Grade B+apartment
T4 flat in Pedra Alçada, Lagos Cidade, Lagos
Lagos · Western Algarve ·
€890,000
Asking Price (EUR)
10.0%
Gross Yield
6.5%
Net Yield (Owner)
4.5%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €96,494/yr
Average Daily Rate: €558
Payback Period: 15.3 years
5-yr Capital Value: €1.2M
10-yr Capital Value: €1.4M
Brixfox Score: 67.5 / 100
Comparable Properties: 12
Data Confidence: 82%
Search Radius: 2 km
Bedrooms: 4
Building: 175 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
17.82
Visual Appeal
10
Ownership Security
13
Location
10.44
Land & Space
5.5
Rental Demand
4.74
Payback Speed
3
STR Suitability
3
Description
T3+1 apartment in the final stages of construction, located in a 4-story building. Situated in the city center of Lagos. Property with excellent finishes. Comprises an open-plan living room and kitchen, 2 bathrooms, 4 bedrooms, one of which is a suite. Bedrooms with built-in wardrobes. The apartment has a gross area
Location
📍 37.1028°N, 8.6731°W
· Lagos, Algarve, Portugal