T2 flat,  Rua Nova da Boavista, 24, Boavista, Portimão
Grade Bapartment

T2 flat, Rua Nova da Boavista, 24, Boavista, Portimão

Portimão · Western Algarve ·

€583,500

Asking Price (EUR)

5.0%

Gross Yield

3.3%

Net Yield (Owner)

2.3%

Net Yield (Managed)

48%

Occupancy

Projected Gross Revenue: €31,854/yr
Average Daily Rate: 183
Payback Period: 30.4 years
5-yr Capital Value: €766,710
10-yr Capital Value: €932,820
Brixfox Score: 57 / 100
Comparable Properties: 83
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 2
Building: 162
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
11.67
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.24
Rental Demand
4.78
Payback Speed
0
STR Suitability
3

Description

T2 New with balcony and terrace of 38 m2 and 2 parking spaces Located in a modern building with an anti-seismic structure in reinforced concrete. With a gross area of 162 m² and 95 m² of usable space, this property offers a spacious and comfortable space. The 39 m² living room, complemented by a balcony, is ideal for m

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

T2 flat,  Rua Nova da Boavista, 24, Boavista, Portimão
Grade Bapartment

T2 flat, Rua Nova da Boavista, 24, Boavista, Portimão

Portimão · Western Algarve ·

€583,500

Asking Price (EUR)

5.0%

Gross Yield

3.3%

Net Yield (Owner)

2.3%

Net Yield (Managed)

48%

Occupancy

Gross Revenue: €31,854/yr
Avg Daily Rate: €183
Payback: 30.4 years
5-yr Capital Value: €766,710
10-yr Capital Value: €932,820
Brixfox Score: 57 / 100

Score Breakdown

ROI
11.67
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.24
Rental Demand
4.78
Payback Speed
0
STR Suitability
3

Property Details

Bedrooms: 2
Building: 162
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Description

T2 New with balcony and terrace of 38 m2 and 2 parking spaces Located in a modern building with an anti-seismic structure in reinforced concrete. With a gross area of 162 m² and 95 m² of usable space, this property offers a spacious and comfortable space. The 39 m² living room, complemented by a balcony, is ideal for m

Location & Airbnb Comparables

37.1356°N, 8.5377°W
· Portimão, Algarve
83
Comps Used
183
Avg Daily Rate
48%
Avg Occupancy
€31,854
Est. Revenue/yr

Based on 83 Airbnb comparables within 2 km. Confidence: 87%. Individual comp listings will appear here as live data collection expands.

Comps Used: 83
Confidence: 87%
Radius: 2 km