Grade Bapartment
T4 flat in Três Castelos, Portimão
Portimão · Western Algarve ·
€795,000
Asking Price (EUR)
8.0%
Gross Yield
5.2%
Net Yield (Owner)
3.6%
Net Yield (Managed)
38%
Occupancy
Projected Gross Revenue: €69,031/yr
Average Daily Rate: €499
Payback Period: 19.1 years
5-yr Capital Value: €1.0M
10-yr Capital Value: €1.3M
Brixfox Score: 63 / 100
Comparable Properties: 6
Data Confidence: 73%
Search Radius: 2 km
Bedrooms: 4
Building: 230 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
15.82
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
3.79
Payback Speed
2
STR Suitability
3
Description
A recently refurbished4-bedroom penthouse with a modern and elegant design, it is located on the fourth floor of a private condominium with two elevators, in a quiet residential area on the coastal strip of the city of Portimão, the renowned Praia da Rocha, in the Algarve. The south-facing building offers extraordinar
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal