Terraced house in Rua João Vaz Corte Real, Porta Nova - Colinas da Boavista, Tavira
Terraced house in Rua João Vaz Corte Real, Porta Nova - Colinas da Boavista, Tavira — image 2Terraced house in Rua João Vaz Corte Real, Porta Nova - Colinas da Boavista, Tavira — image 3Terraced house in Rua João Vaz Corte Real, Porta Nova - Colinas da Boavista, Tavira — image 4Terraced house in Rua João Vaz Corte Real, Porta Nova - Colinas da Boavista, Tavira — image 5
Grade Bvillabudget

Terraced house in Rua João Vaz Corte Real, Porta Nova - Colinas da Boavista, Tavira

Tavira · Eastern Algarve ·

€850,000

Asking Price (EUR)

1.5%

True Net Yield (Owner, all-in)

1.0%

True Net Yield (Managed, all-in)

2.3%

True Gross Yield

37%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.8 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: €27,119/yr
Average Daily Rate: €202
-13.0% vs area baselineImage quality 5/10 (-6%), Portuguese-traditional style (+5%), Has pool (0%), Budget finish (-12%)
Payback Period: 38.9 years
5-yr Capital Value: €1.1M
10-yr Capital Value: €1.4M
Brixfox Score: 58.4 / 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.

€1.2M

+36.2% over asking

Asking price€850,000
IMT — Property transfer tax (investment schedule)€51,000
IS — Stamp duty (0.8%)€6,800
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€12,750
Total acquisition costs€71,800
Renovation (est. €900/m² × 235 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€211,500
(€164,500–€258,500)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€24,700
All-in investment (incl. renovation & furnishing)€1.2M

Gross yield (asking price)

3.2%

True gross yield (all-in)

2.3%

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: 3
Bathrooms: 2
Building: 235 m²
Land: 600 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1974
Energy Certificate: F
Private Pool

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
10.67
Visual Appeal
6.8
Ownership Security
13
Location
9.84
Land & Space
11.4
Rental Demand
3.69
Payback Speed
0
STR Suitability
3

Description

Urban land in Tavira center Here is a great opportunity if you are looking for a house in the center, a few meters from the river, with a plot where you can build a swimming pool, a wonderful garden, or even open a business. A total of 400 m2 of urban area comprising a main house with a large roof terrace with 110m2,

Location

📍 37.1290°N, 7.6546°W

· Tavira, Algarve, Portugal

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

Terraced house in Rua João Vaz Corte Real, Porta Nova - Colinas da Boavista, Tavira

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

Grade B investment — short-term rental yields 2.0% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score58
GradeB
Brixfox Intelligence
58BStrong
Score Breakdown
ROI & Yield64%
Capital Growth61%
Risk Profile60%
Market Demand58%

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
+6.4%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$184K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
2.0%
$1,577/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
14 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
48.8 yr
Rental only

Property details

Year built: 1974
Energy: F
Condition: needs-renovation

Description

Urban land in Tavira center Here is a great opportunity if you are looking for a house in the center, a few meters from the river, with a plot where you can build a swimming pool, a wonderful garden, or even open a business. A total of 400 m2 of urban area comprising a main house with a large roof terrace with 110m2,

Income Breakdown

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Nightly Rate (ADR)
$294/night
50% ($135)Brixfox estimate($294/night)200% ($540)
Occupancy
37%
10%Brixfox estimate(37%)100%

Short-Term Rental

Yearly income
$18,924
Airbnb data$294/night · 37% occupancy
Rental income
$294/night · 37% occ.
$39,501
Running costs (20%)
Utilities, cleaning, maintenance
-$7,900
Income tax (10%)
Indonesian rental income tax
-$11,060
Property tax
Annual property tax
-$1,617
Net income
2.0% ROI
$18,924

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$923,913
IMT (transfer tax, investment schedule)$55,435
Imposto de Selo (stamp duty)$7,391
Notary & registration$1,359
Legal / due diligence$13,859
Total acquisition costs$78,043
Renovation (~$978/m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		$229,891
($178,804–$280,978)
Furnishing & STR launch
3bd × $2,717 base + appliances, electronics, outdoor, licence, photography, linens.		$24,674
All-in investment$1,256,522

Gross yield (asking)

4.3%

True gross yield (all-in)

3.1%

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.

$4.1M$3.1M$2.1M$1.0M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $850K
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.
2x return
Year 14: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.0M
+22%
Rental Income
+$92K
Total Position
$1.1M
+33%
5.8%/yr
Year 10
Capital Value
$1.3M
+48%
Rental Income
+$200K
Total Position
$1.5M
+72%
5.5%/yr
Year 20
Capital Value
$1.9M
+119%
Rental Income
+$468K
Total Position
$2.3M
+174%
5.2%/yr
Year 30
Capital Value
$2.8M
+224%
Rental Income
+$828K
Total Position
$3.6M
+322%
4.9%/yr

Location

Tavira

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
2.0% annual return
Occupancy
Weak
37% average occupancy
Nightly Rate
Strong
$270 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Strong
600 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $270 — positioned in the top tier
Generous 600 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 2.0% 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.
2.3%
$1,741/mo
40% occ.
3.1%
$2,366/mo
37% occ.
2.8%
$2,170/mo
current
47% occ.
3.6%
$2,795/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.