Grade Bvillaunknown
Semi-detached house in Rua Nova da Aldeia, Centro, Lagos Cidade, Lagos
Lagos · Western Algarve ·
€990,000
Asking Price (EUR)
4.9%
Gross Yield
3.2%
Net Yield (Owner)
2.2%
Net Yield (Managed)
45%
Occupancy
Projected Gross Revenue: €52,534/yr
Average Daily Rate: €323
Payback Period: 31.3 years
5-yr Capital Value: €1.3M
10-yr Capital Value: €1.6M
Brixfox Score: 57.4 / 100
Comparable Properties: 72
Data Confidence: 91%
Search Radius: 2 km
Bedrooms: 3
Building: 1030 m²
Ownership: Freehold
Style: unknown
Condition: unknown
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
11.54
Visual Appeal
9
Ownership Security
13
Location
10.44
Land & Space
6
Rental Demand
4.46
Payback Speed
0
STR Suitability
3
Description
We present this very interesting project located in the center of the city of Lagos, in an area of high demand and strong potential for appreciation. The property consists of land with old houses (identified in the images) and has an approved project for the construction of 5 semi-detached townhouses, all with garage,
Location
📍 37.1028°N, 8.6731°W
· Lagos, Algarve, Portugal