Grade Bapartment
T4 flat in Rua Reitor Teixeira Guedes, 26, Centro, Faro
Faro · Eastern Algarve ·
€630,000
Asking Price (EUR)
8.4%
Gross Yield
5.5%
Net Yield (Owner)
3.8%
Net Yield (Managed)
28%
Occupancy
Projected Gross Revenue: €57,339/yr
Average Daily Rate: €566
Payback Period: 18.3 years
5-yr Capital Value: €827,811
10-yr Capital Value: €1.0M
Brixfox Score: 60.8 / 100
Comparable Properties: 5
Data Confidence: 67%
Search Radius: 4 km
Bedrooms: 4
Building: 166 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
16.21
Visual Appeal
10
Ownership Security
13
Location
7.8
Land & Space
6
Rental Demand
2.77
Payback Speed
2
STR Suitability
3
Description
Wonderful 4 bedroom apartment located in the heart of Faro city, next to the Municipal Market and just 5 minutes walk from downtown. Faro International Airport and Faro Island beach are a short 10-minute drive away. The property is in excellent condition, offers above average areas, plenty of storage and also enjoys
Location
📍 37.0194°N, 7.9322°W
· Faro, Algarve, Portugal