Grade B+apartment
T3 flat in Rua do Moínho, Nn, Marina de Albufeira - Cerro da Piedade, Albufeira, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€599,000
Asking Price (EUR)
12.9%
Gross Yield
8.4%
Net Yield (Owner)
5.8%
Net Yield (Managed)
46%
Occupancy
Projected Gross Revenue: €83,633/yr
Average Daily Rate: €495
Payback Period: 11.9 years
5-yr Capital Value: €787,077
10-yr Capital Value: €957,600
Brixfox Score: 71.5 / 100
Comparable Properties: 14
Data Confidence: 82%
Search Radius: 2 km
Bedrooms: 3
Building: 197 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
20.72
Visual Appeal
10
Ownership Security
13
Location
10.2
Land & Space
5.94
Rental Demand
4.63
Payback Speed
4
STR Suitability
3
Description
In Cerro Grande. T3 Apartment in The Windmill Apartments at the top of Cerro Grande, Albufeira. 3 double bedrooms. Very quiet as it is away from the main tourist spots. Brand new bathrooms and kitchen. Air conditioning in the living room. 180 deg view of the sea. Public pool nearby. 8 mins walk to the beach. Photos to
Location
📍 37.0890°N, 8.1870°W
· Albufeira, Algarve, Portugal