Grade Bapartment
T3 flat in Praceta Dona Elisa dos Santos Gomes, 20, Armação de Pêra, Silves
Silves · Central Algarve ·
€400,000
Asking Price (EUR)
10.7%
Gross Yield
6.9%
Net Yield (Owner)
4.8%
Net Yield (Managed)
40%
Occupancy
Projected Gross Revenue: €46,055/yr
Average Daily Rate: €318
Payback Period: 14.4 years
5-yr Capital Value: €525,594
10-yr Capital Value: €639,466
Brixfox Score: 64.7 / 100
Comparable Properties: 16
Data Confidence: 91%
Search Radius: 2 km
Bedrooms: 3
Building: 144 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
18.44
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
4.88
Rental Demand
3.97
Payback Speed
3
STR Suitability
3
Description
3-bedroom apartment located on the ground floor of a building with only two floors, just 150 meters from Armação de Pêra beach. With 109 m² of usable area, this property offers: 3 south-facing bedrooms with excellent sun exposure, 2 bathrooms, spacious living room, kitchen, garage parking space, private patio with 30
Location
📍 37.1000°N, 8.3580°W
· Silves, Algarve, Portugal