Grade Bapartment
T3 flat in Zona Ribeirinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€875,000
Asking Price (EUR)
5.6%
Gross Yield
3.7%
Net Yield (Owner)
2.5%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 27.3 years
5-yr Capital Value: €1.1M
10-yr Capital Value: €1.4M
Brixfox Score: 58.3 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 298 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
12.19
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
4.74
Payback Speed
0
STR Suitability
3
Description
T3+1 Bedroom Apartment with Views over the Arade River In the heart of Portimão, this elegant 3+1 bedroom apartment, fully renovated in 2025, offers a rare combination of central location, contemporary comfort, and stunning views over the Arade River. With spacious interior areas and generous balconies in every room,
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal