T2 flat in Rua Ilha do Pico, Pedra Alçada, Lagos Cidade, Lagos
Grade Bapartmentunknown

T2 flat in Rua Ilha do Pico, Pedra Alçada, Lagos Cidade, Lagos

Lagos · Western Algarve ·

€441,000

Asking Price (EUR)

8.4%

Gross Yield

5.5%

Net Yield (Owner)

3.8%

Net Yield (Managed)

54%

Occupancy

Projected Gross Revenue: €40,192/yr
Average Daily Rate: 204
Payback Period: 18.2 years
5-yr Capital Value: €579,467
10-yr Capital Value: €705,011
Brixfox Score: 63.8 / 100
Comparable Properties: 97
Data Confidence: 97%
Search Radius: 2 km
Bedrooms: 2
Building: 136
Ownership: Freehold
Style: unknown
Condition: unknown

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Score Breakdown

ROI
16.22
Visual Appeal
9
Ownership Security
13
Location
10.44
Land & Space
4.72
Rental Demand
5.4
Payback Speed
2
STR Suitability
3

Description

Excellent 2 bedroom flat in Lagos, with good areas, superior finishes in prime area, private parking, terrace/solarium, swimming pool, security door, electric shutters, central vacuum, electric underfloor heating, air conditioning, quiet surrounding area and with all services at the door. Opportunity Energy Rating: A+

Location

📍 37.1028°N, 8.6731°W

· Lagos, Algarve, Portugal

T2 flat in Rua Ilha do Pico, Pedra Alçada, Lagos Cidade, Lagos
Grade Bapartmentunknown

T2 flat in Rua Ilha do Pico, Pedra Alçada, Lagos Cidade, Lagos

Lagos · Western Algarve ·

€441,000

Asking Price (EUR)

8.4%

Gross Yield

5.5%

Net Yield (Owner)

3.8%

Net Yield (Managed)

54%

Occupancy

Gross Revenue: €40,192/yr
Avg Daily Rate: €204
Payback: 18.2 years
5-yr Capital Value: €579,467
10-yr Capital Value: €705,011
Brixfox Score: 63.8 / 100

Score Breakdown

ROI
16.22
Visual Appeal
9
Ownership Security
13
Location
10.44
Land & Space
4.72
Rental Demand
5.4
Payback Speed
2
STR Suitability
3

Property Details

Bedrooms: 2
Building: 136
Ownership: Freehold
Style: unknown
Condition: unknown

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Description

Excellent 2 bedroom flat in Lagos, with good areas, superior finishes in prime area, private parking, terrace/solarium, swimming pool, security door, electric shutters, central vacuum, electric underfloor heating, air conditioning, quiet surrounding area and with all services at the door. Opportunity Energy Rating: A+

Location & Airbnb Comparables

37.1028°N, 8.6731°W
· Lagos, Algarve
97
Comps Used
249
Avg Daily Rate
56%
Avg Occupancy
€50,528
Est. Revenue/yr

Based on 97 Airbnb comparables within 2 km. Confidence: 97%. Individual comp listings will appear here as live data collection expands.

Comps Used: 97
Confidence: 97%
Radius: 2 km