Grade C+apartment
T3 flat, Marginal de Alvor, 4, Centro, Alvor
Portimão · Western Algarve ·
€1.6M
Asking Price (EUR)
3.5%
Gross Yield
2.3%
Net Yield (Owner)
1.6%
Net Yield (Managed)
41%
Occupancy
Projected Gross Revenue: €62,920/yr
Average Daily Rate: €425
Payback Period: 43.6 years
5-yr Capital Value: €2.2M
10-yr Capital Value: €2.6M
Brixfox Score: 54.7 / 100
Comparable Properties: 15
Data Confidence: 86%
Search Radius: 2 km
Bedrooms: 3
Building: 282 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
10.28
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
4.06
Payback Speed
0
STR Suitability
3
Description
T3 apartment with 140 m2 of private gross area, outdoor area of 142 m2 with private pool and 3 parking spaces, inserted in a new residential development to be born next to Praia de Alvor. Comprising 24 apartments, of types T2 and T3, which combine a privileged location with the charm and tranquility of one of the most
Location
📍 37.1290°N, 8.5910°W
· Portimão, Algarve, Portugal