T3 flat in Rua Jaime Banho Dias Cordeiro, Três Bicos, Portimão Cidade, Portimão
Grade B+apartment

T3 flat in Rua Jaime Banho Dias Cordeiro, Três Bicos, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€460,000

Asking Price (EUR)

10.7%

Gross Yield

7.0%

Net Yield (Owner)

4.8%

Net Yield (Managed)

47%

Occupancy

Projected Gross Revenue: €53,220/yr
Average Daily Rate: 308
Payback Period: 14.4 years
5-yr Capital Value: €604,433
10-yr Capital Value: €735,385
Brixfox Score: 67.6 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 199
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
18.5
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.98
Rental Demand
4.74
Payback Speed
3
STR Suitability
3

Description

Get ready to fall in love with this incredible 3 + 1 bedroom apartment, a business opportunity you can't miss. With an excellent location, large areas. 3 fronts and large terraces, this is your refuge. Main Features: Large Living Room with Balcony and Fireplace: The spacious living room opens onto a terrace providing

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

T3 flat in Rua Jaime Banho Dias Cordeiro, Três Bicos, Portimão Cidade, Portimão
Grade B+apartment

T3 flat in Rua Jaime Banho Dias Cordeiro, Três Bicos, Portimão Cidade, Portimão

Portimão · Western Algarve ·

€460,000

Asking Price (EUR)

10.7%

Gross Yield

7.0%

Net Yield (Owner)

4.8%

Net Yield (Managed)

47%

Occupancy

Gross Revenue: €53,220/yr
Avg Daily Rate: €308
Payback: 14.4 years
5-yr Capital Value: €604,433
10-yr Capital Value: €735,385
Brixfox Score: 67.6 / 100

Score Breakdown

ROI
18.5
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
5.98
Rental Demand
4.74
Payback Speed
3
STR Suitability
3

Property Details

Bedrooms: 3
Building: 199
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Description

Get ready to fall in love with this incredible 3 + 1 bedroom apartment, a business opportunity you can't miss. With an excellent location, large areas. 3 fronts and large terraces, this is your refuge. Main Features: Large Living Room with Balcony and Fireplace: The spacious living room opens onto a terrace providing

Location & Airbnb Comparables

37.1356°N, 8.5377°W
· Portimão, Algarve
26
Comps Used
308
Avg Daily Rate
47%
Avg Occupancy
€53,218
Est. Revenue/yr

Based on 26 Airbnb comparables within 2 km. Confidence: 87%. Individual comp listings will appear here as live data collection expands.

Comps Used: 26
Confidence: 87%
Radius: 2 km