Grade Bapartmentunknown
T2 flat in Torralta, Lagos Cidade, Lagos
Lagos · Western Algarve ·
€615,000
Asking Price (EUR)
6.0%
Gross Yield
3.9%
Net Yield (Owner)
2.7%
Net Yield (Managed)
54%
Occupancy
Projected Gross Revenue: €40,192/yr
Average Daily Rate: €204
Payback Period: 25.4 years
5-yr Capital Value: €808,101
10-yr Capital Value: €983,178
Brixfox Score: 59.7 / 100
Comparable Properties: 97
Data Confidence: 97%
Search Radius: 2 km
Bedrooms: 2
Building: 151 m²
Ownership: Freehold
Style: unknown
Condition: unknown
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
13.84
Visual Appeal
9
Ownership Security
13
Location
10.44
Land & Space
5.02
Rental Demand
5.4
Payback Speed
0
STR Suitability
3
Description
This luxury two bedroom apartment is located on a brand-new development in a scenic area of Lagos, in the western Algarve. A short two minute drive from the beach, and close to the historic city centre, this is a highly-sought after position. This apartment comprises an open plan living/dining are, a very large terrace
Location
📍 37.1028°N, 8.6731°W
· Lagos, Algarve, Portugal