Grade B+apartmentunknown
T3 flat in Praia da Luz, Luz
Lagos · Western Algarve ·
€525,000
Asking Price (EUR)
10.5%
Gross Yield
6.8%
Net Yield (Owner)
4.7%
Net Yield (Managed)
56%
Occupancy
Projected Gross Revenue: €59,321/yr
Average Daily Rate: €291
Payback Period: 14.7 years
5-yr Capital Value: €689,842
10-yr Capital Value: €839,299
Brixfox Score: 68 / 100
Comparable Properties: 39
Data Confidence: 95%
Search Radius: 2 km
Bedrooms: 3
Building: 198 m²
Ownership: Freehold
Style: unknown
Condition: unknown
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
18.24
Visual Appeal
9
Ownership Security
13
Location
10.2
Land & Space
5.96
Rental Demand
5.59
Payback Speed
3
STR Suitability
3
Description
Duplex apartment located in a pleasant condominium with swimming pool and gardens, just a 5-minute walk from the centre of Praia da Luz, the beach, and all amenities. In an elevated area with no buildings in front, it enjoys a splendid view over Luz Bay. Comprising an upper floor with entrance door, living/dining roo
Location
📍 37.0870°N, 8.7290°W
· Lagos, Algarve, Portugal