Grade B+apartment
T3 flat in Rua de São Tomé e Príncipe, Portimão
Portimão · Western Algarve ·
€299,000
Asking Price (EUR)
16.5%
Gross Yield
10.7%
Net Yield (Owner)
7.4%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 9.3 years
5-yr Capital Value: €392,882
10-yr Capital Value: €478,000
Brixfox Score: 72.4 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 101 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
24.23
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.02
Rental Demand
4.74
Payback Speed
4
STR Suitability
3
Description
Three bedroom apartment for sale, fully renovated, located on the top floor of a building with an elevator. It has 3 bedrooms, one of them with a bathroom, 1 guest bathroom, and another with a shower, kitchen, living room, and a large balcony. Fantastic view of the Arade River, situated in a very central area, with eas
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal