Grade Bapartment
Penthouse, Urbanização Litoral Mar, 4, Três Castelos, Portimão
Portimão · Western Algarve ·
€1.4M
Asking Price (EUR)
3.6%
Gross Yield
2.3%
Net Yield (Owner)
1.6%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 43.1 years
5-yr Capital Value: €1.8M
10-yr Capital Value: €2.2M
Brixfox Score: 56.4 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 276 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
10.31
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
4.74
Payback Speed
0
STR Suitability
3
Description
The 5 SENSES is a new urban development in Portimão, 2nd largest city of the Algarve, Portugal’s small paradise of crystal-clear waters and stunning landscapes. It consists of a set of 30 units, all residential apartments, divided by 5 floors. There, in each floor, you will find typologies that go from T1 (1 bed proper
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal