Grade C+apartment
T2 flat in Avenida do Rio, 2, Armação de Pêra, Silves
Silves · Central Algarve ·
€960,000
Asking Price (EUR)
2.4%
Gross Yield
1.6%
Net Yield (Owner)
1.1%
Net Yield (Managed)
32%
Occupancy
Projected Gross Revenue: €24,870/yr
Average Daily Rate: €212
Payback Period: 64.1 years
5-yr Capital Value: €1.3M
10-yr Capital Value: €1.5M
Brixfox Score: 52.9 / 100
Comparable Properties: 68
Data Confidence: 89%
Search Radius: 2 km
Bedrooms: 2
Building: 122 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
9.25
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
3.22
Payback Speed
0
STR Suitability
3
Description
2-bedroom apartment, brand new, with 105 sqm of gross private area, located in the luxurious private condominium Bayline, near Armação de Pêra Beach in the Algarve. This luxurious and fully furnished apartment features two bedrooms, one of which is a suite, a spacious open-plan living/dining area with an equipped kitch
Location
📍 37.1000°N, 8.3580°W
· Silves, Algarve, Portugal