T2 flat in Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão
Grade Bapartment

T2 flat in Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€479,000

Asking Price (EUR)

6.2%

Gross Yield

4.0%

Net Yield (Owner)

2.8%

Net Yield (Managed)

48%

Occupancy

Projected Gross Revenue: €31,854/yr
Average Daily Rate: 183
Payback Period: 25.0 years
5-yr Capital Value: €629,399
10-yr Capital Value: €765,760
Brixfox Score: 61.1 / 100
Comparable Properties: 83
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 2
Building: 250
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
13.94
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
4.78
Payback Speed
1
STR Suitability
3

Description

Excellent 2 bedroom duplex apartment in a gated community for sale in Portimão, Faro, Algarve, Portugal. Located in a central area in Portimão, this apartment is located in a condominium of excellence with swimming pool, gym and a large parking area with garage/closed storage room. It is located in the central block

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

T2 flat in Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão
Grade Bapartment

T2 flat in Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€479,000

Asking Price (EUR)

6.2%

Gross Yield

4.0%

Net Yield (Owner)

2.8%

Net Yield (Managed)

48%

Occupancy

Gross Revenue: €31,854/yr
Avg Daily Rate: €183
Payback: 25.0 years
5-yr Capital Value: €629,399
10-yr Capital Value: €765,760
Brixfox Score: 61.1 / 100

Score Breakdown

ROI
13.94
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
4.78
Payback Speed
1
STR Suitability
3

Property Details

Bedrooms: 2
Building: 250
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Description

Excellent 2 bedroom duplex apartment in a gated community for sale in Portimão, Faro, Algarve, Portugal. Located in a central area in Portimão, this apartment is located in a condominium of excellence with swimming pool, gym and a large parking area with garage/closed storage room. It is located in the central block

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