Grade Bapartment
T2 flat in Rua Padre Filipe, Zona Ribeirinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€295,000
Asking Price (EUR)
10.0%
Gross Yield
6.5%
Net Yield (Owner)
4.5%
Net Yield (Managed)
48%
Occupancy
Projected Gross Revenue: €31,854/yr
Average Daily Rate: €183
Payback Period: 15.4 years
5-yr Capital Value: €387,626
10-yr Capital Value: €471,606
Brixfox Score: 64.2 / 100
Comparable Properties: 83
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 2
Building: 66 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
17.78
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.32
Rental Demand
4.78
Payback Speed
3
STR Suitability
3
Description
Welcome to a unique opportunity in the heart of Portimão, a charming 66 m² apartment with open views of the beautiful Arade River and even a glimpse of the sea. Here you live in the city's historic quarter, surrounded by palm-lined squares, cozy cafes and the vibrant atmosphere of the Old Town right on your doorstep.
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal