T3 flat in Rua Diogo Tavares e Ataide, 8, Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira
T3 flat in Rua Diogo Tavares e Ataide, 8, Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira — image 2T3 flat in Rua Diogo Tavares e Ataide, 8, Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira — image 3T3 flat in Rua Diogo Tavares e Ataide, 8, Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira — image 4T3 flat in Rua Diogo Tavares e Ataide, 8, Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira — image 5
Grade Bapartmentmid-range

T3 flat in Rua Diogo Tavares e Ataide, 8, Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira

Tavira · Eastern Algarve ·

€1.1M

Asking Price (EUR)

2.3%

True Net Yield (Owner, all-in)

1.6%

True Net Yield (Managed, all-in)

3.5%

True Gross Yield

43%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2 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: €45,764/yr
Average Daily Rate: €290
+25.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%)
Payback Period: 31.3 years
5-yr Capital Value: €1.5M
10-yr Capital Value: €1.8M
Brixfox Score: 58.6 / 100
Comparable Properties: 20
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.

€1.3M

+12.8% over asking

Asking price€1.1M
IMT — Property transfer tax (investment schedule)€86,250
IS — Stamp duty (0.8%)€9,200
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€17,250
Total acquisition costs€113,950
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,700
All-in investment (incl. renovation & furnishing)€1.3M

Gross yield (asking price)

4.0%

True gross yield (all-in)

3.5%

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: 117 m²
Style: modern
Condition: new-build
Energy Certificate: A
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

large communal pool areamodern apartment blocksmountain backdrop

Score Breakdown

ROI
11.54
Visual Appeal
12.6
Ownership Security
13
Location
9.84
Land & Space
4.34
Rental Demand
4.32
Payback Speed
0
STR Suitability
3

Description

3 bedroom flat with 117m2 of floor space, with communal pool and 2 parking spaces, in the charming city of Tavira, next to the Ria Formosa, a residential project that combines contemporary design, comfort and a privileged location in the heart of the Algarve. The building consists of 24 apartments, spread over T1, T2

Location

📍 37.1337°N, 7.6334°W

· Tavira, Algarve, Portugal

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Idealista.pt
Tavira / Eastern Algarve

T3 flat in Rua Diogo Tavares e Ataide, 8, Pegada - Mato Santo Espírito - Vale Carangueijo, Tavira

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

Grade B investment — short-term rental yields 2.6% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score59
GradeB
Brixfox Intelligence
59BStrong
Score Breakdown
ROI & Yield65%
Capital Growth62%
Risk Profile61%
Market Demand59%

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
+6.9%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$249K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.6%
$2,696/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
13 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
38.6 yr
Rental only

Property details

Energy: A
Condition: new-build

Description

3 bedroom flat with 117m2 of floor space, with communal pool and 2 parking spaces, in the charming city of Tavira, next to the Ria Formosa, a residential project that combines contemporary design, comfort and a privileged location in the heart of the Algarve. The building consists of 24 apartments, spread over T1, T2

Income Breakdown

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Nightly Rate (ADR)
$422/night
50% ($194)Brixfox estimate($422/night)200% ($776)
Occupancy
43%
10%Brixfox estimate(43%)100%

Short-Term Rental

Yearly income
$32,350
Airbnb data$422/night · 43% occupancy
Rental income
$422/night · 43% occ.
$66,418
Running costs (20%)
Utilities, cleaning, maintenance
-$13,284
Income tax (10%)
Indonesian rental income tax
-$18,597
Property tax
Annual property tax
-$2,188
Net income
2.6% ROI
$32,350

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$1,250,000
IMT (transfer tax, investment schedule)$93,750
Imposto de Selo (stamp duty)$10,000
Notary & registration$1,359
Legal / due diligence$18,750
Total acquisition costs$123,859
RenovationMove-in ready
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$35,543
All-in investment$1,409,402

Gross yield (asking)

5.3%

True gross yield (all-in)

4.7%

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.

$5.9M$4.4M$3.0M$1.5M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.1M
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 27: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.4M
+22%
Rental Income
+$158K
Total Position
$1.6M
+35%
6.2%/yr
Year 10
Capital Value
$1.7M
+48%
Rental Income
+$341K
Total Position
$2.0M
+78%
5.9%/yr
Year 20
Capital Value
$2.5M
+119%
Rental Income
+$800K
Total Position
$3.3M
+189%
5.4%/yr
Year 30
Capital Value
$3.7M
+224%
Rental Income
+$1.4M
Total Position
$5.1M
+347%
5.1%/yr

Location

Tavira

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.6% annual return
Occupancy
Weak
43% average occupancy
Nightly Rate
Strong
$388 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 $388 — 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 2.6% is below 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.
2.4%
$2,510/mo
40% occ.
3.3%
$3,408/mo
43% occ.
3.5%
$3,692/mo
current
53% occ.
4.4%
$4,590/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.