Grade B+villa
Palace in Rua Serpa Pinto, Zona Ribeirinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€2.4M
Asking Price (EUR)
7.8%
Gross Yield
5.0%
Net Yield (Owner)
3.5%
Net Yield (Managed)
79%
Occupancy
Projected Gross Revenue: €201,111/yr
Average Daily Rate: €694
Payback Period: 19.8 years
5-yr Capital Value: €3.2M
10-yr Capital Value: €3.8M
Brixfox Score: 66.8 / 100
Comparable Properties: 5
Data Confidence: 66%
Search Radius: 3 km
Bedrooms: 5
Building: 1350 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
15.55
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
7.94
Payback Speed
2
STR Suitability
3
Description
An Iconic Riverside Property with Residential and Investment Potential in the Heart of Portimão Situated along the tranquil banks of the Arade River, Casa Tartaruga is an iconic historic residence, carefully renovated and positioned at the gateway to Portimão's historic centre. With uninterrupted and permanent river
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal