Grade Bapartment
T1 flat in Rua Dom João II, Armação de Pêra, Silves
Silves · Central Algarve ·
€245,000
Asking Price (EUR)
9.0%
Gross Yield
5.8%
Net Yield (Owner)
4.0%
Net Yield (Managed)
42%
Occupancy
Projected Gross Revenue: €23,809/yr
Average Daily Rate: €154
Payback Period: 17.1 years
5-yr Capital Value: €321,926
10-yr Capital Value: €391,673
Brixfox Score: 60.6 / 100
Comparable Properties: 52
Data Confidence: 95%
Search Radius: 2 km
Bedrooms: 1
Building: 60 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
16.78
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
3.2
Rental Demand
4.24
Payback Speed
2
STR Suitability
3
Description
T1 apartment located on the second line of the beach. Composed of an entrance hall, living room, kitchen, bathroom, bedroom, and a parking space in the building's basement. West-facing solar orientation, which allows for a good temperature in the apartment. With 2 balconies to enjoy the sea view in the late afternoon.
Location
📍 37.1000°N, 8.3580°W
· Silves, Algarve, Portugal