Grade Bapartment
Penthouse in Rua Arco Maravilhas, Zona Ribeirinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€295,000
Asking Price (EUR)
5.6%
Gross Yield
3.6%
Net Yield (Owner)
2.5%
Net Yield (Managed)
41%
Occupancy
Projected Gross Revenue: €17,907/yr
Average Daily Rate: €119
Payback Period: 27.4 years
5-yr Capital Value: €387,626
10-yr Capital Value: €471,606
Brixfox Score: 56.6 / 100
Comparable Properties: 84
Data Confidence: 92%
Search Radius: 2 km
Bedrooms: 1
Building: 145 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
4.9
Rental Demand
4.13
Payback Speed
0
STR Suitability
3
Description
In the old town of Portimão you will find this wonderful penthouse apartment. The excellent and elevated location makes you almost feel like you are in the middle of the clouds and birds. A large roof terrace wraps around the apartment, which has a bedroom and a small guest sleeping area. From the roof terrace, which i
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal