Grade Bapartment
T3 flat in Portimão
Portimão · Western Algarve ·
€855,500
Asking Price (EUR)
5.8%
Gross Yield
3.7%
Net Yield (Owner)
2.6%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 26.7 years
5-yr Capital Value: €1.1M
10-yr Capital Value: €1.4M
Brixfox Score: 59.6 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 196 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
13.54
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.92
Rental Demand
4.74
Payback Speed
0
STR Suitability
3
Description
A 3-bedroom apartment under construction, scheduled for completion in the first quarter of 2027, located in downtown Portimão. It is located on the 3rd floor of a modern building, consisting of only 4 floors of 1-bedroom, 1+1-bedroom, 2-bedroom, 2+1-bedroom, and 3-bedroom apartments, plus 1 underground parking floor.
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal