Grade Bapartment
T1 flat in Rua Doutor Manuel Arriaga, 2, Armação de Pêra, Silves
Silves · Central Algarve ·
€430,000
Asking Price (EUR)
6.5%
Gross Yield
4.2%
Net Yield (Owner)
2.9%
Net Yield (Managed)
35%
Occupancy
Projected Gross Revenue: €31,271/yr
Average Daily Rate: €244
Payback Period: 23.9 years
5-yr Capital Value: €589,979
10-yr Capital Value: €717,800
Brixfox Score: 59.1 / 100
Comparable Properties: 72
Data Confidence: 94%
Search Radius: 2 km
Bedrooms: 1
Building: 488 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
14.22
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
3.51
Payback Speed
1
STR Suitability
3
Description
One-bedroom plus one apartment, located on the 5th floor, in Armação de Pêra, one of the most sought-after areas in the Algarve. The highlight of this property is the magnificent private terrace for the exclusive use of the unit, measuring approximately 400 m2, a true outdoor retreat, ideal for creating various leisur
Location
📍 37.1000°N, 8.3580°W
· Silves, Algarve, Portugal