T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro
Grade B+apartment

T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro

Faro · Eastern Algarve ·

€345,000

Asking Price (EUR)

17.3%

Gross Yield

11.2%

Net Yield (Owner)

7.8%

Net Yield (Managed)

60%

Occupancy

Projected Gross Revenue: €64,438/yr
Average Daily Rate: 296
Payback Period: 8.9 years
5-yr Capital Value: €453,325
10-yr Capital Value: €551,539
Brixfox Score: 72.5 / 100
Comparable Properties: 15
Data Confidence: 92%
Search Radius: 2 km
Bedrooms: 3
Building: 106
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
24.58
Visual Appeal
10
Ownership Security
13
Location
7.8
Land & Space
4.12
Rental Demand
5.96
Payback Speed
4
STR Suitability
3

Description

Pedro Lopes (Contact for more information or visit) T3 | Downtown Faro T3 apartment, with EXCELLENT LOCATION in Downtown Faro, in a QUIET, residential area with easy ACCESS. Close to the main schools and points of commerce and services. It has three bedrooms, all with built-in wardrobes, two bathrooms. With STORAG

Location

📍 37.0194°N, 7.9322°W

· Faro, Algarve, Portugal

T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro
Grade B+apartment

T3 flat in Rua Eng. Aboim Sande de Lemos, 20, Centro, Faro

Faro · Eastern Algarve ·

€345,000

Asking Price (EUR)

17.3%

Gross Yield

11.2%

Net Yield (Owner)

7.8%

Net Yield (Managed)

60%

Occupancy

Gross Revenue: €64,438/yr
Avg Daily Rate: €296
Payback: 8.9 years
5-yr Capital Value: €453,325
10-yr Capital Value: €551,539
Brixfox Score: 72.5 / 100

Score Breakdown

ROI
24.58
Visual Appeal
10
Ownership Security
13
Location
7.8
Land & Space
4.12
Rental Demand
5.96
Payback Speed
4
STR Suitability
3

Property Details

Bedrooms: 3
Building: 106
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Description

Pedro Lopes (Contact for more information or visit) T3 | Downtown Faro T3 apartment, with EXCELLENT LOCATION in Downtown Faro, in a QUIET, residential area with easy ACCESS. Close to the main schools and points of commerce and services. It has three bedrooms, all with built-in wardrobes, two bathrooms. With STORAG

Location & Airbnb Comparables

37.0194°N, 7.9322°W
· Faro, Algarve
15
Comps Used
296
Avg Daily Rate
60%
Avg Occupancy
€64,437
Est. Revenue/yr

Based on 15 Airbnb comparables within 2 km. Confidence: 92%. Individual comp listings will appear here as live data collection expands.

Comps Used: 15
Confidence: 92%
Radius: 2 km