T2 flat in Meia Praia, Lagos
Grade B+apartmentunknown

T2 flat in Meia Praia, Lagos

Lagos · Western Algarve ·

€245,000

Asking Price (EUR)

16.7%

Gross Yield

10.9%

Net Yield (Owner)

7.5%

Net Yield (Managed)

54%

Occupancy

Projected Gross Revenue: €44,246/yr
Average Daily Rate: 224
Payback Period: 9.2 years
5-yr Capital Value: €321,926
10-yr Capital Value: €391,673
Brixfox Score: 70.4 / 100
Comparable Properties: 96
Data Confidence: 91%
Search Radius: 2 km
Bedrooms: 2
Building: 61
Ownership: Freehold
Style: unknown
Condition: unknown

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
24.33
Visual Appeal
9
Ownership Security
13
Location
8.4
Land & Space
3.22
Rental Demand
5.4
Payback Speed
4
STR Suitability
3

Description

Discover the charm of this two-bedroom apartment, located in the heart of Lagos. With a total area of 61m2, this used property in need of some attention, it is a great investment opportunity. The apartment consists of: Entrance hall; Bright room, Two bedrooms, one of them with wardrobes with plenty of storage Bathr

Location

📍 37.1100°N, 8.6600°W

· Lagos, Algarve, Portugal

T2 flat in Meia Praia, Lagos
Grade B+apartmentunknown

T2 flat in Meia Praia, Lagos

Lagos · Western Algarve ·

€245,000

Asking Price (EUR)

16.7%

Gross Yield

10.9%

Net Yield (Owner)

7.5%

Net Yield (Managed)

54%

Occupancy

Gross Revenue: €44,246/yr
Avg Daily Rate: €224
Payback: 9.2 years
5-yr Capital Value: €321,926
10-yr Capital Value: €391,673
Brixfox Score: 70.4 / 100

Score Breakdown

ROI
24.33
Visual Appeal
9
Ownership Security
13
Location
8.4
Land & Space
3.22
Rental Demand
5.4
Payback Speed
4
STR Suitability
3

Property Details

Bedrooms: 2
Building: 61
Ownership: Freehold
Style: unknown
Condition: unknown

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Description

Discover the charm of this two-bedroom apartment, located in the heart of Lagos. With a total area of 61m2, this used property in need of some attention, it is a great investment opportunity. The apartment consists of: Entrance hall; Bright room, Two bedrooms, one of them with wardrobes with plenty of storage Bathr

Location & Airbnb Comparables

37.1100°N, 8.6600°W
· Lagos, Algarve
96
Comps Used
274
Avg Daily Rate
56%
Avg Occupancy
€55,625
Est. Revenue/yr

Based on 96 Airbnb comparables within 2 km. Confidence: 91%. Individual comp listings will appear here as live data collection expands.

Comps Used: 96
Confidence: 91%
Radius: 2 km