Grade B+apartment
T3 flat, Penina, Centro, Alvor
Portimão · Western Algarve ·
€298,000
Asking Price (EUR)
19.6%
Gross Yield
12.7%
Net Yield (Owner)
8.8%
Net Yield (Managed)
41%
Occupancy
Projected Gross Revenue: €62,920/yr
Average Daily Rate: €425
Payback Period: 7.9 years
5-yr Capital Value: €391,568
10-yr Capital Value: €476,402
Brixfox Score: 72.7 / 100
Comparable Properties: 15
Data Confidence: 86%
Search Radius: 2 km
Bedrooms: 3
Building: 112 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
25
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
4.24
Rental Demand
4.06
Payback Speed
5
STR Suitability
3
Description
This three-bedroom flat, located in the quiet area of Penina, stands out for its excellent layout and functionality. With 102 m² of floor space and 112 m² of gross area, it offers three bedrooms, two bathrooms, an equipped kitchen, air conditioning and a fireplace, ensuring comfort all year round. The presence of a st
Location
📍 37.1290°N, 8.5910°W
· Portimão, Algarve, Portugal