Grade Bapartmentunknown
T2 flat in Meia Praia, Lagos
Lagos · Western Algarve ·
€490,000
Asking Price (EUR)
8.4%
Gross Yield
5.4%
Net Yield (Owner)
3.8%
Net Yield (Managed)
54%
Occupancy
Projected Gross Revenue: €44,246/yr
Average Daily Rate: €224
Payback Period: 18.4 years
5-yr Capital Value: €643,853
10-yr Capital Value: €783,345
Brixfox Score: 61.7 / 100
Comparable Properties: 96
Data Confidence: 91%
Search Radius: 2 km
Bedrooms: 2
Building: 140 m²
Ownership: Freehold
Style: unknown
Condition: unknown
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
16.15
Visual Appeal
9
Ownership Security
13
Location
8.4
Land & Space
4.8
Rental Demand
5.4
Payback Speed
2
STR Suitability
3
Description
2 Bedroom, Ground floor Beach Front Apartment in Tourist complex, Meia Praia, Lagos •Easter promotion until 30th April •Apartment construction area 140m² •Year of Construction 1999 •2 Bedrooms, 2 Bathrooms •Private Parking Space included •Communal Pool, beautiful communal gardens •In-house Rental Investment Property •
Location
📍 37.1100°N, 8.6600°W
· Lagos, Algarve, Portugal