Grade B+apartment
T1 flat in Praceta da Aurora, Ladeira de Nora - Vale da Zorra, Alvor
Portimão · Western Algarve ·
€175,000
Asking Price (EUR)
10.6%
Gross Yield
6.9%
Net Yield (Owner)
4.8%
Net Yield (Managed)
37%
Occupancy
Projected Gross Revenue: €19,970/yr
Average Daily Rate: €150
Payback Period: 14.6 years
5-yr Capital Value: €229,947
10-yr Capital Value: €279,766
Brixfox Score: 65.4 / 100
Comparable Properties: 69
Data Confidence: 84%
Search Radius: 2 km
Bedrooms: 1
Building: 81 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
18.35
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
3.66
Payback Speed
3
STR Suitability
3
Description
Studio apartment (T0+1) with service allocation in the Pelican Hotel in Alvor. Possibility of permanent residence. Information regarding operation: If the client wishes to use the unit for tourist rental, they can use the apartment freely between October 1st and May 31st. However, between June 1st and September 30th
Location
📍 37.1290°N, 8.5910°W
· Portimão, Algarve, Portugal