Grade B+apartment
T4 flat in Rua do Fojo, 44, Fojo, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€580,000
Asking Price (EUR)
11.0%
Gross Yield
7.2%
Net Yield (Owner)
5.0%
Net Yield (Managed)
38%
Occupancy
Projected Gross Revenue: €69,031/yr
Average Daily Rate: €499
Payback Period: 14.0 years
5-yr Capital Value: €762,111
10-yr Capital Value: €927,225
Brixfox Score: 66.5 / 100
Comparable Properties: 6
Data Confidence: 73%
Search Radius: 2 km
Bedrooms: 4
Building: 179 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
18.81
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.58
Rental Demand
3.79
Payback Speed
3
STR Suitability
3
Description
A new four-bedroom apartment, situated in the prestigious Fojo residential development in Portimão, one of the most sought-after areas due to its tranquillity and proximity to all essential amenities. With a gross floor area of 175 m² and a net floor area of 130 m², this property stands out for its luxury finishes and
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal