Detached house in Rua Teotónio Pereira, Santa Luzia
Detached house in Rua Teotónio Pereira, Santa Luzia — image 2Detached house in Rua Teotónio Pereira, Santa Luzia — image 3Detached house in Rua Teotónio Pereira, Santa Luzia — image 4Detached house in Rua Teotónio Pereira, Santa Luzia — image 5
Grade C+villamid-range

Detached house in Rua Teotónio Pereira, Santa Luzia

Tavira · Eastern Algarve ·

€890,000

Asking Price (EUR)

1.7%

True Net Yield (Owner, all-in)

1.2%

True Net Yield (Managed, all-in)

2.7%

True Gross Yield

39%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 14% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €26,787/yr
Average Daily Rate: €190
-7.0% vs area baselinePortuguese-traditional style (+5%), No pool (-12%)
Payback Period: 41.0 years
5-yr Capital Value: €1.2M
10-yr Capital Value: €1.4M
Brixfox Score: 53 / 100
Comparable Properties: 60
Data Confidence: 98%
Search Radius: 2 km

True Investment Cost

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

€998,845

+12.2% over asking

Asking price€890,000
IMT — Property transfer tax (investment schedule)€53,400
IS — Stamp duty (0.8%)€7,120
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€13,350
Total acquisition costs€75,120
Renovation (est. €55/m² × 125 m²)
Light touch-ups — paint, fixtures, deep clean.		€6,875
(€3,750–€10,000)
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)€998,845

Gross yield (asking price)

3.0%

True gross yield (all-in)

2.7%

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: 125 m²
Land: 54 m²
Style: portuguese-traditional
Condition: good
Year Built: 2005
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

blue and white traditional facade decorationweathervane on roofgreen shutters and doors

Score Breakdown

ROI
10.48
Visual Appeal
12.8
Ownership Security
13
Location
8.4
Land & Space
1.44
Rental Demand
3.86
Payback Speed
0
STR Suitability
3

Description

Traditional T2-Bedroom House on the Riverside Front of Santa Luzia, the Authentic Fishing Village Known as the Capital of Octopus This traditional T2 house is located on the waterfront of the authentic fishing village of Santa Luzia, widely known as the true Capital of Octopus. With an unobstructed view over the Ria F

Location

📍 37.0870°N, 8.7290°W

· Tavira, Algarve, Portugal

View on Century 21 Plaza →Also on Idealista.pt
Idealista.pt
Tavira / Eastern Algarve

Detached house in Rua Teotónio Pereira, Santa Luzia

Inventory
2 Beds
Bathrooms
2 Baths
Built Area
125 m²
Land Plot
54 m²
Tenure
Freehold
Yield Curve Status

Grade C+ investment — short-term rental yields 1.9% 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
+6.3%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.3%
+$193K in 5yr (+22%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
1.9%
$1,557/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
51.8 yr
Rental only

Property details

Year built: 2005
Energy: C
Condition: good

Description

Traditional T2-Bedroom House on the Riverside Front of Santa Luzia, the Authentic Fishing Village Known as the Capital of Octopus This traditional T2 house is located on the waterfront of the authentic fishing village of Santa Luzia, widely known as the true Capital of Octopus. With an unobstructed view over the Ria F

Income Breakdown

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$278/night
50% ($128)Brixfox estimate($278/night)200% ($512)
Occupancy
39%
10%Brixfox estimate(39%)100%

Short-Term Rental

Yearly income
$18,685
Airbnb data$278/night · 39% occupancy
Rental income
$278/night · 39% occ.
$39,188
Running costs (20%)
Utilities, cleaning, maintenance
-$7,838
Income tax (10%)
Indonesian rental income tax
-$10,973
Property tax
Annual property tax
-$1,693
Net income
1.9% ROI
$18,685

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$967,391
IMT (transfer tax, investment schedule)$58,043
Imposto de Selo (stamp duty)$7,739
Notary & registration$1,359
Legal / due diligence$14,511
Total acquisition costs$81,652
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$7,473
($4,076–$10,870)
Furnishing & STR launch
2bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$27,011
All-in investment$1,083,527

Gross yield (asking)

4.1%

True gross yield (all-in)

3.6%

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.

$4.3M$3.2M$2.1M$1.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $890K
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
$1.1M
+22%
Rental Income
+$91K
Total Position
$1.2M
+32%
5.7%/yr
Year 10
Capital Value
$1.3M
+48%
Rental Income
+$197K
Total Position
$1.5M
+70%
5.5%/yr
Year 20
Capital Value
$2.0M
+119%
Rental Income
+$462K
Total Position
$2.4M
+171%
5.1%/yr
Year 30
Capital Value
$2.9M
+224%
Rental Income
+$818K
Total Position
$3.7M
+316%
4.9%/yr

Location

Tavira

Eastern Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

No nearby Airbnb listings found

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
1.9% annual return
Occupancy
Weak
39% average occupancy
Nightly Rate
Strong
$256 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Weak
54 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $256 — 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 1.9% 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.
2.0%
$1,636/mo
40% occ.
2.8%
$2,228/mo
39% occ.
2.7%
$2,145/mo
current
49% occ.
3.4%
$2,737/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.