T2 flat in Zona Ribeirinha, Portimão Cidade, Portimão
Grade Bapartment

T2 flat in Zona Ribeirinha, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€285,000

Asking Price (EUR)

10.3%

Gross Yield

6.7%

Net Yield (Owner)

4.7%

Net Yield (Managed)

48%

Occupancy

Projected Gross Revenue: €31,854/yr
Average Daily Rate: 183
Payback Period: 14.9 years
5-yr Capital Value: €374,486
10-yr Capital Value: €455,619
Brixfox Score: 64.9 / 100
Comparable Properties: 83
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 2
Building: 80
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
18.13
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.6
Rental Demand
4.78
Payback Speed
3
STR Suitability
3

Description

This beautifully renovated T2 apartment, originally built in 1974 and completely refurbished in 2020 to a high modern standard, offers approximately 80 m² of stylish living space in the vibrant centre of Portimão. Ideally located just moments from the Arade River, the property enjoys partial river views from selected w

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

T2 flat in Zona Ribeirinha, Portimão Cidade, Portimão
Grade Bapartment

T2 flat in Zona Ribeirinha, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€285,000

Asking Price (EUR)

10.3%

Gross Yield

6.7%

Net Yield (Owner)

4.7%

Net Yield (Managed)

48%

Occupancy

Gross Revenue: €31,854/yr
Avg Daily Rate: €183
Payback: 14.9 years
5-yr Capital Value: €374,486
10-yr Capital Value: €455,619
Brixfox Score: 64.9 / 100

Score Breakdown

ROI
18.13
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.6
Rental Demand
4.78
Payback Speed
3
STR Suitability
3

Property Details

Bedrooms: 2
Building: 80
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Description

This beautifully renovated T2 apartment, originally built in 1974 and completely refurbished in 2020 to a high modern standard, offers approximately 80 m² of stylish living space in the vibrant centre of Portimão. Ideally located just moments from the Arade River, the property enjoys partial river views from selected w

Location & Airbnb Comparables

37.1356°N, 8.5377°W
· Portimão, Algarve
83
Comps Used
183
Avg Daily Rate
48%
Avg Occupancy
€31,854
Est. Revenue/yr

Based on 83 Airbnb comparables within 2 km. Confidence: 87%. Individual comp listings will appear here as live data collection expands.

Comps Used: 83
Confidence: 87%
Radius: 2 km