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Village house in Morenos, Santa Catarina Fonte Bispo
Village house in Morenos, Santa Catarina Fonte Bispo — image 2Village house in Morenos, Santa Catarina Fonte Bispo — image 3Village house in Morenos, Santa Catarina Fonte Bispo — image 4Village house in Morenos, Santa Catarina Fonte Bispo — image 5
Grade Bvillabudget

Village house in Morenos, Santa Catarina Fonte Bispo

Tavira · Eastern Algarve ·

€167,000

Asking Price (EUR)

3.9%

True Net Yield (Owner, all-in)

2.2%

True Net Yield (Managed, all-in)

5.9%

True Gross Yield

46%

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: €21,203/yr
Average Daily Rate: 125
-34.0% vs area baselineImage quality 2/10 (-15%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 28.7 years
5-yr Capital Value: €193,599
10-yr Capital Value: €224,434
Brixfox Score: 55.8 / 100
Comparable Properties: 5
Data Confidence: 60%
Search Radius: 6 km

True Investment Cost

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

€358,539

+114.7% over asking

Asking price€167,000
IMT — Property transfer tax (investment schedule)€3,148
IS — Stamp duty (0.8%)€1,336
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€2,505
Total acquisition costs€8,239
Renovation (est. €900/m² × 179)
Substantial renovation — full bathrooms + kitchen, rewiring, plumbing, finishes.
€161,100
(€125,300€196,900)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.
€22,200
All-in investment (incl. renovation & furnishing)€358,539

Gross yield (asking price)

12.7%

True gross yield (all-in)

5.9%

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: 3
Bathrooms: 1
Building: 179
Land: 305
Style: portuguese-traditional
Condition: needs-renovation
Year Built: 1951
Energy Certificate: Exempt

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

stone wallstraditional architecture

Score Breakdown

ROI
13.18
Visual Appeal
3.4
Ownership Security
13
Location
8.4
Land & Space
7.15
Rental Demand
4.65
Payback Speed
2
STR Suitability
4

Description

TWO SEMI-DETACHED COTTAGES FOR RENOVATION WITH BEAUTIFUL VIEWS OF THE COUNTRYSIDE AND THE HILLS ON A PLOT OF 305,00 SQ. M. LOCATION The property is located close to the village of Santa Catarina, which is 10 minutes away. The coastal town of Tavira is approximately 15 minutes driving away. The International Airport an

Location

📍 37.1691°N, 7.7371°W

· Tavira, Algarve, Portugal

Visit Aimcliff PropertiesListed via Idealista.pt
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Village house in Morenos, Santa Catarina Fonte Bispo

Tavira · Eastern Algarve · Ref BF-12415 Source verified · Aimcliff Properties · listed 3 Jun 2026
Asking price · Freehold
$181,522
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
1
Built area
179 m²
Land
305 m²
True net yield
3.5%
$1,502/mo net after costs & tax
5-yr total return (net + appreciation)
12.2% / yr avg
Payback in ~29 yrs from rent
Brixfox Score 56 · B

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

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

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

Description

TWO SEMI-DETACHED COTTAGES FOR RENOVATION WITH BEAUTIFUL VIEWS OF THE COUNTRYSIDE AND THE HILLS ON A PLOT OF 305,00 SQ. M. LOCATION The property is located close to the village of Santa Catarina, which is 10 minutes away. The coastal town of Tavira is approximately 15 minutes driving away. The International Airport an

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)
$176/night
50% ($81)Brixfox estimate($176/night)200% ($324)
Occupancy
46%
10%Brixfox estimate(46%)100%

Short-Term Rental

Indicative
Yearly income
$14,359
Likely range $8,615$20,103
Airbnb data$176/night · 46% occupancy
Rental income
$176/night · 46% occ.
$27,614
Running costs (20%)
Utilities, cleaning, maintenance
-$5,523
Income tax (10%)
Indonesian rental income tax
-$7,732
Property tax
Annual property tax
-$0
Net income
7.9% ROI
$14,359

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

3.5%

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

Scenario
Pre-tax
After-tax
Owner-managed
7.8%
6.8%
Fully-managed
4.5%
3.5%
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

12.0%

Annual Revenue

$27,614

Income Tax / yr

$2,416

Payback

29 yrs

True All-In Cost
Asking price$181,522
IMT — transfer tax (non-resident 7.5%)$13,614
Stamp duty (0.8%)$1,452
Notary + registry$2,174
Legal$4,011
Furnishing + STR launch$27,174
All-in cost$229,947

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Tavira.

$1.3M$1.0M$673K$336K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $167K
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 11: 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
$203K
+22%
Rental Income
+$70K
Total Position
$273K
+64%
10.4%/yr
Year 10
Capital Value
$247K
+48%
Rental Income
+$151K
Total Position
$399K
+139%
9.1%/yr
Year 20
Capital Value
$366K
+119%
Rental Income
+$355K
Total Position
$721K
+332%
7.6%/yr
Year 30
Capital Value
$542K
+224%
Rental Income
+$628K
Total Position
$1.2M
+601%
6.7%/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.

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
7.9% annual return
Occupancy
Average
46% average occupancy
Nightly Rate
Good
$162 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Good
305 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
Occupancy at 46% — 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.
7.4%
$1,123/mo
40% occ.
9.9%
$1,497/mo
46% occ.
11.5%
$1,740/mo
current
56% occ.
14.0%
$2,114/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.