Grade Bapartment
Penthouse, Joaquim Romero Magalhães,Gambelas, 36, Gambelas, Montenegro
Faro · Eastern Algarve ·
€570,000
Asking Price (EUR)
6.4%
Gross Yield
4.2%
Net Yield (Owner)
2.9%
Net Yield (Managed)
38%
Occupancy
Projected Gross Revenue: €39,631/yr
Average Daily Rate: €285
Payback Period: 23.9 years
5-yr Capital Value: €748,972
10-yr Capital Value: €911,238
Brixfox Score: 59.4 / 100
Comparable Properties: 17
Data Confidence: 83%
Search Radius: 2 km
Bedrooms: 3
Building: 120 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
14.22
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
3.81
Payback Speed
1
STR Suitability
3
Description
Sale of apartments in the Quinta do Pinhal urbanization, completed in 2023, located in Gambelas, in the municipality of Faro. The urbanization is located next to the Ria Formosa Natural Park, a natural heritage, in a low-density residential area, with considerable distances between houses. It also has large green spac
Location
📍 37.0194°N, 7.9322°W
· Faro, Algarve, Portugal