Grade Bapartment
T2 flat in Rua Jaime Palhinha, Vale Franca - Barranco do Rodrigo, Portimão
Portimão · Western Algarve ·
€500,000
Asking Price (EUR)
5.9%
Gross Yield
3.8%
Net Yield (Owner)
2.6%
Net Yield (Managed)
48%
Occupancy
Projected Gross Revenue: €31,854/yr
Average Daily Rate: €183
Payback Period: 26.1 years
5-yr Capital Value: €656,993
10-yr Capital Value: €799,332
Brixfox Score: 58 / 100
Comparable Properties: 83
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 2
Building: 110 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
13.68
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.2
Rental Demand
4.78
Payback Speed
0
STR Suitability
3
Description
Apartment in a quiet area a few meters from Três Castelos beach, located in a condominium with a swimming pool and garden, in the Vau da Rocha area. Open-plan living room and equipped kitchen; 2 bedrooms with wardrobes, oneof which is en-suite with a bathtub; bathroom with shower. Both bathrooms have heated floors.
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal