Grade B+apartment
T4 flat in Rua do Fojo, Fojo, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€449,900
Asking Price (EUR)
14.2%
Gross Yield
9.2%
Net Yield (Owner)
6.4%
Net Yield (Managed)
38%
Occupancy
Projected Gross Revenue: €69,031/yr
Average Daily Rate: €499
Payback Period: 10.8 years
5-yr Capital Value: €591,162
10-yr Capital Value: €719,239
Brixfox Score: 70.8 / 100
Comparable Properties: 6
Data Confidence: 73%
Search Radius: 2 km
Bedrooms: 4
Building: 180 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
22
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.6
Rental Demand
3.79
Payback Speed
4
STR Suitability
3
Description
Excellent new 180 m² T4 apartment of high quality located in Portimão. Fully equipped with an electrical system that controls all lights and blinds, and underfloor heating. Pre-installation of air conditioning. T4 Configuration: - Entrance hall - Living room - Equipped kitchen - 4 Bedrooms (two of them en-suite) - 3
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal