Grade Bapartment
T2 flat in Rua Serpa Pinto, Zona Ribeirinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€450,000
Asking Price (EUR)
6.5%
Gross Yield
4.3%
Net Yield (Owner)
3.0%
Net Yield (Managed)
48%
Occupancy
Projected Gross Revenue: €31,854/yr
Average Daily Rate: €183
Payback Period: 23.5 years
5-yr Capital Value: €591,293
10-yr Capital Value: €719,399
Brixfox Score: 60.1 / 100
Comparable Properties: 83
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 2
Building: 133 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
14.33
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.66
Rental Demand
4.78
Payback Speed
1
STR Suitability
3
Description
A contemporary architectural building, integrated into a historic block, in the riverside area of the city of Portimão. About 2 minutes from the pedestrian walkway where you can enjoy a magnificent view over the Arade River, you can also find a whole range of leisure services, sports and cultural infrastructure, res
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal