Grade Bapartment
Penthouse in Rua Doctor Guerreiro Ascensão, Nn, Centro, Montenegro
Faro · Eastern Algarve ·
€660,000
Asking Price (EUR)
9.0%
Gross Yield
5.9%
Net Yield (Owner)
4.1%
Net Yield (Managed)
59%
Occupancy
Projected Gross Revenue: €64,377/yr
Average Daily Rate: €297
Payback Period: 17.0 years
5-yr Capital Value: €867,230
10-yr Capital Value: €1.1M
Brixfox Score: 64.6 / 100
Comparable Properties: 14
Data Confidence: 91%
Search Radius: 2 km
Bedrooms: 3
Building: 171 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
16.81
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
5.42
Rental Demand
5.94
Payback Speed
2
STR Suitability
3
Description
Magnificent 3 bedroom penthouse with terrace of more than 100m2 offering breathtaking views of the Ria Formosa. Located in Montenegro, close to Faro, in a quiet environment with amenities and services within walking distance, and less than 10 minutes from Faro beach. Come and discover this exceptional property with i
Location
📍 37.0194°N, 7.9322°W
· Faro, Algarve, Portugal