Outside Lisbon/Oporto/Coimbra (very hot markets) probably 570€/month on a 3 bedroom condo would be a B level medium rent income.As always, this is theory only, I have no real experience.

Quote from @Ronald Rohde: nice update, pretty bird It’s hot down here around 90.  

And now with rates being high, plus many areas overbuilt with new apartment buildings, I’d be careful with unknown areas, and also what you read in the media about “hot” areas, up and comers, etc.I was in a similar situation to yours a couple years ago.

Plus HOT tax. 

Also Park City is hot right now, Amazon is building a facility there.  

Handyman to wire a hot tub ?   

This gem is had vinyl windows, some refreshed baths and kitchens, a newer roof, sleek vinyl siding, and brand-new furnaces and hot water heaters installed in 2023.

After some investments in amenities (primarily hot tubs), our last 3 months have averaged 12k/m.This property is owned outright, and due to the size of the property, the small square footage of the units, and the lack of comps in the area we have found it difficult to lock down any refinancing.

They have ghetto Class Ds in Texas and Philly, a REIT, working farms, an operating golf club, apartment complexes, cryptocurrency... it's almost like whenever a very hot prospect gets through all their different asset classes, they simply invent another one.

I would suggest you take a few months and watch the market before jumping in because the market has adjusted the pricing because it's hot.