Grade Bapartment
Penthouse in Centro, Alvor
Portimão · Western Algarve ·
€1.8M
Asking Price (EUR)
7.7%
Gross Yield
5.0%
Net Yield (Owner)
3.4%
Net Yield (Managed)
64%
Occupancy
Projected Gross Revenue: €148,654/yr
Average Daily Rate: €635
Payback Period: 20.1 years
5-yr Capital Value: €2.4M
10-yr Capital Value: €2.9M
Brixfox Score: 63.2 / 100
Comparable Properties: 9
Data Confidence: 78%
Search Radius: 2 km
Bedrooms: 4
Building: 317 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
15.42
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
6.41
Payback Speed
1
STR Suitability
3
Description
Magnificent Penthouse meticulously recently renovated to the highest quality standards. Inserted in a condominium with swimming pool, it is located just a few minutes from the beach and the picturesque village of Alvor. From the large terrace, with jacuzzi and fireplace, you can enjoy the stunning panoramic view of t
Location
📍 37.1290°N, 8.5910°W
· Portimão, Algarve, Portugal