Grade B+apartment
T3 flat in Rua Francisco Alvo, Portimão
Portimão · Western Algarve ·
€385,000
Asking Price (EUR)
12.8%
Gross Yield
8.3%
Net Yield (Owner)
5.8%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 12.0 years
5-yr Capital Value: €505,884
10-yr Capital Value: €615,486
Brixfox Score: 69.6 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 197 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
20.58
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.94
Rental Demand
4.74
Payback Speed
3
STR Suitability
3
Description
Discover this excellent three-bedroom apartment located in Horta de São Pedro, a quiet and central residential area of Portimão, just a 5-minute walk from the city centre. With a usable area of 124.63 m² and a total gross area of 196.63 m², this property stands out for its generous areas and rare exclusive outdoor spac
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal