Terraced house in Rua Capitão Jorge Ribeiro, Santa Luzia, Tavira
Terraced house in Rua Capitão Jorge Ribeiro, Santa Luzia, Tavira — image 2Terraced house in Rua Capitão Jorge Ribeiro, Santa Luzia, Tavira — image 3Terraced house in Rua Capitão Jorge Ribeiro, Santa Luzia, Tavira — image 4Terraced house in Rua Capitão Jorge Ribeiro, Santa Luzia, Tavira — image 5
Grade Bvillamid-range

Terraced house in Rua Capitão Jorge Ribeiro, Santa Luzia, Tavira

Tavira · Eastern Algarve ·

€595,000

Asking Price (EUR)

2.5%

True Net Yield (Owner, all-in)

1.7%

True Net Yield (Managed, all-in)

3.8%

True Gross Yield

31%

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: €26,091/yr
Average Daily Rate: €231
-7.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%)
Payback Period: 28.5 years
5-yr Capital Value: €781,821
10-yr Capital Value: €951,205
Brixfox Score: 55.5 / 100
Comparable Properties: 17
Data Confidence: 79%
Search Radius: 3 km

True Investment Cost

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

€683,890

+14.9% over asking

Asking price€595,000
IMT — Property transfer tax (investment schedule)€35,430
IS — Stamp duty (0.8%)€4,760
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€8,925
Total acquisition costs€50,365
Renovation (est. €55/m² × 115 m²)
Light touch-ups — paint, fixtures, deep clean.		€6,325
(€3,450–€9,200)
Furnishing & STR launch (3bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€32,200
All-in investment (incl. renovation & furnishing)€683,890

Gross yield (asking price)

4.4%

True gross yield (all-in)

3.8%

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: 2
Building: 115 m²
Land: 138 m²
Style: portuguese-traditional
Condition: good
Year Built: 1937
Energy Certificate: E

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

azulejo facadeornate window and door framesbalustrade rooftop

Score Breakdown

ROI
11.98
Visual Appeal
12.2
Ownership Security
13
Location
8.4
Land & Space
3.81
Rental Demand
3.1
Payback Speed
0
STR Suitability
3

Description

Traditional 3-bedroom villa in Santa Luzia.   Discover this magnificent 3-bedroom townhouse, located in Santa Luzia, one of the most charming towns in the Tavira region, just a few steps from the stunning Ria Formosa. This villa comprises 2 bedrooms, 1 bathroom, a large living room and an equipped kitchen, both with di

Location

📍 37.1034°N, 7.6578°W

· Tavira, Algarve, Portugal

View on ERA Tavira →Also on Idealista.pt
Idealista.pt
Tavira / Eastern Algarve

Terraced house in Rua Capitão Jorge Ribeiro, Santa Luzia, Tavira

Inventory
3 Beds
Bathrooms
2 Baths
Built Area
115 m²
Land Plot
138 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 2.9% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score56
GradeB
Brixfox Intelligence
56BStrong
Score Breakdown
ROI & Yield62%
Capital Growth59%
Risk Profile58%
Market Demand56%

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
+7.2%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$129K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.9%
$1,540/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
12 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
35.0 yr
Rental only

Property details

Year built: 1937
Energy: E
Condition: good

Description

Traditional 3-bedroom villa in Santa Luzia.   Discover this magnificent 3-bedroom townhouse, located in Santa Luzia, one of the most charming towns in the Tavira region, just a few steps from the stunning Ria Formosa. This villa comprises 2 bedrooms, 1 bathroom, a large living room and an equipped kitchen, both with di

Income Breakdown

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Nightly Rate (ADR)
$334/night
50% ($154)Brixfox estimate($334/night)200% ($614)
Occupancy
31%
10%Brixfox estimate(31%)100%

Short-Term Rental

Yearly income
$18,480
Airbnb data$334/night · 31% occupancy
Rental income
$334/night · 31% occ.
$37,715
Running costs (20%)
Utilities, cleaning, maintenance
-$7,543
Income tax (10%)
Indonesian rental income tax
-$10,560
Property tax
Annual property tax
-$1,132
Net income
2.9% ROI
$18,480

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$646,739
IMT (transfer tax, investment schedule)$38,511
Imposto de Selo (stamp duty)$5,174
Notary & registration$1,359
Legal / due diligence$9,701
Total acquisition costs$54,745
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$6,875
($3,750–$10,000)
Furnishing & STR launch
3bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$32,826
All-in investment$741,185

Gross yield (asking)

5.8%

True gross yield (all-in)

5.1%

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.

$3.1M$2.4M$1.6M$787K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $595K
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 25: rental income alone has repaid the full purchase price.
2x return
Year 12: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$724K
+22%
Rental Income
+$90K
Total Position
$814K
+37%
6.5%/yr
Year 10
Capital Value
$881K
+48%
Rental Income
+$195K
Total Position
$1.1M
+81%
6.1%/yr
Year 20
Capital Value
$1.3M
+119%
Rental Income
+$457K
Total Position
$1.8M
+196%
5.6%/yr
Year 30
Capital Value
$1.9M
+224%
Rental Income
+$809K
Total Position
$2.7M
+360%
5.2%/yr

Location

Tavira

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.9% annual return
Occupancy
Weak
31% average occupancy
Nightly Rate
Strong
$307 per night
Visual Appeal
Good
6/10 instagrammability
Size & Space
Weak
138 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $307 — 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 2.9% 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.
3.8%
$2,038/mo
current
40% occ.
5.1%
$2,749/mo
31% occ.
3.9%
$2,106/mo
current
41% occ.
5.2%
$2,817/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.