Grade B+apartment
Penthouse in Rua 3, 1, Boavista, Portimão
Portimão · Western Algarve ·
€299,000
Asking Price (EUR)
16.5%
Gross Yield
10.7%
Net Yield (Owner)
7.4%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 9.3 years
5-yr Capital Value: €392,882
10-yr Capital Value: €478,000
Brixfox Score: 72.1 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 89 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
24.23
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.78
Rental Demand
4.74
Payback Speed
4
STR Suitability
3
Description
Discover this exquisite penthouse in the heart of Portimão, Faro, priced at €299,000. Spanning 88.57m², this beautifully renovated apartment offers a perfect blend of modern confort and city living, featuring ample natural light and stunning city views. The layout includes three spacious rooms, two bathrooms, and a we
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal