Grade Bapartmentunknown
T2 flat in Praia da Luz, Luz
Lagos · Western Algarve ·
€550,000
Asking Price (EUR)
6.0%
Gross Yield
3.9%
Net Yield (Owner)
2.7%
Net Yield (Managed)
51%
Occupancy
Projected Gross Revenue: €35,344/yr
Average Daily Rate: €191
Payback Period: 25.9 years
5-yr Capital Value: €722,692
10-yr Capital Value: €879,265
Brixfox Score: 57.3 / 100
Comparable Properties: 85
Data Confidence: 94%
Search Radius: 2 km
Bedrooms: 2
Building: 66 m²
Ownership: Freehold
Style: unknown
Condition: unknown
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
13.73
Visual Appeal
9
Ownership Security
13
Location
10.2
Land & Space
3.32
Rental Demand
5.07
Payback Speed
0
STR Suitability
3
Description
With a superb location close to the beautiful Luz beach and within walking distance of all the local attractions and amenities, this sea view duplex, currently undergoing a complete refurb is your dream property in the sun. The property will be ready in the Spring of this year and is being remodelled by a local develo
Location
📍 37.0870°N, 8.7290°W
· Lagos, Algarve, Portugal