Grade Bapartment
T3 flat in Vale de Lagar - Quinta das Oliveiras - Pedra Mourinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€620,000
Asking Price (EUR)
8.0%
Gross Yield
5.2%
Net Yield (Owner)
3.6%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €53,220/yr
Average Daily Rate: €308
Payback Period: 19.4 years
5-yr Capital Value: €814,671
10-yr Capital Value: €991,172
Brixfox Score: 63.8 / 100
Comparable Properties: 26
Data Confidence: 87%
Search Radius: 2 km
Bedrooms: 3
Building: 355 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
15.73
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
4.74
Payback Speed
2
STR Suitability
3
Description
3-Bedroom Triplex in a Gated Community with Pool in Portimão - Algarve Welcome to the Gardenias Living condominium, one of the most prestigious gated communities in the Portimão area. This property is spread across three floors: Floor -1: Two box garages with direct access to the apartment, a large living room with a
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal