Grade Bapartment
T3 flat in Rua Amélia Rey Colaço, 3, Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€630,000
Asking Price (EUR)
7.8%
Gross Yield
5.1%
Net Yield (Owner)
3.5%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 19.7 years
5-yr Capital Value: €827,811
10-yr Capital Value: €1.0M
Brixfox Score: 63.7 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 381 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
15.61
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
4.74
Payback Speed
2
STR Suitability
3
Description
Brand-new 3-bedroom apartment, set within a prestigious residential development, located in one of the most peaceful and well-positioned areas of Portimão, just 5 minutes from the city centre and 5 minutes from Alvor Beach. Olivie Condominium, completed in 2025, is an exclusive development comprising 4 floors and only
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal