T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão
T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão — image 2T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão — image 3T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão — image 4T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão — image 5
Grade C+apartment

T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão

Portimão · Western Algarve ·

€430,000

Asking Price (EUR)

2.7%

Gross Yield

1.8%

Net Yield (Owner)

1.2%

Net Yield (Managed)

30%

Occupancy

Projected Gross Revenue: €12,524/yr
Average Daily Rate: 116
Payback Period: 57.0 years
5-yr Capital Value: €565,014
10-yr Capital Value: €687,425
Brixfox Score: 53.9 / 100
Comparable Properties: 96
Data Confidence: 84%
Search Radius: 2 km
Bedrooms: 1
Building: 69
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
9.53
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
2.97
Payback Speed
0
STR Suitability
3

Description

Discover this magnificent 1bedroom flat at the top, with a breathtaking view of the Arade River. With barbecue and bathroom on the terrace. Fully furnished with high-end furnishings, this Penthouse combines comfort, elegance and prime location. Building with 24-hour security, with 4 elevators. Highlights: Panoramic

Location

📍 37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal

T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão
T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão — image 2T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão — image 3T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão — image 4T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão — image 5
Grade C+apartment

T1 flat in Avenida das Comunidades Lusíadas, 3, Três Castelos, Portimão

Portimão · Western Algarve ·

€430,000

Asking Price (EUR)

2.7%

Gross Yield

1.8%

Net Yield (Owner)

1.2%

Net Yield (Managed)

30%

Occupancy

Projected Gross Revenue: €12,524/yr
Average Daily Rate: 116
Payback Period: 57.0 years
5-yr Capital Value: €565,014
10-yr Capital Value: €687,425
Brixfox Score: 53.9 / 100
Bedrooms: 1
Building: 69
Ownership: Freehold

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
9.53
Visual Appeal
10
Ownership Security
13
Location
9.36
Land & Space
6
Rental Demand
2.97
Payback Speed
0
STR Suitability
3

Description

Discover this magnificent 1bedroom flat at the top, with a breathtaking view of the Arade River. With barbecue and bathroom on the terrace. Fully furnished with high-end furnishings, this Penthouse combines comfort, elegance and prime location. Building with 24-hour security, with 4 elevators. Highlights: Panoramic

Location

37.1356°N, 8.5377°W

· Portimão, Algarve, Portugal