Grade B+apartment
T3 flat in Praceta da Borralha, Fojo, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€450,000
Asking Price (EUR)
10.9%
Gross Yield
7.1%
Net Yield (Owner)
4.9%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 14.1 years
5-yr Capital Value: €591,293
10-yr Capital Value: €719,399
Brixfox Score: 66.7 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 142 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
18.73
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.84
Rental Demand
4.74
Payback Speed
3
STR Suitability
3
Description
This elegant 2 bedroom flat is located in a great urbanization, a recent and exclusive condominium, inserted in a quiet and cosy urbanization in Portimão. With a contemporary design and high quality finishes, the property is distinguished by: Living room and kitchen in open space, with excellent natural light and larg
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal