Grade Bapartment
T2 flat in Rua dos Três Castelos, Três Castelos, Portimão
Portimão · Western Algarve ·
€525,000
Asking Price (EUR)
5.6%
Gross Yield
3.6%
Net Yield (Owner)
2.5%
Net Yield (Managed)
48%
Occupancy
Projected Gross Revenue: €31,854/yr
Average Daily Rate: €183
Payback Period: 27.4 years
5-yr Capital Value: €689,842
10-yr Capital Value: €839,299
Brixfox Score: 56.2 / 100
Comparable Properties: 83
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 2
Building: 95 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
12.17
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.9
Rental Demand
4.78
Payback Speed
0
STR Suitability
3
Description
The Elite Residence development offers modern spaces of contemporary architecture in Praia da Rocha in Portimão, Algarve, which stands out for its modern architecture with a bold design and is located in the heart of Praia da Rocha, just over 300 meters from the sea, a luxurious location between Portimão Marina and the
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal