Grade Bapartment
T3 flat in Estrada de Alvor, 11, Três Bicos, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€730,000
Asking Price (EUR)
8.0%
Gross Yield
5.2%
Net Yield (Owner)
3.6%
Net Yield (Managed)
41%
Occupancy
Projected Gross Revenue: €62,920/yr
Average Daily Rate: €425
Payback Period: 19.3 years
5-yr Capital Value: €959,209
10-yr Capital Value: €1.2M
Brixfox Score: 62.2 / 100
Comparable Properties: 15
Data Confidence: 86%
Search Radius: 2 km
Bedrooms: 3
Building: 460 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
15.76
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
4.06
Payback Speed
2
STR Suitability
3
Description
We present these magnificent T3 apartments, located in the quiet area of Três Bicos, within a gated community, with a private pool and barbecue. Ideal for those seeking comfort, tranquility, and quality of life. Schedule your visit today.
Location
📍 37.1290°N, 8.5910°W
· Portimão, Algarve, Portugal