Grade C+apartment
T1 flat, Urbanização Litoral Mar, 4, Três Castelos, Portimão
Portimão · Western Algarve ·
€395,000
Asking Price (EUR)
4.2%
Gross Yield
2.7%
Net Yield (Owner)
1.9%
Net Yield (Managed)
41%
Occupancy
Projected Gross Revenue: €17,907/yr
Average Daily Rate: €119
Payback Period: 36.6 years
5-yr Capital Value: €519,024
10-yr Capital Value: €631,472
Brixfox Score: 54.1 / 100
Comparable Properties: 84
Data Confidence: 92%
Search Radius: 2 km
Bedrooms: 1
Building: 84 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
10.88
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.68
Rental Demand
4.13
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