Grade Bapartment
T2 flat in Rua Santo António das Areias, 10, Armação de Pêra, Silves
Silves · Central Algarve ·
€390,000
Asking Price (EUR)
7.4%
Gross Yield
4.8%
Net Yield (Owner)
3.3%
Net Yield (Managed)
35%
Occupancy
Projected Gross Revenue: €31,271/yr
Average Daily Rate: €244
Payback Period: 20.7 years
5-yr Capital Value: €512,454
10-yr Capital Value: €623,479
Brixfox Score: 57.8 / 100
Comparable Properties: 72
Data Confidence: 94%
Search Radius: 2 km
Bedrooms: 2
Building: 84 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
15.21
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
3.68
Rental Demand
3.51
Payback Speed
1
STR Suitability
3
Description
Discover this elegant and contemporary 2-bedroom apartment, ideally located in the heart of Armação de Pêra, just a short 300-metre stroll from the golden sandy beach. Situated on the first floor of a recently completed residential development, this property offers a perfect blend of style, comfort, and convenience.
Location
📍 37.1000°N, 8.3580°W
· Silves, Algarve, Portugal