Grade Bapartment
T2 flat in Avenida General Humberto Delgado, 34, Armação de Pêra, Silves
Silves · Central Algarve ·
€470,000
Asking Price (EUR)
9.0%
Gross Yield
5.9%
Net Yield (Owner)
4.1%
Net Yield (Managed)
48%
Occupancy
Projected Gross Revenue: €45,812/yr
Average Daily Rate: €263
Payback Period: 17.1 years
5-yr Capital Value: €617,573
10-yr Capital Value: €751,372
Brixfox Score: 61.9 / 100
Comparable Properties: 57
Data Confidence: 95%
Search Radius: 2 km
Bedrooms: 2
Building: 98 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
16.81
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
3.96
Rental Demand
4.77
Payback Speed
2
STR Suitability
3
Description
This development consists of 24 modern apartments, spread over six floors, with 2, 3 and 4 bedrooms, all with generous interior areas and large balconies. The top apartments have a fantastic terrace, with jacuzzi, barbecue and outdoor dining area. For added convenience and security, the complex has enclosed parking in
Location
📍 37.1000°N, 8.3580°W
· Silves, Algarve, Portugal