Grade C+apartment
T1 flat in Rua Dom Carlos I, Nn, Zona Ribeirinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€330,000
Asking Price (EUR)
5.0%
Gross Yield
3.3%
Net Yield (Owner)
2.3%
Net Yield (Managed)
41%
Occupancy
Projected Gross Revenue: €17,907/yr
Average Daily Rate: €119
Payback Period: 30.6 years
5-yr Capital Value: €433,615
10-yr Capital Value: €527,559
Brixfox Score: 54.6 / 100
Comparable Properties: 84
Data Confidence: 92%
Search Radius: 2 km
Bedrooms: 1
Building: 75 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
11.64
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.5
Rental Demand
4.13
Payback Speed
0
STR Suitability
3
Description
Located next to the riverside area, with easy and quick access to the center, this apartment has been refurbished in a modern way and is equipped with double glazing and air conditioning. The change to a 1 bedroom apartment meant that it had some very generous areas. Located on the 7th floor, it benefits from a wond
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal