Grade Bapartmentunknown
Penthouse in Rua Ruy Belo, 1, Meia Praia, Lagos
Lagos · Western Algarve ·
€870,000
Asking Price (EUR)
4.7%
Gross Yield
3.1%
Net Yield (Owner)
2.1%
Net Yield (Managed)
54%
Occupancy
Projected Gross Revenue: €44,246/yr
Average Daily Rate: €224
Payback Period: 32.7 years
5-yr Capital Value: €1.1M
10-yr Capital Value: €1.4M
Brixfox Score: 55.5 / 100
Comparable Properties: 96
Data Confidence: 91%
Search Radius: 2 km
Bedrooms: 2
Building: 168 m²
Ownership: Freehold
Style: unknown
Condition: unknown
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
11.35
Visual Appeal
9
Ownership Security
13
Location
8.4
Land & Space
5.36
Rental Demand
5.4
Payback Speed
0
STR Suitability
3
Description
Penthouse in the Meia Praia area, Lagos T2 typology. Generous areas and 180-degree sea views from all rooms and the living room. (1 suite with walk-in closet) Balcony and solarium Includes a generously sized parking space Apartment located in a tourist condominium, so the owner can monetize the investment if they wish.
Location
📍 37.1100°N, 8.6600°W
· Lagos, Algarve, Portugal