T3 flat in Praceta dos Cooperantes, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão
Grade B+apartment

T3 flat in Praceta dos Cooperantes, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€299,000

Asking Price (EUR)

16.5%

Gross Yield

10.7%

Net Yield (Owner)

7.4%

Net Yield (Managed)

47%

Occupancy

Projected Gross Revenue: €53,220/yr
Average Daily Rate: 308
Payback Period: 9.3 years
5-yr Capital Value: €392,882
10-yr Capital Value: €478,000
Brixfox Score: 72.5 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 109
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
24.23
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.18
Rental Demand
4.74
Payback Speed
4
STR Suitability
3

Description

Located in Portimão, this spacious 3-bedroom, 2-bathroom apartment offers the perfect combination of comfort and convenience. With a gross area of 109m², this property is ideal for families looking for a cozy home near the beach. Built in 2006, this modern apartment features an equipped kitchen, garage space, and stun

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

T3 flat in Praceta dos Cooperantes, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão
Grade B+apartment

T3 flat in Praceta dos Cooperantes, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€299,000

Asking Price (EUR)

16.5%

Gross Yield

10.7%

Net Yield (Owner)

7.4%

Net Yield (Managed)

47%

Occupancy

Gross Revenue: €53,220/yr
Avg Daily Rate: €308
Payback: 9.3 years
5-yr Capital Value: €392,882
10-yr Capital Value: €478,000
Brixfox Score: 72.5 / 100

Score Breakdown

ROI
24.23
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.18
Rental Demand
4.74
Payback Speed
4
STR Suitability
3

Property Details

Bedrooms: 3
Building: 109
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Description

Located in Portimão, this spacious 3-bedroom, 2-bathroom apartment offers the perfect combination of comfort and convenience. With a gross area of 109m², this property is ideal for families looking for a cozy home near the beach. Built in 2006, this modern apartment features an equipped kitchen, garage space, and stun

Location & Airbnb Comparables

37.1356°N, 8.5377°W
· Portimão, Algarve
26
Comps Used
308
Avg Daily Rate
47%
Avg Occupancy
€53,218
Est. Revenue/yr

Based on 26 Airbnb comparables within 2 km. Confidence: 87%. Individual comp listings will appear here as live data collection expands.

Comps Used: 26
Confidence: 87%
Radius: 2 km