Grade B+apartment
T3 flat in Vila Rosa, Portimão
Portimão · Western Algarve ·
€345,000
Asking Price (EUR)
14.3%
Gross Yield
9.3%
Net Yield (Owner)
6.4%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 10.8 years
5-yr Capital Value: €453,325
10-yr Capital Value: €551,539
Brixfox Score: 70.6 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 121 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
22.07
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.42
Rental Demand
4.74
Payback Speed
4
STR Suitability
3
Description
Totally renovated apartment located on the most iconic avenue of the city of Portimão. Property consisting of entrance hall that I distributed to the living room with balcony. Kitchen equipped with ceramic hob, oven and extractor, granite stone countertop and with pantry. Has 3 bedrooms, one of them with built-in wardr
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal