Grade B+apartment
T3 flat in Rua Fernando Pessoa, Cavalinha - Bombeiros, Olhão
Olhão · Eastern Algarve ·
€299,000
Asking Price (EUR)
23.2%
Gross Yield
15.1%
Net Yield (Owner)
10.4%
Net Yield (Managed)
61%
Occupancy
Projected Gross Revenue: €74,903/yr
Average Daily Rate: €337
Payback Period: 6.6 years
5-yr Capital Value: €392,882
10-yr Capital Value: €478,000
Brixfox Score: 74.3 / 100
Comparable Properties: 20
Data Confidence: 95%
Search Radius: 2 km
Bedrooms: 3
Building: 121 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
7.8
Land & Space
4.42
Rental Demand
6.08
Payback Speed
5
STR Suitability
3
Description
Fantastic 3 bedroom flat, in excellent condition and partially refurbished, ideal for those looking for comfort, location and unique views. Located on the 7th floor of a building with 9 floors, on the prestigious Avenida D. João VI, this property benefits from two elevators (in the process of being replaced by modern
Location
📍 37.0260°N, 7.8410°W
· Olhão, Algarve, Portugal