T2 flat in Avenida Doutor Mateus Teixeira de Azevedo, Centro Histórico, Tavira
T2 flat in Avenida Doutor Mateus Teixeira de Azevedo, Centro Histórico, Tavira — image 2T2 flat in Avenida Doutor Mateus Teixeira de Azevedo, Centro Histórico, Tavira — image 3T2 flat in Avenida Doutor Mateus Teixeira de Azevedo, Centro Histórico, Tavira — image 4T2 flat in Avenida Doutor Mateus Teixeira de Azevedo, Centro Histórico, Tavira — image 5
Grade C+apartmentbudget

T2 flat in Avenida Doutor Mateus Teixeira de Azevedo, Centro Histórico, Tavira

Tavira · Eastern Algarve ·

€295,000

Asking Price (EUR)

3.1%

True Net Yield (Owner, all-in)

1.8%

True Net Yield (Managed, all-in)

4.3%

True Gross Yield

48%

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: €17,952/yr
Average Daily Rate: €102
-48.0% vs area baselineImage quality 4/10 (-9%), Dated style (-15%), No pool (-12%), Budget finish (-12%)
Payback Period: 45.3 years
5-yr Capital Value: €341,986
10-yr Capital Value: €396,455
Brixfox Score: 50.6 / 100
Comparable Properties: 72
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.

€415,232

+40.8% over asking

Asking price€295,000
IMT — Property transfer tax (investment schedule)€11,647
IS — Stamp duty (0.8%)€2,360
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€4,425
Total acquisition costs€19,682
Renovation (est. €900/m² × 93 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€83,700
(€65,100–€102,300)
Furnishing & STR launch (2bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€16,850
All-in investment (incl. renovation & furnishing)€415,232

Gross yield (asking price)

6.1%

True gross yield (all-in)

4.3%

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: 2
Bathrooms: 1
Building: 93 m²
Style: dated
Condition: needs-renovation
Year Built: 2001
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

fireplace

Score Breakdown

ROI
8.74
Visual Appeal
5.4
Ownership Security
13
Location
9.84
Land & Space
3.86
Rental Demand
4.81
Payback Speed
1
STR Suitability
4

Description

Condo/Apartment T2 for sale.

Location

📍 37.1220°N, 7.6551°W

· Tavira, Algarve, Portugal

View on RE/MAX Tavira →Also on Idealista.pt
T2 flat in Avenida Doutor Mateus Teixeira de Azevedo, Centro Histórico, Tavira
Idealista.pt
Source verified

T2 flat in Avenida Doutor Mateus Teixeira de Azevedo, Centro Histórico, Tavira

Tavira · Eastern Algarve · Freehold · Ref BF-7189
Ownership
Freehold
Bedrooms
2
Bathrooms
1
Built area
93 m²
True net yield
2.2%
≈ $1,405/mo net after costs & tax
Brixfox Score 51 · C+

Property details

Year built: 2001
Energy: C
Condition: needs-renovation

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.

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Customize your projections
Nightly Rate (ADR)
$147/night
50% ($68)Brixfox estimate($147/night)200% ($271)
Occupancy
48%
10%Brixfox estimate(48%)100%

Short-Term Rental

Yearly income
$12,426
Airbnb data$147/night · 48% occupancy
Rental income
$147/night · 48% occ.
$23,896
Running costs (20%)
Utilities, cleaning, maintenance
-$4,779
Income tax (10%)
Indonesian rental income tax
-$6,691
Property tax
Annual property tax
-$0
Net income
3.9% ROI
$12,426

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

Approx. location

Net Yield · Fully-Managed · After Tax

2.2%

on all-in cost of $362,147

Scenario
Pre-tax
After-tax
Owner-managed
4.7%
4.1%
Fully-managed
2.8%
2.2%
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

6.6%

Annual Revenue

$23,896

Income Tax / yr

$2,091

Payback

45 yrs

True All-In Cost
Asking price$320,652
IMT — transfer tax (non-resident 7.5%)$24,049
Stamp duty (0.8%)$2,565
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$8,696
All-in cost$362,147

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Tavira.

$1.7M$1.3M$863K$431K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $295K
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 20: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$359K
+22%
Rental Income
+$61K
Total Position
$420K
+42%
7.3%/yr
Year 10
Capital Value
$437K
+48%
Rental Income
+$131K
Total Position
$568K
+92%
6.8%/yr
Year 20
Capital Value
$646K
+119%
Rental Income
+$307K
Total Position
$954K
+223%
6.0%/yr
Year 30
Capital Value
$957K
+224%
Rental Income
+$544K
Total Position
$1.5M
+409%
5.6%/yr

Location

Tavira

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
3.9% annual return
Occupancy
Average
48% average occupancy
Nightly Rate
Good
$135 per night
Visual Appeal
Weak
2/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 3.9% is near 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.
3.5%
$940/mo
40% occ.
4.7%
$1,253/mo
48% occ.
5.6%
$1,505/mo
current
58% occ.
6.8%
$1,819/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
$320,652
2.2%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.