs (20%)
Utilities, cleaning, maintenance
-$11,497
Income tax (10%)
Indonesian rental income tax
-$16,095
Property tax
Annual property tax
-$624
Net income
8.2% ROI
$29,268

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$356,522
IMT (transfer tax, investment schedule)$15,293
Imposto de Selo (stamp duty)$2,852
Notary & registration$1,359
Legal / due diligence$5,348
Total acquisition costs$24,852
RenovationMove-in ready
Furnishing & STR launch
2bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$46,141
All-in investment$427,515

Gross yield (asking)

16.1%

True gross yield (all-in)

13.4%

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.

$2.7M$2.0M$1.3M$674K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $328K
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
$399K
+22%
Rental Income
+$143K
Total Position
$542K
+65%
10.6%/yr
Year 10
Capital Value
$486K
+48%
Rental Income
+$309K
Total Position
$794K
+142%
9.2%/yr
Year 20
Capital Value
$719K
+119%
Rental Income
+$724K
Total Position
$1.4M
+340%
7.7%/yr
Year 30
Capital Value
$1.1M
+224%
Rental Income
+$1.3M
Total Position
$2.3M
+615%
6.8%/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
Strong
8.2% annual return
Occupancy
Average
47% average occupancy
Nightly Rate
Strong
$309 per night
Visual Appeal
Strong
8/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 8.2% — outperforms most villas in this market
Premium nightly rate of $309 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 47% — 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.
7.0%
$2,094/mo
40% occ.
9.5%
$2,809/mo
47% occ.
11.1%
$3,301/mo
current
57% occ.
13.5%
$4,016/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.