Grade Bapartment
T2 flat in Rua da Palmeira, Nn, Quinta da Palmeira, Albufeira, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€385,000
Asking Price (EUR)
5.1%
Gross Yield
3.3%
Net Yield (Owner)
2.3%
Net Yield (Managed)
30%
Occupancy
Projected Gross Revenue: €21,159/yr
Average Daily Rate: €192
Payback Period: 30.2 years
5-yr Capital Value: €505,884
10-yr Capital Value: €615,486
Brixfox Score: 55 / 100
Comparable Properties: 47
Data Confidence: 89%
Search Radius: 2 km
Bedrooms: 2
Building: 105 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
11.7
Visual Appeal
10
Ownership Security
13
Location
10.2
Land & Space
4.1
Rental Demand
3.01
Payback Speed
0
STR Suitability
3
Description
Fabulous ground floor flat with 2 bedrooms and 2 bathrooms, set in a gated, safe and well-maintained condominium, consisting of only 36 apartments, situated in the highly sought-after Balavista area of Albufeira. Located at the end of a quiet cul-de-sac, it offers both privacy and convenience, being just a 2-minute wa
Location
📍 37.0890°N, 8.1870°W
· Albufeira, Algarve, Portugal