Grade Bapartment
T3 flat, Urbanização Litoral Mar, 4, Três Castelos, Portimão
Portimão · Western Algarve ·
€815,000
Asking Price (EUR)
6.0%
Gross Yield
3.9%
Net Yield (Owner)
2.7%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 25.4 years
5-yr Capital Value: €1.1M
10-yr Capital Value: €1.3M
Brixfox Score: 59.5 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 180 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
13.82
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.6
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