Grade B+apartmentmid-range
T2 flat in Avenida São João de Deus, 1, Portimão
Portimão · Western Algarve ·
€269,000
Asking Price (EUR)
11.8%
Gross Yield
7.7%
Net Yield (Owner)
5.3%
Net Yield (Managed)
49%
Occupancy
Projected Gross Revenue: €34,220/yr
Average Daily Rate: €191
Payback Period: 13.1 years
5-yr Capital Value: €353,462
10-yr Capital Value: €430,041
Brixfox Score: 66.5 / 100
Comparable Properties: 82
Data Confidence: 90%
Search Radius: 2 km
Bedrooms: 2
Building: 84 m²
Ownership: Freehold
Style: contemporary
Condition: good
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Design Features
kitchen pass-through windowpatterned kitchen backsplashsofa bed with storage
Score Breakdown
ROI
19.56
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
3.68
Rental Demand
4.9
Payback Speed
3
STR Suitability
3
Description
Discover this unique opportunity to purchase an 84m² two-bedroom plus studio apartment, situated in the iconic Alameda area, in the heart of Portimão. Ideal as an investment or permanent home, this property has undergone a partial refurbishment designed with functionality and contemporary living in mind, offering a bal
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal