Grade B+apartment
T3 flat in Portimão
Portimão · Western Algarve ·
€345,000
Asking Price (EUR)
14.3%
Gross Yield
9.3%
Net Yield (Owner)
6.4%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 10.8 years
5-yr Capital Value: €453,325
10-yr Capital Value: €551,539
Brixfox Score: 70.6 / 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
22.07
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.44
Rental Demand
4.74
Payback Speed
4
STR Suitability
3
Description
Fully refurbished 3 bedroom flat with an excellent location. It is located in a residential area where all the surroundings allow for a relaxed lifestyle, benefiting walking distance. It is just a few minutes from the city centre where you can find all services, educational establishments, all kinds of commerce, and a
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal