Grade Bapartment
Penthouse in Rua de Vale do Milho, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro
Lagoa/Carvoeiro · Central Algarve ·
€2.4M
Asking Price (EUR)
3.0%
Gross Yield
2.0%
Net Yield (Owner)
1.4%
Net Yield (Managed)
46%
Occupancy
Projected Gross Revenue: €78,584/yr
Average Daily Rate: €470
Payback Period: 50.7 years
5-yr Capital Value: €3.2M
10-yr Capital Value: €3.8M
Brixfox Score: 57 / 100
Comparable Properties: 22
Data Confidence: 90%
Search Radius: 2 km
Bedrooms: 3
Building: 369 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
9.82
Visual Appeal
10
Ownership Security
13
Location
10.56
Land & Space
6
Rental Demand
4.59
Payback Speed
0
STR Suitability
3
Description
Magnificent penthouse with stunning sea views, located in an exclusive tourist resort with a privileged location. Sold fully furnished and equipped, it offers a contemporary design, high quality finishes, luxury details and maximum comfort. On the top floor of a building with elevator, the apartment comprises a spacio
Location
📍 37.0940°N, 8.4720°W
· Lagoa/Carvoeiro, Algarve, Portugal