Grade Bapartment
T2 flat in Praia da Rocha, Portimão
Portimão · Western Algarve ·
€525,000
Asking Price (EUR)
6.7%
Gross Yield
4.4%
Net Yield (Owner)
3.0%
Net Yield (Managed)
46%
Occupancy
Projected Gross Revenue: €38,096/yr
Average Daily Rate: €226
Payback Period: 22.9 years
5-yr Capital Value: €689,842
10-yr Capital Value: €839,299
Brixfox Score: 58.4 / 100
Comparable Properties: 87
Data Confidence: 90%
Search Radius: 2 km
Bedrooms: 2
Building: 95 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
14.5
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
3.9
Rental Demand
4.63
Payback Speed
1
STR Suitability
3
Description
Here is an incredible opportunity at the Elite Residence, a building located 150 m from Praia da Rocha. This 2 bedroom, 2 bathroom apartment offers a gross area of 95m2, with a price of 525,000. 00. Situated on the 11th floor, this apartment features stunning sea views, swimming pool, garage parking space, and is fully
Location
📍 37.1180°N, 8.5320°W
· Portimão, Algarve, Portugal