Grade B+apartment
T3 flat in Estrada de Alvor, 42, Quinta da Malata, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€450,000
Asking Price (EUR)
12.9%
Gross Yield
8.4%
Net Yield (Owner)
5.8%
Net Yield (Managed)
41%
Occupancy
Projected Gross Revenue: €62,920/yr
Average Daily Rate: €425
Payback Period: 11.9 years
5-yr Capital Value: €591,293
10-yr Capital Value: €719,399
Brixfox Score: 69 / 100
Comparable Properties: 15
Data Confidence: 86%
Search Radius: 2 km
Bedrooms: 3
Building: 189 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
20.74
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
5.78
Rental Demand
4.06
Payback Speed
4
STR Suitability
3
Description
Portimão City Center Rua Direita de Portimão New Apartment. Ready to move in Building with 3 apartments. 1 apartment per floor T3 Apartment on the 3rd Floor 2 suites 3 Bathrooms 2 parking spaces on the 0th Floor Storage room on the 0th Floor next to the parking 2 Balconies 1 Terrace Air Conditioning Kitchen equipped
Location
📍 37.1290°N, 8.5910°W
· Portimão, Algarve, Portugal