Launch offer — 3 months free free, no card

Detached house in Avenida Engenheiro Duarte Pacheco, 15, Santa Luzia
Detached house in Avenida Engenheiro Duarte Pacheco, 15, Santa Luzia — image 2Detached house in Avenida Engenheiro Duarte Pacheco, 15, Santa Luzia — image 3Detached house in Avenida Engenheiro Duarte Pacheco, 15, Santa Luzia — image 4Detached house in Avenida Engenheiro Duarte Pacheco, 15, Santa Luzia — image 5
Grade Cvillabudget

Detached house in Avenida Engenheiro Duarte Pacheco, 15, Santa Luzia

Tavira · Eastern Algarve ·

€660,000

Asking Price (EUR)

1.6%

True Net Yield (Owner, all-in)

0.9%

True Net Yield (Managed, all-in)

2.9%

True Gross Yield

51%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.9 months ago and is currently at 24% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.77, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €24,570/yr
Average Daily Rate: €133
-15.0% vs area baselineImage quality 5/10 (-6%), Portuguese-traditional style (+5%), No pool (-12%), Has view (+10%), Budget finish (-12%)
Payback Period: 119.0 years
5-yr Capital Value: €765,121
10-yr Capital Value: €886,985
Brixfox Score: 44.7 / 100
Comparable Properties: 31
Data Confidence: 96%
Search Radius: 2 km

True Investment Cost

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

€851,230

+29.0% over asking

Asking price€660,000
IMT — Property transfer tax (investment schedule)€39,600
IS — Stamp duty (0.8%)€5,280
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€9,900
Total acquisition costs€56,030
Renovation (est. €900/m² × 133 m²)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.		€119,700
(€93,100–€146,300)
Furnishing & STR launch (1bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€15,500
All-in investment (incl. renovation & furnishing)€851,230

Gross yield (asking price)

3.7%

True gross yield (all-in)

2.9%

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: 1
Bathrooms: 1
Building: 133 m²
Land: 133 m²
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1951
Energy Certificate: F
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

waterfront-proximityrooftop-terrace-potential

Score Breakdown

ROI
3.36
Visual Appeal
7.4
Ownership Security
13
Location
8.4
Land & Space
3.46
Rental Demand
5.05
Payback Speed
0
STR Suitability
4

Description

This charming property is located in the picturesque village of Santa Luzia, one of the most sought-after areas in the Algarve, known for its tranquility and natural beauty. The property offers two independent uses, making it ideal for those looking for both a residential space and a commercial opportunity. The commerc

Location

📍 37.0870°N, 8.7290°W

· Tavira, Algarve, Portugal

Visit Century21 Plaza →Listed via Idealista.pt
1-bedroom freehold villa in Tavira — photo 1 of 5
Century21 Plaza
1-bedroom freehold villa in Tavira — photo 2 of 5
1-bedroom freehold villa in Tavira — photo 3 of 5
1-bedroom freehold villa in Tavira — photo 4 of 5
1-bedroom freehold villa in Tavira — photo 5 of 5

Detached house in Avenida Engenheiro Duarte Pacheco, 15, Santa Luzia

Tavira · Eastern Algarve · Ref BF-12219 Source verified · Century21 Plaza · listed 3 May 2026
Asking price · Freehold
$717,391
View original listing
Ownership
Freehold
Bedrooms
1
Bathrooms
1
Built area
133 m²
Land
133 m²
True net yield
0.8%
≈ $1,518/mo net after costs & tax
5-yr total return (net + appreciation)
6.7% / yr avg
Payback in ~119 yrs from rent
Brixfox Score 45 · C

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Tavira

Eastern Algarve, Approximate area

Loading Map...

Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Year built: 1951
Energy: F
Condition: needs-renovation

Description

This charming property is located in the picturesque village of Santa Luzia, one of the most sought-after areas in the Algarve, known for its tranquility and natural beauty. The property offers two independent uses, making it ideal for those looking for both a residential space and a commercial opportunity. The commerc

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)
$187/night
50% ($86)Brixfox estimate($187/night)200% ($345)
Occupancy
51%
10%Brixfox estimate(51%)100%

Short-Term Rental

Indicative
Yearly income
$16,641
Likely range $9,985 – $23,298
Airbnb data$187/night · 51% occupancy
Rental income
$187/night · 51% occ.
$32,002
Running costs (20%)
Utilities, cleaning, maintenance
-$6,400
Income tax (10%)
Indonesian rental income tax
-$8,961
Property tax
Annual property tax
-$0
Net income
2.3% ROI
$16,641

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

0.8%

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
2.2%
1.9%
Fully-managed
1.2%
0.8%
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

3.9%

Annual Revenue

$32,002

Income Tax / yr

$2,800

Payback

—

True All-In Cost
Asking price$717,391
IMT — transfer tax (non-resident 7.5%)$53,804
Stamp duty (0.8%)$5,739
Notary + registry$2,174
Legal$8,824
Furnishing + STR launch$27,174
All-in cost$815,107

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Tavira.

$3.3M$2.5M$1.6M$825K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $660K
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 29: rental income alone has repaid the full purchase price.
2x return
Year 13: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$803K
+22%
Rental Income
+$81K
Total Position
$884K
+34%
6.0%/yr
Year 10
Capital Value
$977K
+48%
Rental Income
+$176K
Total Position
$1.2M
+75%
5.7%/yr
Year 20
Capital Value
$1.4M
+119%
Rental Income
+$411K
Total Position
$1.9M
+181%
5.3%/yr
Year 30
Capital Value
$2.1M
+224%
Rental Income
+$728K
Total Position
$2.9M
+335%
5.0%/yr
Turnkey Management

Your property, professionally managed

Buying from abroad? You won't lift a finger. A vetted local management partner is already connected to this listing — ready to run it as a short-stay rental from day one, so the Managed projections above are something you can actually rely on.

Vetted by Brixfox 8+ yrs operating 110+ properties managed ~2h guest response

Atlantic Stays Management

Vetted

Alojamento Local management, Lisbon to the Algarve

22%
Management fee
of rental revenue — already in your Managed figures

End-to-end AL management for international owners. We handle the licence, the platforms and the guests so your second home pays for itself.

What the fee covers

  • Listing setup & optimisation (Airbnb, Booking.com, VRBO)
  • Dynamic pricing & revenue management
  • 24/7 multilingual guest communication
  • Guided check-in / check-out & key handling
  • Professional cleaning, laundry & restocking
  • Maintenance & repairs coordination
  • Monthly owner statements & payouts
  • Guest screening & damage protection
  • Alojamento Local (AL) licence handling & renewals
  • SEF/AIMA guest registration & tourist-tax filing
Visit Atlantic Stays Management

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
2.3% annual return
Occupancy
Average
51% average occupancy
Nightly Rate
Good
$172 per night
Visual Appeal
Average
4/10 instagrammability
Size & Space
Weak
133 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 2.3% 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

31% occ.
2.0%
$1,219/mo
41% occ.
2.7%
$1,617/mo
51% occ.
3.4%
$2,016/mo
current
61% occ.
4.0%
$2,415/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. Market factors in Portugal may impact actual yields.