T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira
T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira — image 2T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira — image 3T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira — image 4T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira — image 5
Grade Bapartment

T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira

Tavira · Eastern Algarve ·

€425,000

Asking Price (EUR)

4.5%

Gross Yield

2.9%

Net Yield (Owner)

2.0%

Net Yield (Managed)

37%

Occupancy

Projected Gross Revenue: €20,498/yr
Average Daily Rate: 153
Payback Period: 34.5 years
5-yr Capital Value: €558,444
10-yr Capital Value: €679,432
Brixfox Score: 56.7 / 100
Comparable Properties: 53
Data Confidence: 86%
Search Radius: 2 km
Bedrooms: 1
Building: 98
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
11.14
Visual Appeal
10
Ownership Security
13
Location
9.84
Land & Space
6
Rental Demand
3.68
Payback Speed
0
STR Suitability
3

Description

1 bedroom flat of 63m2 and 35m2 of outdoor area, in a new development located in Santa Luzia, in the heart of the Ria Formosa Natural Park. Less than 100 meters from the pier that gives access to the island of Tavira and Praia do Barril, it consists of typologies T1, T2 in which some of the apartments have the option

Location

📍 37.1270°N, 7.6506°W

· Tavira, Algarve, Portugal

T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira
T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira — image 2T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira — image 3T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira — image 4T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira — image 5
Grade Bapartment

T1 flat in Rua General Carmona, 31, Santa Luzia, Tavira

Tavira · Eastern Algarve ·

€425,000

Asking Price (EUR)

4.5%

Gross Yield

2.9%

Net Yield (Owner)

2.0%

Net Yield (Managed)

37%

Occupancy

Projected Gross Revenue: €20,498/yr
Average Daily Rate: 153
Payback Period: 34.5 years
5-yr Capital Value: €558,444
10-yr Capital Value: €679,432
Brixfox Score: 56.7 / 100
Bedrooms: 1
Building: 98
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
11.14
Visual Appeal
10
Ownership Security
13
Location
9.84
Land & Space
6
Rental Demand
3.68
Payback Speed
0
STR Suitability
3

Description

1 bedroom flat of 63m2 and 35m2 of outdoor area, in a new development located in Santa Luzia, in the heart of the Ria Formosa Natural Park. Less than 100 meters from the pier that gives access to the island of Tavira and Praia do Barril, it consists of typologies T1, T2 in which some of the apartments have the option

Location

37.1270°N, 7.6506°W

· Tavira, Algarve, Portugal