Grade Bapartment
Penthouse in Rua de Vale do Milho, Vale Milho - Vale Centeanes - Algar seco, Lagoa e Carvoeiro
Lagoa/Carvoeiro · Central Algarve ·
€1.6M
Asking Price (EUR)
4.5%
Gross Yield
3.0%
Net Yield (Owner)
2.0%
Net Yield (Managed)
46%
Occupancy
Projected Gross Revenue: €78,584/yr
Average Daily Rate: €470
Payback Period: 33.8 years
5-yr Capital Value: €2.1M
10-yr Capital Value: €2.6M
Brixfox Score: 58.4 / 100
Comparable Properties: 22
Data Confidence: 90%
Search Radius: 2 km
Bedrooms: 3
Building: 334 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
11.21
Visual Appeal
10
Ownership Security
13
Location
10.56
Land & Space
6
Rental Demand
4.59
Payback Speed
0
STR Suitability
3
Description
Luxurious 3-bedroom penthouse, located in an exclusive, fully gated tourist resort in Carvoeiro. Sold fully equipped and furnished, this bright and spacious apartment features contemporary design and high-quality finishes, combining elegance, comfort, and functionality. It comprises an open-plan living and dining area
Location
📍 37.0940°N, 8.4720°W
· Lagoa/Carvoeiro, Algarve, Portugal