Grade B+apartment
T3 flat in Rua Santa Isabel, 15, Zona Ribeirinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€420,000
Asking Price (EUR)
11.7%
Gross Yield
7.6%
Net Yield (Owner)
5.3%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 13.1 years
5-yr Capital Value: €551,874
10-yr Capital Value: €671,439
Brixfox Score: 67.4 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 140 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
19.52
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.8
Rental Demand
4.74
Payback Speed
3
STR Suitability
3
Description
Atrium Arade II – Exclusive Apartments in the Center of Portimão Atrium Arade II is an exclusive residential development comprising just six apartments spread over three floors, located in the historic center of Portimão, on Rua Santa Isabel. A few steps from Praça Manuel Teixeira Gomes and the riverside area, this bu
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal