T2 flat,  Urb. Horta do Algoz - Rua das Nogueiras, Algoz e Tunes, Silves
Grade C+apartment

T2 flat, Urb. Horta do Algoz - Rua das Nogueiras, Algoz e Tunes, Silves

Silves · Central Algarve ·

€359,000

Asking Price (EUR)

4.7%

Gross Yield

3.1%

Net Yield (Owner)

2.1%

Net Yield (Managed)

34%

Occupancy

Projected Gross Revenue: €18,367/yr
Average Daily Rate: 149
Payback Period: 32.5 years
5-yr Capital Value: €471,721
10-yr Capital Value: €573,920
Brixfox Score: 53 / 100
Comparable Properties: 7
Data Confidence: 81%
Search Radius: 2 km
Bedrooms: 2
Building: 155
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
11.37
Visual Appeal
10
Ownership Security
13
Location
7.2
Land & Space
5.1
Rental Demand
3.37
Payback Speed
0
STR Suitability
3

Description

We present a modern 2 bedroom apartment under construction, inserted in a new development in Algoz, designed to offer comfort, functionality and an excellent quality of life. The completion of the work is scheduled for the end of summer 2026, guaranteeing you the opportunity to acquire a completely new property in li

Location

📍 37.1890°N, 8.4390°W

· Silves, Algarve, Portugal

T2 flat,  Urb. Horta do Algoz - Rua das Nogueiras, Algoz e Tunes, Silves
Grade C+apartment

T2 flat, Urb. Horta do Algoz - Rua das Nogueiras, Algoz e Tunes, Silves

Silves · Central Algarve ·

€359,000

Asking Price (EUR)

4.7%

Gross Yield

3.1%

Net Yield (Owner)

2.1%

Net Yield (Managed)

34%

Occupancy

Gross Revenue: €18,367/yr
Avg Daily Rate: €149
Payback: 32.5 years
5-yr Capital Value: €471,721
10-yr Capital Value: €573,920
Brixfox Score: 53 / 100

Score Breakdown

ROI
11.37
Visual Appeal
10
Ownership Security
13
Location
7.2
Land & Space
5.1
Rental Demand
3.37
Payback Speed
0
STR Suitability
3

Property Details

Bedrooms: 2
Building: 155
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Description

We present a modern 2 bedroom apartment under construction, inserted in a new development in Algoz, designed to offer comfort, functionality and an excellent quality of life. The completion of the work is scheduled for the end of summer 2026, guaranteeing you the opportunity to acquire a completely new property in li

Location & Airbnb Comparables

37.1890°N, 8.4390°W
· Silves, Algarve
7
Comps Used
149
Avg Daily Rate
34%
Avg Occupancy
€18,368
Est. Revenue/yr

Based on 7 Airbnb comparables within 2 km. Confidence: 81%. Individual comp listings will appear here as live data collection expands.

Comps Used: 7
Confidence: 81%
Radius: 2 km