Penthouse in Rua dos pescadores, Conceição e Cabanas de Tavira, Tavira
Penthouse in Rua dos pescadores, Conceição e Cabanas de Tavira, Tavira — image 2Penthouse in Rua dos pescadores, Conceição e Cabanas de Tavira, Tavira — image 3Penthouse in Rua dos pescadores, Conceição e Cabanas de Tavira, Tavira — image 4Penthouse in Rua dos pescadores, Conceição e Cabanas de Tavira, Tavira — image 5
Grade Bapartmentmid-range

Penthouse in Rua dos pescadores, Conceição e Cabanas de Tavira, Tavira

Tavira · Eastern Algarve ·

€385,000

Asking Price (EUR)

4.3%

True Net Yield (Owner, all-in)

3.0%

True Net Yield (Managed, all-in)

6.7%

True Gross Yield

37%

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: €29,775/yr
Average Daily Rate: 222
+22.0% vs area baselineModern/contemporary style (+12%), Has pool (0%), Has view (+10%)
Payback Period: 16.2 years
5-yr Capital Value: €505,884
10-yr Capital Value: €615,486
Brixfox Score: 64.8 / 100
Comparable Properties: 58
Data Confidence: 97%
Search Radius: 2 km

True Investment Cost

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

€447,135

+16.1% over asking

Asking price€385,000
IMT — Property transfer tax (investment schedule)€18,630
IS — Stamp duty (0.8%)€3,080
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,775
Total acquisition costs€28,735
Renovation (est. €55/m² × 110)
Light touch-ups — paint, fixtures, deep clean.
€6,050
(€3,300€8,800)
Furnishing & STR launch (2bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€27,350
All-in investment (incl. renovation & furnishing)€447,135

Gross yield (asking price)

7.7%

True gross yield (all-in)

6.7%

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: 2
Building: 110
Style: contemporary
Condition: good
Energy Certificate: A+
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

multi-level terracesmodern white facadesintegrated pool area

Score Breakdown

ROI
17.3
Visual Appeal
11.8
Ownership Security
13
Location
9.84
Land & Space
4.2
Rental Demand
3.68
Payback Speed
2
STR Suitability
3

Description

This two bedroom apartment has a large terrace all around the apartment. It offers fantastic sea views and views over the Ria Formosa nature reserve area. The terrace has sun all day. It has a large pool area with sunbeds. This condominium is gated with access for owners only. This two bedroom penthouse apartment h

Location

📍 37.1363°N, 7.6036°W

· Tavira, Algarve, Portugal

Idealista.pt
Tavira / Eastern Algarve

Penthouse in Rua dos pescadores, Conceição e Cabanas de Tavira, Tavira

Inventory
2 Beds
Bathrooms
2 Baths
Built Area
110 m²
Land Plot
0 m²
Tenure
Freehold
Yield Curve Status

Grade B investment — short-term rental yields 5.2% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score65
GradeB
Brixfox Intelligence
65BStrong
Score Breakdown
ROI & Yield72%
Capital Growth68%
Risk Profile67%
Market Demand65%

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
+9.5%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$83K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
5.2%
$1,804/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
10 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
19.3 yr
Rental only

Property details

Energy: A+
Condition: good

Description

This two bedroom apartment has a large terrace all around the apartment. It offers fantastic sea views and views over the Ria Formosa nature reserve area. The terrace has sun all day. It has a large pool area with sunbeds. This condominium is gated with access for owners only. This two bedroom penthouse apartment h

Income Breakdown

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Nightly Rate (ADR)
$321/night
50% ($147)Brixfox estimate($321/night)200% ($590)
Occupancy
37%
10%Brixfox estimate(37%)100%

Short-Term Rental

Yearly income
$21,643
Airbnb data$321/night · 37% occupancy
Rental income
$321/night · 37% occ.
$43,030
Running costs (20%)
Utilities, cleaning, maintenance
-$8,606
Income tax (10%)
Indonesian rental income tax
-$12,049
Property tax
Annual property tax
-$732
Net income
5.2% ROI
$21,643

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$418,478
IMT (transfer tax, investment schedule)$20,250
Imposto de Selo (stamp duty)$3,348
Notary & registration$1,359
Legal / due diligence$6,277
Total acquisition costs$31,234
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.
$6,576
($3,587$9,565)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.
$29,728
All-in investment$486,016

Gross yield (asking)

10.3%

True gross yield (all-in)

8.9%

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.

$2.5M$1.9M$1.3M$631K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $385K
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 16: rental income alone has repaid the full purchase price.
2x return
Year 10: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$468K
+22%
Rental Income
+$106K
Total Position
$574K
+49%
8.3%/yr
Year 10
Capital Value
$570K
+48%
Rental Income
+$228K
Total Position
$798K
+107%
7.6%/yr
Year 20
Capital Value
$844K
+119%
Rental Income
+$535K
Total Position
$1.4M
+258%
6.6%/yr
Year 30
Capital Value
$1.2M
+224%
Rental Income
+$947K
Total Position
$2.2M
+470%
6.0%/yr

Location

Tavira

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
5.2% annual return
Occupancy
Weak
37% average occupancy
Nightly Rate
Strong
$295 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $295 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 37% — factor in seasonal gaps

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

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
5.7%
$1,987/mo
40% occ.
7.7%
$2,670/mo
37% occ.
7.0%
$2,449/mo
current
47% occ.
9.0%
$3,132/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.