Grade B+apartment
T3 flat in Quinta da Palmeira, Albufeira, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€430,000
Asking Price (EUR)
18.0%
Gross Yield
11.7%
Net Yield (Owner)
8.1%
Net Yield (Managed)
46%
Occupancy
Projected Gross Revenue: €83,633/yr
Average Daily Rate: €495
Payback Period: 8.5 years
5-yr Capital Value: €565,014
10-yr Capital Value: €687,425
Brixfox Score: 74.6 / 100
Comparable Properties: 14
Data Confidence: 82%
Search Radius: 2 km
Bedrooms: 3
Building: 144 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
24.89
Visual Appeal
10
Ownership Security
13
Location
10.2
Land & Space
4.88
Rental Demand
4.63
Payback Speed
4
STR Suitability
3
Description
2+1 bedroom duplex apartment, located in the center of Albufeira. Apartment comprising, on the ground floor, an entrance hall, bathroom, storage, living room with open space kitchen with access to a terrace with direct access to the garden and the condominium pool. Going up to the first floor of the apartment, we have
Location
📍 37.0890°N, 8.1870°W
· Albufeira, Algarve, Portugal