Grade B+apartmentmid-range
T2 flat in Rua Jose Estevao, Nn, Centro, Faro
Faro · Eastern Algarve ·
€352,000
Asking Price (EUR)
12.2%
Gross Yield
7.9%
Net Yield (Owner)
5.5%
Net Yield (Managed)
55%
Occupancy
Projected Gross Revenue: €46,352/yr
Average Daily Rate: €231
Payback Period: 12.6 years
5-yr Capital Value: €462,523
10-yr Capital Value: €562,730
Brixfox Score: 65.7 / 100
Comparable Properties: 65
Data Confidence: 98%
Search Radius: 2 km
Bedrooms: 2
Building: 72 m²
Ownership: Freehold
Style: minimalist
Condition: new-build
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
19.98
Visual Appeal
10
Ownership Security
13
Location
7.8
Land & Space
3.44
Rental Demand
5.5
Payback Speed
3
STR Suitability
3
Description
This T2 apartment, completely renovated from scratch, is located in one of the most central and sought-after areas of Faro, in the old town, next to the Church of S. Pedro, 200 meters from the Leisure Marina, with excellent accessibility, proximity to services, commerce, schools, and main roads. The local community is
Location
📍 37.0194°N, 7.9322°W
· Faro, Algarve, Portugal