Grade Bapartment
T1 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande
Portimão · Western Algarve ·
€175,000
Asking Price (EUR)
9.5%
Gross Yield
6.2%
Net Yield (Owner)
4.3%
Net Yield (Managed)
41%
Occupancy
Projected Gross Revenue: €17,907/yr
Average Daily Rate: €119
Payback Period: 16.2 years
5-yr Capital Value: €229,947
10-yr Capital Value: €279,766
Brixfox Score: 61.7 / 100
Comparable Properties: 84
Data Confidence: 92%
Search Radius: 2 km
Bedrooms: 1
Building: 94 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
17.25
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
3.88
Rental Demand
4.13
Payback Speed
2
STR Suitability
3
Description
Note: This apartment is part of a tourist development, so it is not eligible for Permanent Housing Credit, that is, you can however reside in it annually. Come and see this wonderful T1, located on the 1st floor of Lot 6, for full acquisition in the Vista Falcão Apartments next to the Autódromo Internacional do Algarv
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal