Grade B+apartment
T3 flat in Rua Vale de Lagar, 93, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€510,000
Asking Price (EUR)
9.7%
Gross Yield
6.3%
Net Yield (Owner)
4.3%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 15.9 years
5-yr Capital Value: €670,132
10-yr Capital Value: €815,319
Brixfox Score: 66.5 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 238 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
17.44
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
4.74
Payback Speed
3
STR Suitability
3
Description
Two luxury buildings are being built in Portimão. Composed of 8 apartments per building in a private condominium that conveys a pleasant feeling of tranquility and security, surrounded by a small oasis composed of pleasant gardens and an outdoor pool where you can enjoy the Algarve sun and a jacuzzi with panoramic view
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal