Grade B+apartment
T3 flat in Quinta da Malata, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€240,000
Asking Price (EUR)
20.5%
Gross Yield
13.3%
Net Yield (Owner)
9.2%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 7.5 years
5-yr Capital Value: €315,356
10-yr Capital Value: €383,679
Brixfox Score: 74.1 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 100 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
25
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
4
Rental Demand
4.74
Payback Speed
5
STR Suitability
3
Description
T3 apartment, for complete renovation Located in the quiet area of Três Bicos, in Portimão, this T3 apartment is for complete renovation. T3 apartment, on a four-story building, Ground Floor, and 3 more floors. It is located on the 1st floor, with three bedrooms and two bathrooms for complete restoration. It does n
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal