Grade B+apartment
T4 flat in Quinta da Malata, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€550,000
Asking Price (EUR)
11.6%
Gross Yield
7.5%
Net Yield (Owner)
5.2%
Net Yield (Managed)
38%
Occupancy
Projected Gross Revenue: €69,031/yr
Average Daily Rate: €499
Payback Period: 13.2 years
5-yr Capital Value: €722,692
10-yr Capital Value: €879,265
Brixfox Score: 67.5 / 100
Comparable Properties: 6
Data Confidence: 73%
Search Radius: 2 km
Bedrooms: 4
Building: 196 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
19.41
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.92
Rental Demand
3.79
Payback Speed
3
STR Suitability
3
Description
This 4-bedroom apartment, with its North/South orientation, is located in the heart of Portimão, close to all amenities. With an area of 143.25 m² (or 196.15 m² in total), it is on the 3rd floor of a building with a lift and has the following layout: The entrance communicates with a corridor that gives access to all
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal