Grade B+apartment
T2 flat in Rua do Pé da Cruz, Portimão
Portimão · Western Algarve ·
€120,000
Asking Price (EUR)
24.6%
Gross Yield
16.0%
Net Yield (Owner)
11.1%
Net Yield (Managed)
48%
Occupancy
Projected Gross Revenue: €31,854/yr
Average Daily Rate: €183
Payback Period: 6.3 years
5-yr Capital Value: €157,678
10-yr Capital Value: €191,840
Brixfox Score: 73.4 / 100
Comparable Properties: 83
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 2
Building: 62 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
25
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.24
Rental Demand
4.78
Payback Speed
5
STR Suitability
3
Description
Two-bedroom apartment with 62 m², located on the 3rd floor of a four-story building without an elevator, ideal for investors seeking to acquire a property below market value with associated income. Important: The property is sold with an existing lease agreement (since the 1990s), with a monthly rent of R$ 200, repre
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal