T3 flat in Rua Professora Maria José Correia, Armação de Pêra, Silves
Grade B+apartment

T3 flat in Rua Professora Maria José Correia, Armação de Pêra, Silves

Silves · Central Algarve ·

€350,000

Asking Price (EUR)

12.2%

Gross Yield

7.9%

Net Yield (Owner)

5.5%

Net Yield (Managed)

40%

Occupancy

Projected Gross Revenue: €46,055/yr
Average Daily Rate: 318
Payback Period: 12.6 years
5-yr Capital Value: €459,895
10-yr Capital Value: €559,532
Brixfox Score: 65.7 / 100
Comparable Properties: 16
Data Confidence: 91%
Search Radius: 2 km
Bedrooms: 3
Building: 120
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
19.97
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
4.4
Rental Demand
3.97
Payback Speed
3
STR Suitability
3

Description

This unique apartment, located on the top floor of the building, offers a unique experience of comfort and elegance. With a light sea view that offers a sense of tranquility and serenity, it is the perfect place for those who appreciate the proximity to the sea. The clever distribution of the rooms allows you to make

Location

📍 37.1000°N, 8.3580°W

· Silves, Algarve, Portugal

T3 flat in Rua Professora Maria José Correia, Armação de Pêra, Silves
Grade B+apartment

T3 flat in Rua Professora Maria José Correia, Armação de Pêra, Silves

Silves · Central Algarve ·

€350,000

Asking Price (EUR)

12.2%

Gross Yield

7.9%

Net Yield (Owner)

5.5%

Net Yield (Managed)

40%

Occupancy

Gross Revenue: €46,055/yr
Avg Daily Rate: €318
Payback: 12.6 years
5-yr Capital Value: €459,895
10-yr Capital Value: €559,532
Brixfox Score: 65.7 / 100

Score Breakdown

ROI
19.97
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
4.4
Rental Demand
3.97
Payback Speed
3
STR Suitability
3

Property Details

Bedrooms: 3
Building: 120
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Description

This unique apartment, located on the top floor of the building, offers a unique experience of comfort and elegance. With a light sea view that offers a sense of tranquility and serenity, it is the perfect place for those who appreciate the proximity to the sea. The clever distribution of the rooms allows you to make

Location & Airbnb Comparables

37.1000°N, 8.3580°W
· Silves, Algarve
16
Comps Used
318
Avg Daily Rate
40%
Avg Occupancy
€46,059
Est. Revenue/yr

Based on 16 Airbnb comparables within 2 km. Confidence: 91%. Individual comp listings will appear here as live data collection expands.

Comps Used: 16
Confidence: 91%
Radius: 2 km