Grade Bapartment
T2 flat in Pedra Alçada, Lagos Cidade, Lagos
Lagos · Western Algarve ·
€580,000
Asking Price (EUR)
8.2%
Gross Yield
5.4%
Net Yield (Owner)
3.7%
Net Yield (Managed)
45%
Occupancy
Projected Gross Revenue: €52,534/yr
Average Daily Rate: €323
Payback Period: 18.7 years
5-yr Capital Value: €775,251
10-yr Capital Value: €943,212
Brixfox Score: 63.4 / 100
Comparable Properties: 72
Data Confidence: 91%
Search Radius: 2 km
Bedrooms: 2
Building: 143 m²
Ownership: Freehold
AL Licence Status Unconfirmed
AL licence status unconfirmed — verify before purchase
Score Breakdown
ROI
16.02
Visual Appeal
9
Ownership Security
13
Location
10.44
Land & Space
5.52
Rental Demand
4.46
Payback Speed
2
STR Suitability
3
Description
This new apartment complex built in a traditional Portuguese style combined with modern and clean interior design is perfectly located close to all amenities and beaches in the city. The 2 bedroom apartment consists of an open plan living area, fully equipped kitchen with high standard appliances and quality finishes
Location
📍 37.1028°N, 8.6731°W
· Lagos, Algarve, Portugal