Grade Bapartment
T3 flat, Lg. da Correeira, 85, Vale Pedras, Albufeira, Albufeira e Olhos de Água
Albufeira · Central Algarve ·
€695,000
Asking Price (EUR)
7.3%
Gross Yield
4.7%
Net Yield (Owner)
3.3%
Net Yield (Managed)
34%
Occupancy
Projected Gross Revenue: €54,481/yr
Average Daily Rate: €441
Payback Period: 21.2 years
5-yr Capital Value: €913,220
10-yr Capital Value: €1.1M
Brixfox Score: 61.6 / 100
Comparable Properties: 17
Data Confidence: 83%
Search Radius: 2 km
Bedrooms: 3
Building: 220 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
15.04
Visual Appeal
10
Ownership Security
13
Location
10.2
Land & Space
6
Rental Demand
3.39
Payback Speed
1
STR Suitability
3
Description
Brand New 3-Bedroom Apartment in the Centre of Albufeira – Correeira Discover this magnificent brand new 3 bedroom apartment, located in the prestigious area of Correeira, right in the heart of Albufeira. Set in an exclusive private condominium with only 16 units, this property offers comfort, privacy and a central ye
Location
📍 37.0890°N, 8.1870°W
· Albufeira, Algarve, Portugal