Grade Bapartmentunknown
T2 flat in Praia da Luz, Luz
Lagos · Western Algarve ·
€440,000
Asking Price (EUR)
7.4%
Gross Yield
4.8%
Net Yield (Owner)
3.4%
Net Yield (Managed)
51%
Occupancy
Projected Gross Revenue: €35,344/yr
Average Daily Rate: €191
Payback Period: 20.7 years
5-yr Capital Value: €578,153
10-yr Capital Value: €703,412
Brixfox Score: 62.2 / 100
Comparable Properties: 85
Data Confidence: 94%
Search Radius: 2 km
Bedrooms: 2
Building: 187 m²
Ownership: Freehold
Style: unknown
Condition: unknown
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
15.22
Visual Appeal
9
Ownership Security
13
Location
10.2
Land & Space
5.74
Rental Demand
5.07
Payback Speed
1
STR Suitability
3
Description
Excellent south facing, 2 bedroom, 2 bathroom ground floor, semi-detached apartment set within one of the two blocks overlooking the pools and paddle courts of Waterside Gardens situated in the very centre of Praia da Luz, with just a 5 minute walk to the excellent beach and pedestrianised promenade. Entrance to the p
Location
📍 37.0870°N, 8.7290°W
· Lagos, Algarve, Portugal