Grade B+apartment
T3 flat in Rua Serpa Pinto, Zona Ribeirinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€450,000
Asking Price (EUR)
10.9%
Gross Yield
7.1%
Net Yield (Owner)
4.9%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 14.1 years
5-yr Capital Value: €591,293
10-yr Capital Value: €719,399
Brixfox Score: 66.6 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 137 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
18.73
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.74
Rental Demand
4.74
Payback Speed
3
STR Suitability
3
Description
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, resta
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal