Grade Bapartment
T2 flat in Rua Santa Isabel, 15, Zona Ribeirinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€450,000
Asking Price (EUR)
6.5%
Gross Yield
4.3%
Net Yield (Owner)
3.0%
Net Yield (Managed)
48%
Occupancy
Projected Gross Revenue: €31,854/yr
Average Daily Rate: €183
Payback Period: 23.5 years
5-yr Capital Value: €591,293
10-yr Capital Value: €719,399
Brixfox Score: 60.8 / 100
Comparable Properties: 83
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 2
Building: 165 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
14.33
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.3
Rental Demand
4.78
Payback Speed
1
STR Suitability
3
Description
Atrium Arade II – Exclusive Apartments in the Center of Portimão Atrium Arade II is an exclusive residential development comprising only six apartments spread across three floors, located in the historic center of Portimão, on Rua Santa Isabel. A few steps from Praça Manuel Teixeira Gomes and the riverside area, this
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal