Grade B+apartment
T3 flat in Rua Padre Vitorino, 7, Portimão
Portimão · Western Algarve ·
€449,500
Asking Price (EUR)
11.0%
Gross Yield
7.1%
Net Yield (Owner)
4.9%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 14.0 years
5-yr Capital Value: €590,636
10-yr Capital Value: €718,599
Brixfox Score: 67.4 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 176 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
18.75
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.52
Rental Demand
4.74
Payback Speed
3
STR Suitability
3
Description
Vivarte consists of 30 apartments and its main features include a swimming pool, garage and private parking. The apartments are modern and well-equipped, with fully-equipped kitchens with fridge, oven, hob, extractor hood, built-in microwave, dishwasher and washing machine and dryer. All the rooms are air-conditioned
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal