Grade B+apartment
Penthouse in Travessa do Pé da Cruz, 18, Quinta da Malata, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€450,000
Asking Price (EUR)
10.9%
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: 14.1 years
5-yr Capital Value: €591,293
10-yr Capital Value: €719,399
Brixfox Score: 67.8 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 199 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
18.73
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.98
Rental Demand
4.74
Payback Speed
3
STR Suitability
3
Description
**Luxurious Penthouse in the Heart of Portimão with Private Elevator** Discover the exclusivity of living in a stunning penthouse located in the center of Portimão. This new and luxurious condominium, with only four apartments, guarantees total privacy and comfort. With 199 m² of gross area, the top-floor apartment st
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal