Grade Bapartment
T3 flat in Rua Doutor José Neves Junior, Alto Rodes, Faro
Faro · Eastern Algarve ·
€720,000
Asking Price (EUR)
8.3%
Gross Yield
5.4%
Net Yield (Owner)
3.7%
Net Yield (Managed)
60%
Occupancy
Projected Gross Revenue: €64,438/yr
Average Daily Rate: €296
Payback Period: 18.6 years
5-yr Capital Value: €946,069
10-yr Capital Value: €1.2M
Brixfox Score: 62.7 / 100
Comparable Properties: 15
Data Confidence: 92%
Search Radius: 2 km
Bedrooms: 3
Building: 146 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
16.07
Visual Appeal
10
Ownership Security
13
Location
7.8
Land & Space
4.92
Rental Demand
5.96
Payback Speed
2
STR Suitability
3
Description
Living with comfort and centrality in Faro is possible in this T3 apartment, located just a few minutes from Forum Algarve, the riverside park, the city center, and with quick access to the airport. With a practical and well-thought-out layout, this property offers three bedrooms with built-in wardrobes, including a s
Location
📍 37.0194°N, 7.9322°W
· Faro, Algarve, Portugal