Grade B+villaunknown
Detached house in Centro, Lagos Cidade, Lagos
Lagos · Western Algarve ·
€370,000
Asking Price (EUR)
12.7%
Gross Yield
8.2%
Net Yield (Owner)
5.7%
Net Yield (Managed)
56%
Occupancy
Projected Gross Revenue: €50,531/yr
Average Daily Rate: €249
Payback Period: 12.2 years
5-yr Capital Value: €486,174
10-yr Capital Value: €591,506
Brixfox Score: 69.8 / 100
Comparable Properties: 97
Data Confidence: 97%
Search Radius: 2 km
Bedrooms: 2
Building: 120 m²
Ownership: Freehold
Style: unknown
Condition: unknown
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
20.43
Visual Appeal
10
Ownership Security
13
Location
10.44
Land & Space
4.4
Rental Demand
5.57
Payback Speed
3
STR Suitability
3
Description
Building to be renovated in the centre of Lagos. Single-storey property with backyard, licensed for restaurant and residential use. There is a PIP (request for preliminary information) with a favourable opinion on the feasibility of extending the building from 1 floor to 4 floors, with a proposed 'stepped' occupation
Location
📍 37.1028°N, 8.6731°W
· Lagos, Algarve, Portugal