Grade B+villa
Detached house in Rua Serpa Pinto, 19, Zona Ribeirinha, Portimão Cidade, Portimão
Portimão · Western Algarve ·
€485,000
Asking Price (EUR)
12.8%
Gross Yield
8.3%
Net Yield (Owner)
5.7%
Net Yield (Managed)
32%
Occupancy
Projected Gross Revenue: €66,843/yr
Average Daily Rate: €578
Payback Period: 12.1 years
5-yr Capital Value: €637,283
10-yr Capital Value: €775,352
Brixfox Score: 68.1 / 100
Comparable Properties: 6
Data Confidence: 63%
Search Radius: 2 km
Bedrooms: 4
Building: 234 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
20.55
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
3.17
Payback Speed
3
STR Suitability
3
Description
House T4 refurbished in the Riverside Zone of Portimão Property consisting of 3 floors and a fantastic terrace with river view. It was divided into three apartments, two T2 and one T0 on the top floor with independent entrances. Excellent opportunity to monetize. Internal reference: KT_1450 Portimão is a Portugues
Location
📍 37.1356°N, 8.5377°W
· Portimão, Algarve, Portugal