Detached house in Rua Capitão Jorge Ribeiro, Nn, Santa Luzia, Tavira
Detached house in Rua Capitão Jorge Ribeiro, Nn, Santa Luzia, Tavira — image 2Detached house in Rua Capitão Jorge Ribeiro, Nn, Santa Luzia, Tavira — image 3Detached house in Rua Capitão Jorge Ribeiro, Nn, Santa Luzia, Tavira — image 4Detached house in Rua Capitão Jorge Ribeiro, Nn, Santa Luzia, Tavira — image 5
Grade C+villamid-range

Detached house in Rua Capitão Jorge Ribeiro, Nn, Santa Luzia, Tavira

Tavira · Eastern Algarve ·

€665,000

Asking Price (EUR)

2.4%

True Net Yield (Owner, all-in)

1.7%

True Net Yield (Managed, all-in)

3.7%

True Gross Yield

45%

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: €27,937/yr
Average Daily Rate: 169
-10.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%)
Payback Period: 29.5 years
5-yr Capital Value: €873,800
10-yr Capital Value: €1.1M
Brixfox Score: 52.5 / 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.

€754,950

+13.5% over asking

Asking price€665,000
IMT — Property transfer tax (investment schedule)€39,900
IS — Stamp duty (0.8%)€5,320
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,975
Total acquisition costs€56,445
Renovation (est. €55/m² × 121)
Light touch-ups — paint, fixtures, deep clean.
€6,655
(€3,630€9,680)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€26,850
All-in investment (incl. renovation & furnishing)€754,950

Gross yield (asking price)

4.2%

True gross yield (all-in)

3.7%

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: 3
Building: 121
Land: 108
Style: portuguese-traditional
Condition: good
Year Built: 1988
Energy Certificate: E

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

high ceilingsdecorative wall artpatterned floor tiles

Score Breakdown

ROI
11.81
Visual Appeal
8.8
Ownership Security
13
Location
8.4
Land & Space
2.92
Rental Demand
4.54
Payback Speed
0
STR Suitability
3

Description

Discover this beautifully renovated 2-bedroom, 3-bathroom home in the charming locale of Santa Luzia, Tavira. Priced at €665,000, this 121m² property boasts modern amenities and breathtaking panoramic river views, making it a perfect retreat for those seeking comfort and style. The spacious layout features two well-ap

Location

📍 37.1020°N, 7.6589°W

· Tavira, Algarve, Portugal

Idealista.pt
Tavira / Eastern Algarve

Detached house in Rua Capitão Jorge Ribeiro, Nn, Santa Luzia, Tavira

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

Grade C+ investment — short-term rental yields 2.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score53
GradeC+
Brixfox Intelligence
53C+Moderate
Score Breakdown
ROI & Yield58%
Capital Growth56%
Risk Profile55%
Market Demand53%

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
+7.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$144K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.8%
$1,658/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
36.3 yr
Rental only

Property details

Year built: 1988
Energy: E
Condition: good

Description

Discover this beautifully renovated 2-bedroom, 3-bathroom home in the charming locale of Santa Luzia, Tavira. Priced at €665,000, this 121m² property boasts modern amenities and breathtaking panoramic river views, making it a perfect retreat for those seeking comfort and style. The spacious layout features two well-ap

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$246/night
50% ($113)Brixfox estimate($246/night)200% ($452)
Occupancy
45%
10%Brixfox estimate(45%)100%

Short-Term Rental

Yearly income
$19,892
Airbnb data$246/night · 45% occupancy
Rental income
$246/night · 45% occ.
$40,687
Running costs (20%)
Utilities, cleaning, maintenance
-$8,137
Income tax (10%)
Indonesian rental income tax
-$11,392
Property tax
Annual property tax
-$1,265
Net income
2.8% ROI
$19,892

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$722,826
IMT (transfer tax, investment schedule)$43,370
Imposto de Selo (stamp duty)$5,783
Notary & registration$1,359
Legal / due diligence$10,842
Total acquisition costs$61,353
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.
$7,234
($3,946$10,522)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.
$27,011
All-in investment$818,424

Gross yield (asking)

5.6%

True gross yield (all-in)

5.0%

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.

$3.5M$2.6M$1.7M$870K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $665K
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 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$809K
+22%
Rental Income
+$97K
Total Position
$906K
+36%
6.4%/yr
Year 10
Capital Value
$984K
+48%
Rental Income
+$210K
Total Position
$1.2M
+80%
6.0%/yr
Year 20
Capital Value
$1.5M
+119%
Rental Income
+$492K
Total Position
$1.9M
+193%
5.5%/yr
Year 30
Capital Value
$2.2M
+224%
Rental Income
+$871K
Total Position
$3.0M
+355%
5.2%/yr

Location

Tavira

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.8% annual return
Occupancy
Average
45% average occupancy
Nightly Rate
Strong
$226 per night
Visual Appeal
Average
5/10 instagrammability
Size & Space
Weak
108 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $226 — 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 2.8% 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%
$1,463/mo
40% occ.
3.3%
$1,986/mo
45% occ.
3.8%
$2,268/mo
current
55% occ.
4.6%
$2,791/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.