Grade B+apartment
T4 flat in Três Castelos, Portimão
Portimão · Western Algarve ·
€348,000
Asking Price (EUR)
18.4%
Gross Yield
11.9%
Net Yield (Owner)
8.3%
Net Yield (Managed)
38%
Occupancy
Projected Gross Revenue: €69,031/yr
Average Daily Rate: €499
Payback Period: 8.4 years
5-yr Capital Value: €457,267
10-yr Capital Value: €556,335
Brixfox Score: 72.9 / 100
Comparable Properties: 6
Data Confidence: 73%
Search Radius: 2 km
Bedrooms: 4
Building: 137 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
25
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.74
Rental Demand
3.79
Payback Speed
4
STR Suitability
3
Description
This was a large apartment which has been separated into 2 smaller apartments. The ideal property for an extended family. Giving each their own space yet still together. 1 apartment has a long hallway, family bathroom, guest wc, open plan living area with fitted kitchen & balcony with sea view & 2 bedrooms each with fi
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal