T3 flat in Pedra Alçada, Lagos Cidade, Lagos
Grade Bapartmentunknown

T3 flat in Pedra Alçada, Lagos Cidade, Lagos

Lagos · Western Algarve ·

€590,000

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: 3
Building: 176
Ownership: Freehold
Style: unknown
Condition: unknown

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 built apartment complex in traditional Portuguese style combined with clean modern interior design is perfectly located close to all amenities and city beaches. The 3 bedroom apartment on the top floor consists of an open plan living area, fully fitted kitchen equipped with high standard appliances and quali

Location

📍 37.1028°N, 8.6731°W

· Lagos, Algarve, Portugal

T3 flat in Pedra Alçada, Lagos Cidade, Lagos
Grade Bapartmentunknown

T3 flat in Pedra Alçada, Lagos Cidade, Lagos

Lagos · Western Algarve ·

€590,000

Asking Price (EUR)

8.2%

Gross Yield

5.4%

Net Yield (Owner)

3.7%

Net Yield (Managed)

45%

Occupancy

Gross Revenue: €52,534/yr
Avg Daily Rate: €323
Payback: 18.7 years
5-yr Capital Value: €775,251
10-yr Capital Value: €943,212
Brixfox Score: 63.4 / 100

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

Property Details

Bedrooms: 3
Building: 176
Ownership: Freehold
Style: unknown
Condition: unknown

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Description

This new built apartment complex in traditional Portuguese style combined with clean modern interior design is perfectly located close to all amenities and city beaches. The 3 bedroom apartment on the top floor consists of an open plan living area, fully fitted kitchen equipped with high standard appliances and quali

Location & Airbnb Comparables

37.1028°N, 8.6731°W
· Lagos, Algarve
72
Comps Used
394
Avg Daily Rate
46%
Avg Occupancy
€66,051
Est. Revenue/yr

Based on 72 Airbnb comparables within 2 km. Confidence: 91%. Individual comp listings will appear here as live data collection expands.

Comps Used: 72
Confidence: 91%
Radius: 2 km