Detached house in Rua Doutor Miguel Bombarda, 41, Centro Histórico, Tavira
Detached house in Rua Doutor Miguel Bombarda, 41, Centro Histórico, Tavira — image 2Detached house in Rua Doutor Miguel Bombarda, 41, Centro Histórico, Tavira — image 3Detached house in Rua Doutor Miguel Bombarda, 41, Centro Histórico, Tavira — image 4Detached house in Rua Doutor Miguel Bombarda, 41, Centro Histórico, Tavira — image 5
Grade Avillabudget

Detached house in Rua Doutor Miguel Bombarda, 41, Centro Histórico, Tavira

Tavira · Eastern Algarve ·

€586,000

Asking Price (EUR)

6.0%

True Net Yield (Owner, all-in)

4.2%

True Net Yield (Managed, all-in)

9.3%

True Gross Yield

67%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 17% 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: €82,839/yr
Average Daily Rate: €340
-22.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 8.1 years
5-yr Capital Value: €769,995
10-yr Capital Value: €936,817
Brixfox Score: 76.2 / 100
Comparable Properties: 4
Data Confidence: 61%
Search Radius: 6 km

True Investment Cost

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

€890,488

+52.0% over asking

Asking price€586,000
IMT — Property transfer tax (investment schedule)€34,710
IS — Stamp duty (0.8%)€4,688
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,790
Total acquisition costs€49,438
Renovation (est. €900/m² × 255 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€229,500
(€178,500–€280,500)
Furnishing & STR launch (4bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€25,550
All-in investment (incl. renovation & furnishing)€890,488

Gross yield (asking price)

14.1%

True gross yield (all-in)

9.3%

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: 4
Bathrooms: 2
Building: 255 m²
Land: 154 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1992
Energy Certificate: E

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

ornate stone entrancetraditional wooden doorsiron balconies

Score Breakdown

ROI
25
Visual Appeal
10.8
Ownership Security
13
Location
9.84
Land & Space
3.27
Rental Demand
7.26
Payback Speed
4
STR Suitability
3

Description

Unique opportunity to acquire a complete building in the heart of Tavira's historic center, just meters from the iconic Tavira Castle. Comprising two independent units (No. 39 and No. 41), this property totals 255 m² of gross area, distributed over the ground floor and first floor, offering enormous potential for appr

Location

📍 37.1232°N, 7.6524°W

· Tavira, Algarve, Portugal

View on CENTURY 21 Realty Art VII →Also on Idealista.pt
Idealista.pt
Tavira / Eastern Algarve

Detached house in Rua Doutor Miguel Bombarda, 41, Centro Histórico, Tavira

Inventory
4 Beds
Bathrooms
2 Baths
Built Area
255 m²
Land Plot
154 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 10.5% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score76
GradeA
Brixfox Intelligence
76AExcellent
Score Breakdown
ROI & Yield84%
Capital Growth80%
Risk Profile77%
Market Demand76%

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
+14.8%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$127K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
10.5%
$5,559/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
7 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
9.5 yr
Rental only

Property details

Year built: 1992
Energy: E
Condition: needs-renovation

Description

Unique opportunity to acquire a complete building in the heart of Tavira's historic center, just meters from the iconic Tavira Castle. Comprising two independent units (No. 39 and No. 41), this property totals 255 m² of gross area, distributed over the ground floor and first floor, offering enormous potential for appr

Income Breakdown

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Nightly Rate (ADR)
$492/night
50% ($226)Brixfox estimate($492/night)200% ($906)
Occupancy
73%
10%Brixfox estimate(73%)100%

Short-Term Rental

Yearly income
$66,702
Airbnb data$492/night · 73% occupancy
Rental income
$492/night · 73% occ.
$130,417
Running costs (20%)
Utilities, cleaning, maintenance
-$26,083
Income tax (10%)
Indonesian rental income tax
-$36,517
Property tax
Annual property tax
-$1,115
Net income
10.5% ROI
$66,702

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$636,957
IMT (transfer tax, investment schedule)$37,728
Imposto de Selo (stamp duty)$5,096
Notary & registration$1,359
Legal / due diligence$9,554
Total acquisition costs$53,737
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$249,457
($194,022–$304,891)
Furnishing & STR launch
4bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$25,598
All-in investment$965,748

Gross yield (asking)

20.5%

True gross yield (all-in)

13.5%

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.

$5.5M$4.2M$2.8M$1.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $586K
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 9: rental income alone has repaid the full purchase price.
2x return
Year 7: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$713K
+22%
Rental Income
+$326K
Total Position
$1.0M
+77%
12.1%/yr
Year 10
Capital Value
$867K
+48%
Rental Income
+$703K
Total Position
$1.6M
+168%
10.4%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$1.6M
Total Position
$2.9M
+401%
8.4%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$2.9M
Total Position
$4.8M
+723%
7.3%/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
10.5% annual return
Occupancy
Good
73% average occupancy
Nightly Rate
Strong
$453 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Average
154 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 10.5% — outperforms most villas in this market
Premium nightly rate of $453 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Visual appeal is below average — photos may not compete well on Airbnb listings

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

53% occ.
10.2%
$5,419/mo
63% occ.
12.2%
$6,467/mo
73% occ.
14.2%
$7,514/mo
current
83% occ.
16.1%
$8,562/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.