Grade B+apartment
Penthouse in Rua Primeiro de Maio, 8, Bela Vista, Estômbar e Parchal
Lagoa/Carvoeiro · Central Algarve ·
€425,000
Asking Price (EUR)
10.4%
Gross Yield
6.8%
Net Yield (Owner)
4.7%
Net Yield (Managed)
48%
Occupancy
Projected Gross Revenue: €47,682/yr
Average Daily Rate: €272
Payback Period: 14.8 years
5-yr Capital Value: €558,444
10-yr Capital Value: €679,432
Brixfox Score: 65 / 100
Comparable Properties: 34
Data Confidence: 71%
Search Radius: 6 km
Bedrooms: 2
Building: 130 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
18.18
Visual Appeal
10
Ownership Security
13
Location
8.4
Land & Space
4.6
Rental Demand
4.8
Payback Speed
3
STR Suitability
3
Description
Magnificent 2 bedroom Penthouse Apartment, in a private condominium, located in Bela Vista-Parchal, with a spectacular view comprising 1-Kitchen, 1- Living room, 1-Bathroom, 2- Bedrooms, 3- Large balconies around the Apartment and 1 -Garage-Box.
Location
📍 37.1510°N, 8.4910°W
· Lagoa/Carvoeiro, Algarve, Portugal