T3 flat in Porta Nova - Colinas da Boavista, Tavira
T3 flat in Porta Nova - Colinas da Boavista, Tavira — image 2T3 flat in Porta Nova - Colinas da Boavista, Tavira — image 3T3 flat in Porta Nova - Colinas da Boavista, Tavira — image 4T3 flat in Porta Nova - Colinas da Boavista, Tavira — image 5
Grade B+apartmentluxury

T3 flat in Porta Nova - Colinas da Boavista, Tavira

Tavira · Eastern Algarve ·

€736,250

Asking Price (EUR)

3.1%

True Net Yield (Owner, all-in)

2.2%

True Net Yield (Managed, all-in)

4.8%

True Gross Yield

40%

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: €40,599/yr
Average Daily Rate: €281
+21.0% vs area baselineImage quality 8/10 (+3%), Modern/contemporary style (+12%), No pool (-12%), Has view (+10%), Luxury finish (+8%)
Payback Period: 22.7 years
5-yr Capital Value: €967,422
10-yr Capital Value: €1.2M
Brixfox Score: 65.6 / 100
Comparable Properties: 26
Data Confidence: 95%
Search Radius: 2 km

True Investment Cost

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

€847,409

+15.1% over asking

Asking price€736,250
IMT — Property transfer tax (investment schedule)€44,175
IS — Stamp duty (0.8%)€5,890
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€11,044
Total acquisition costs€62,359
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€48,800
All-in investment (incl. renovation & furnishing)€847,409

Gross yield (asking price)

5.5%

True gross yield (all-in)

4.8%

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: 4
Building: 406 m²
Style: modern
Condition: new-build
Year Built: 2027
Energy Certificate: A
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

open-plan livingmodern kitchen island with seatingsleek pendant lightinglarge sliding glass doorswooden slatted staircase

Score Breakdown

ROI
14.56
Visual Appeal
14.2
Ownership Security
13
Location
9.84
Land & Space
6
Rental Demand
3.96
Payback Speed
1
STR Suitability
3

Description

Top floor 3-bedroom flat with large areas and lots of light, located on the 2nd floor. Comprising entrance hall, open-plan kitchen and living room, service bathroom, three full bathrooms and three bedrooms, all ensuite. This spectacular flat also has a balcony, a marvellous private terrace with 121.43 m2 and sea view

Location

📍 37.1338°N, 7.6516°W

· Tavira, Algarve, Portugal

View on Casas do Sotavento →Also on Idealista.pt
Idealista.pt
Tavira / Eastern Algarve

T3 flat in Porta Nova - Colinas da Boavista, Tavira

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

Grade B+ investment — short-term rental yields 3.6% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score66
GradeB+
Brixfox Intelligence
66B+Strong
Score Breakdown
ROI & Yield73%
Capital Growth69%
Risk Profile68%
Market Demand66%

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
+8.0%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$160K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
3.6%
$2,424/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
11 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
27.5 yr
Rental only

Property details

Year built: 2027
Energy: A
Condition: new-build

Description

Top floor 3-bedroom flat with large areas and lots of light, located on the 2nd floor. Comprising entrance hall, open-plan kitchen and living room, service bathroom, three full bathrooms and three bedrooms, all ensuite. This spectacular flat also has a balcony, a marvellous private terrace with 121.43 m2 and sea view

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$406/night
50% ($187)Brixfox estimate($406/night)200% ($746)
Occupancy
40%
10%Brixfox estimate(40%)100%

Short-Term Rental

Yearly income
$29,086
Airbnb data$406/night · 40% occupancy
Rental income
$406/night · 40% occ.
$58,627
Running costs (20%)
Utilities, cleaning, maintenance
-$11,725
Income tax (10%)
Indonesian rental income tax
-$16,416
Property tax
Annual property tax
-$1,400
Net income
3.6% ROI
$29,086

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$800,272
IMT (transfer tax, investment schedule)$48,016
Imposto de Selo (stamp duty)$6,402
Notary & registration$1,359
Legal / due diligence$12,004
Total acquisition costs$67,782
RenovationMove-in ready
Furnishing & STR launch
3bd × $8,696 base + appliances, electronics, outdoor, licence, photography, linens.		$53,043
All-in investment$921,097

Gross yield (asking)

7.3%

True gross yield (all-in)

6.4%

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.

$4.2M$3.2M$2.1M$1.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $736K
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 21: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$896K
+22%
Rental Income
+$142K
Total Position
$1.0M
+41%
7.1%/yr
Year 10
Capital Value
$1.1M
+48%
Rental Income
+$307K
Total Position
$1.4M
+90%
6.6%/yr
Year 20
Capital Value
$1.6M
+119%
Rental Income
+$719K
Total Position
$2.3M
+217%
5.9%/yr
Year 30
Capital Value
$2.4M
+224%
Rental Income
+$1.3M
Total Position
$3.7M
+397%
5.5%/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
Average
3.6% annual return
Occupancy
Weak
40% average occupancy
Nightly Rate
Strong
$373 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

Premium nightly rate of $373 — positioned in the top tier
Stunning visuals with 8/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 3.6% is near 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.
3.7%
$2,474/mo
40% occ.
5.0%
$3,337/mo
current
40% occ.
5.0%
$3,304/mo
current
50% occ.
6.2%
$4,167/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.