Grade Bapartment
T3 flat in Centro, Alvor
Portimão · Western Algarve ·
€580,000
Asking Price (EUR)
10.0%
Gross Yield
6.5%
Net Yield (Owner)
4.5%
Net Yield (Managed)
41%
Occupancy
Projected Gross Revenue: €62,920/yr
Average Daily Rate: €425
Payback Period: 15.3 years
5-yr Capital Value: €762,111
10-yr Capital Value: €927,225
Brixfox Score: 64.9 / 100
Comparable Properties: 15
Data Confidence: 86%
Search Radius: 2 km
Bedrooms: 3
Building: 180 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
17.82
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
5.6
Rental Demand
4.06
Payback Speed
3
STR Suitability
3
Description
3-bedroom apartment with parking space. This 159 m² apartment features very generous areas, with all bedrooms having an area of over 20 m², one of which is a suite. The apartment has two fronts, providing more natural light and better ventilation. The nearest beach, Praia dos Três Irmãos in Alvor, is just 500 meters a
Location
📍 37.1290°N, 8.5910°W
· Portimão, Algarve, Portugal