Grade Bapartment
T1 flat, Urbanização do Morgadinho, Nn, Algoz e Tunes, Silves
Silves · Central Algarve ·
€145,000
Asking Price (EUR)
9.5%
Gross Yield
6.2%
Net Yield (Owner)
4.3%
Net Yield (Managed)
38%
Occupancy
Projected Gross Revenue: €14,876/yr
Average Daily Rate: €107
Payback Period: 16.2 years
5-yr Capital Value: €190,528
10-yr Capital Value: €231,806
Brixfox Score: 59.2 / 100
Comparable Properties: 15
Data Confidence: 91%
Search Radius: 2 km
Bedrooms: 1
Building: 47 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
17.29
Visual Appeal
10
Ownership Security
13
Location
7.2
Land & Space
2.94
Rental Demand
3.81
Payback Speed
2
STR Suitability
3
Description
Commercial Space Converted into Residential – 1 Bedroom, Open Plan Living & Kitchen Description: Originally a commercial space, now converted into a comfortable Apartment with 1 bedroom, open-plan living room and kitchen, bathroom, and laundry area. No condominium fees. Easy access and conveniently located near Albufe
Location
📍 37.1890°N, 8.4390°W
· Silves, Algarve, Portugal