T3 flat in Luz de Tavira e Santo Estêvão, Tavira
T3 flat in Luz de Tavira e Santo Estêvão, Tavira — image 2T3 flat in Luz de Tavira e Santo Estêvão, Tavira — image 3T3 flat in Luz de Tavira e Santo Estêvão, Tavira — image 4T3 flat in Luz de Tavira e Santo Estêvão, Tavira — image 5
Grade B+apartmentbudget

T3 flat in Luz de Tavira e Santo Estêvão, Tavira

Tavira · Eastern Algarve ·

€365,000

Asking Price (EUR)

7.1%

True Net Yield (Owner, all-in)

5.0%

True Net Yield (Managed, all-in)

8.7%

True Gross Yield

52%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.2 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €44,670/yr
Average Daily Rate: €234
-12.0% vs area baselineImage quality 6/10 (-3%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 15.4 years
5-yr Capital Value: €423,135
10-yr Capital Value: €490,529
Brixfox Score: 70.1 / 100
Comparable Properties: 4
Data Confidence: 72%
Search Radius: 2 km

True Investment Cost

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

€514,475

+41.0% over asking

Asking price€365,000
IMT — Property transfer tax (investment schedule)€17,030
IS — Stamp duty (0.8%)€2,920
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€5,475
Total acquisition costs€26,675
Renovation (est. €900/m² × 114 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€102,600
(€79,800–€125,400)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€20,200
All-in investment (incl. renovation & furnishing)€514,475

Gross yield (asking price)

12.2%

True gross yield (all-in)

8.7%

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: 3
Bathrooms: 2
Building: 114 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 2026
Energy Certificate: A
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AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
21.98
Visual Appeal
9.2
Ownership Security
13
Location
8.4
Land & Space
4.28
Rental Demand
5.24
Payback Speed
4
STR Suitability
4

Description

We present a sophisticated three-bedroom apartment set within an exclusive development in the charming Luz de Tavira, where contemporary elegance blends seamlessly with the serenity of the Algarve coastline. With a gross construction area of 113.75 sqm, this property stands out for its abundant natural light and thoug

Location

📍 37.1006°N, 7.6982°W

· Tavira, Algarve, Portugal

View on Casas do Sotavento →Also on Idealista.pt
T3 flat in Luz de Tavira e Santo Estêvão, Tavira
Idealista.pt
Source verified

T3 flat in Luz de Tavira e Santo Estêvão, Tavira

Tavira · Eastern Algarve · Freehold · Ref BF-3246
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Built area
114 m²
True net yield
6.5%
≈ $4,060/mo net after costs & tax
Brixfox Score 70 · B+

Property details

Year built: 2026
Energy: A
Condition: needs-renovation

Description

We present a sophisticated three-bedroom apartment set within an exclusive development in the charming Luz de Tavira, where contemporary elegance blends seamlessly with the serenity of the Algarve coastline. With a gross construction area of 113.75 sqm, this property stands out for its abundant natural light and thoug

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$336/night
50% ($155)Brixfox estimate($336/night)200% ($618)
Occupancy
52%
10%Brixfox estimate(52%)100%

Short-Term Rental

Yearly income
$30,940
Airbnb data$336/night · 52% occupancy
Rental income
$336/night · 52% occ.
$59,500
Running costs (20%)
Utilities, cleaning, maintenance
-$11,900
Income tax (10%)
Indonesian rental income tax
-$16,660
Property tax
Annual property tax
-$0
Net income
7.8% ROI
$30,940

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Investment Returns

After-tax net yield · all-in cost basis

Exact location

Net Yield · Fully-Managed · After Tax

6.5%

on all-in cost of $445,418

Scenario
Pre-tax
After-tax
Owner-managed
10.9%
9.8%
Fully-managed
7.7%
6.5%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

13.4%

Annual Revenue

$59,500

Income Tax / yr

$5,207

Payback

15 yrs

True All-In Cost
Asking price$396,739
IMT — transfer tax (non-resident 7.5%)$29,755
Stamp duty (0.8%)$3,174
Notary + registry$2,174
Legal$4,880
Furnishing + STR launch$8,696
All-in cost$445,418

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Tavira.

$2.9M$2.2M$1.5M$730K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $365K
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 12: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$444K
+22%
Rental Income
+$151K
Total Position
$595K
+63%
10.3%/yr
Year 10
Capital Value
$540K
+48%
Rental Income
+$326K
Total Position
$867K
+137%
9.0%/yr
Year 20
Capital Value
$800K
+119%
Rental Income
+$765K
Total Position
$1.6M
+329%
7.5%/yr
Year 30
Capital Value
$1.2M
+224%
Rental Income
+$1.4M
Total Position
$2.5M
+595%
6.7%/yr

Location

Tavira

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.8% annual return
Occupancy
Average
52% average occupancy
Nightly Rate
Strong
$309 per night
Visual Appeal
Average
4/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $309 — 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 52% — 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

32% occ.
7.0%
$2,317/mo
42% occ.
9.2%
$3,033/mo
52% occ.
11.3%
$3,748/mo
current
62% occ.
13.5%
$4,464/mo

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Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.

Asking price · Freehold
$396,739
6.5%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.