Grade B+apartment
T2 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande
Portimão · Western Algarve ·
€220,000
Asking Price (EUR)
14.3%
Gross Yield
9.3%
Net Yield (Owner)
6.4%
Net Yield (Managed)
48%
Occupancy
Projected Gross Revenue: €33,941/yr
Average Daily Rate: €192
Payback Period: 10.8 years
5-yr Capital Value: €289,077
10-yr Capital Value: €351,706
Brixfox Score: 69 / 100
Comparable Properties: 82
Data Confidence: 92%
Search Radius: 2 km
Bedrooms: 2
Building: 85 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
8.4
Land & Space
3.7
Rental Demand
4.84
Payback Speed
4
STR Suitability
3
Description
Great value, key-ready apartments available to purchase next to the Autódromo Internacional do Algarve racetrack in Portimão. Situated in the idyllic location of Mexilhoeira Grande, 20 minutes from Portimão city centre, and approximately 25 minutes to Lagos, or to Meia Praia beach - a pristine stretch of golden sands a
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal