Grade Aapartment
T3 flat in Rua José Pedro das Lages, 24 R/c 0a, Praia da Luz, Luz
Lagos · Western Algarve ·
€329,000
Asking Price (EUR)
23.3%
Gross Yield
15.1%
Net Yield (Owner)
10.5%
Net Yield (Managed)
64%
Occupancy
Projected Gross Revenue: €82,714/yr
Average Daily Rate: €353
Payback Period: 6.6 years
5-yr Capital Value: €432,301
10-yr Capital Value: €525,960
Brixfox Score: 76.9 / 100
Comparable Properties: 27
Data Confidence: 95%
Search Radius: 2 km
Bedrooms: 3
Building: 112 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
25
Visual Appeal
10
Ownership Security
13
Location
10.2
Land & Space
4.24
Rental Demand
6.43
Payback Speed
5
STR Suitability
3
Description
Very beautiful furnished T3 luxury apartment **** 5 minutes walk from Luz beach - Occupied life annuity sale for an indefinite period - Market value €417,000 - Down payment €185,000 - Right of use and habitation €87,973 (€789 monthly x 111 months) - the 111 months are determined by official insurance mortality statisti
Location
📍 37.0870°N, 8.7290°W
· Lagos, Algarve, Portugal