Grade C+apartment
T2 flat, Quinta da Balaia, 116, Balaia, Olhos de Água, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€420,000
Asking Price (EUR)
4.7%
Gross Yield
3.0%
Net Yield (Owner)
2.1%
Net Yield (Managed)
30%
Occupancy
Projected Gross Revenue: €21,159/yr
Average Daily Rate: €192
Payback Period: 33.0 years
5-yr Capital Value: €551,874
10-yr Capital Value: €671,439
Brixfox Score: 54.8 / 100
Comparable Properties: 47
Data Confidence: 89%
Search Radius: 2 km
Bedrooms: 2
Building: 112 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
11.32
Visual Appeal
10
Ownership Security
13
Location
10.2
Land & Space
4.24
Rental Demand
3.01
Payback Speed
0
STR Suitability
3
Description
Apartment located on the ground floor with terraces located in a building built in 2003 Living room, kitchen, laundry room ( washing machine and dryer), 2 bedrooms (1 suite) with fitted wardrobes. The flat is sold furnished and equipped, including kitchen accessories, equipment and sufficient household linen necessar
Location
📍 37.0890°N, 8.1870°W
· Albufeira, Algarve, Portugal