Grade B+apartment
T3 flat in Zona do Autódromo do Algarve, Mexilhoeira Grande
Portimão · Western Algarve ·
€280,000
Asking Price (EUR)
17.6%
Gross Yield
11.4%
Net Yield (Owner)
7.9%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 8.7 years
5-yr Capital Value: €367,916
10-yr Capital Value: €447,626
Brixfox Score: 72 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 108 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
24.71
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
4.16
Rental Demand
4.74
Payback Speed
4
STR Suitability
3
Description
Key-ready apartment available to purchase next to the Autódromo Internacional do Algarve Racetrack in Portimão. This is a one-of-a-kind opportunity to gain an affordable investment in the property market in Portugal. As part of a fully-operational, successful rental programme, owners can choose their own usage and the
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal