Grade Bapartment
T3 flat in Rua Doutor José António dos Santos, Nn, Armação de Pêra, Silves
Silves · Central Algarve ·
€425,000
Asking Price (EUR)
10.0%
Gross Yield
6.5%
Net Yield (Owner)
4.5%
Net Yield (Managed)
40%
Occupancy
Projected Gross Revenue: €46,055/yr
Average Daily Rate: €318
Payback Period: 15.3 years
5-yr Capital Value: €558,444
10-yr Capital Value: €679,432
Brixfox Score: 63.2 / 100
Comparable Properties: 16
Data Confidence: 91%
Search Radius: 2 km
Bedrooms: 3
Building: 98 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
17.82
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
3.96
Rental Demand
3.97
Payback Speed
3
STR Suitability
3
Description
3-Bedroom Apartment 1 Minute from the Beach – A Blank Canvas in the Heart of Armação de Pêra Just a 1-minute walk from the beach, this spacious 3-bedroom apartment with 103 m², located on the second line from the sea, represents a rare opportunity for those seeking location, space, and potential for appreciation. Loc
Location
📍 37.1000°N, 8.3580°W
· Silves, Algarve, Portugal