Grade B+apartment
T3 flat in Rua dos Cactos, 2, Três Bicos, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€395,000
Asking Price (EUR)
12.5%
Gross Yield
8.1%
Net Yield (Owner)
5.6%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 12.3 years
5-yr Capital Value: €519,024
10-yr Capital Value: €631,472
Brixfox Score: 67.7 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 115 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
20.26
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4.3
Rental Demand
4.74
Payback Speed
3
STR Suitability
3
Description
This T3 apartment with 3 bathrooms (one service, one with shower and one with bathtub) has a closed garage space in a box. The apartment has been adapted and is currently with 2 bedrooms, but easily convertible to the original T3. The apartment consists of the entrance hall, the living room, the equipped kitchen and co
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal