Grade Bapartment
Penthouse in Rua Doutor João Grade Cabrita Santos, Cidade de Lagoa, Lagoa e Carvoeiro
Lagoa/Carvoeiro · Central Algarve ·
€281,000
Asking Price (EUR)
9.0%
Gross Yield
5.8%
Net Yield (Owner)
4.0%
Net Yield (Managed)
47%
Occupancy
Projected Gross Revenue: €27,295/yr
Average Daily Rate: €159
Payback Period: 17.1 years
5-yr Capital Value: €369,230
10-yr Capital Value: €449,225
Brixfox Score: 63.4 / 100
Comparable Properties: 48
Data Confidence: 91%
Search Radius: 2 km
Bedrooms: 1
Building: 67 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
16.78
Visual Appeal
10
Ownership Security
13
Location
10.56
Land & Space
3.34
Rental Demand
4.72
Payback Speed
2
STR Suitability
3
Description
Located in the center of Lagoa, this beautiful newly built 1-bedroom apartment (60 m²) is situated in a small and exclusive condominium. It is the perfect property for permanent living, a holiday home, or a smart rental investment. The apartment is brand new and finished with high-quality materials and modern comforts
Location
📍 37.0940°N, 8.4720°W
· Lagoa/Carvoeiro, Algarve, Portugal