Grade B+apartment
T3 flat in Estrada de Quelfes, Bairro Novo - Azinhaga da Patinha, Quelfes
Olhão · Eastern Algarve ·
€420,000
Asking Price (EUR)
11.4%
Gross Yield
7.4%
Net Yield (Owner)
5.1%
Net Yield (Managed)
45%
Occupancy
Projected Gross Revenue: €51,704/yr
Average Daily Rate: €314
Payback Period: 13.5 years
5-yr Capital Value: €551,874
10-yr Capital Value: €671,439
Brixfox Score: 67.1 / 100
Comparable Properties: 11
Data Confidence: 73%
Search Radius: 2 km
Bedrooms: 3
Building: 154 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
19.18
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
4.51
Payback Speed
3
STR Suitability
3
Description
New T3 Apartment with Garage Space in the Upper Area of Olhão This excellent apartment stands out for its spacious areas and good natural light, providing a great sense of well-being and comfort. Its magnificent living room with an open-plan kitchen breathes luminosity through large double-glazed windows that promote
Location
📍 37.0260°N, 7.8410°W
· Olhão, Algarve, Portugal