Grade Bapartment
Penthouse in Estrada da Penha, 16, São Luís, Faro
Faro · Eastern Algarve ·
€470,000
Asking Price (EUR)
6.1%
Gross Yield
3.9%
Net Yield (Owner)
2.7%
Net Yield (Managed)
40%
Occupancy
Projected Gross Revenue: €30,800/yr
Average Daily Rate: €212
Payback Period: 25.4 years
5-yr Capital Value: €617,573
10-yr Capital Value: €751,372
Brixfox Score: 57.6 / 100
Comparable Properties: 56
Data Confidence: 86%
Search Radius: 2 km
Bedrooms: 2
Building: 108 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
13.85
Visual Appeal
10
Ownership Security
13
Location
7.8
Land & Space
6
Rental Demand
3.99
Payback Speed
0
STR Suitability
3
Description
Discover this magnificent, modern, and bright 2-bedroom apartment, located in one of the most central and sought-after areas of Faro. With contemporary finishes, clean lines, and a welcoming atmosphere, this property offers the perfect balance between comfort and style. The rooftop provides a unique space to relax or
Location
📍 37.0194°N, 7.9322°W
· Faro, Algarve, Portugal