Grade B+apartment
T3 flat, Urbanização Cerro Ruivo, 14, Três Bicos, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€374,500
Asking Price (EUR)
13.2%
Gross Yield
8.6%
Net Yield (Owner)
5.9%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 11.7 years
5-yr Capital Value: €492,087
10-yr Capital Value: €598,700
Brixfox Score: 69.5 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 122 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
20.95
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.44
Rental Demand
4.74
Payback Speed
4
STR Suitability
3
Description
For sale: 3-bedroom apartment, located on the first floor of a modern building with an elevator, built in 2009. An excellent opportunity for those looking for space, convenience, and an excellent location. The social area comprises a spacious and bright living room with access to an enclosed balcony, perfect for enjoy
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal