Grade B+apartment
T2 flat in Pedra Alçada, Lagos Cidade, Lagos
Lagos · Western Algarve ·
€530,000
Asking Price (EUR)
8.8%
Gross Yield
5.7%
Net Yield (Owner)
4.0%
Net Yield (Managed)
56%
Occupancy
Projected Gross Revenue: €50,531/yr
Average Daily Rate: €249
Payback Period: 17.4 years
5-yr Capital Value: €696,412
10-yr Capital Value: €847,292
Brixfox Score: 65.2 / 100
Comparable Properties: 97
Data Confidence: 97%
Search Radius: 2 km
Bedrooms: 2
Building: 130 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
16.61
Visual Appeal
10
Ownership Security
13
Location
10.44
Land & Space
4.6
Rental Demand
5.57
Payback Speed
2
STR Suitability
3
Description
In one of the most coveted areas of Lagos, just 5 minutes from the city center and its amenities, a new condominium of superior quality and modern finishes will be born. Contemporary in style, the building will boast a modern design and large terraces. Building with 4 floors (ground floor + 3 floors) and 23 unique and
Location
📍 37.1028°N, 8.6731°W
· Lagos, Algarve, Portugal