Grade B+apartment
T3 flat in Rua de São José, Zona Ribeirinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€540,000
Asking Price (EUR)
9.1%
Gross Yield
5.9%
Net Yield (Owner)
4.1%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 16.9 years
5-yr Capital Value: €709,552
10-yr Capital Value: €863,278
Brixfox Score: 65 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 215 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
16.9
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
4.74
Payback Speed
2
STR Suitability
3
Description
This extraordinary 3-bedroom apartment immediately stands out for its absolutely stunning views over the zona ribeirinha and the Rio Arade, visible directly from the living room, the kitchen, and one of the bedrooms. An open, unobstructed view that provides a unique feeling of being above the river. Located on the fir
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal