Investment 73 m² in Lisbon, Portugal
Portugal, Lisbon
Archive cost €770,000
Sold or out of date
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Updated at: 24/09/2024
Location
Country: Portugal
State: Centro
Region: West
City: Lisbon
Property parameters
Total area:
73 m²
Description
The project is located in the western district of the Portuguese capital. This is the noblest area of Lisbon, located on the banks of the river and surrounded by some of the most iconic and historical monuments of the country, as well as the important museums of Lisbon.
* 108 tourist luxury apartments, of which 97 are for sale, designed in a modern modular concept, this together with 34 single hotel rooms can reach a maximum of 204 hotel keys.
• Will be operated under a well-known brand
* The project also includes the award-winning Serenity SPA, restaurants, and conference facilities.
• All apartments, from 1 to 3 bedrooms, are fully furnished and equipped to a
high standard
➢ 1 Bedroom (73 m2 + 18 m2) - From 770.000€ to 920.000€
➢ 2 bedrooms (112 m2 + 24 m2) - From 930.000€ to 1.150.000€
➢ 3 Bedrooms (182 m2 + 64 m2) - 2,500,000€
COMPLETION DATE AND OPENING DATE
December 2021
INVESTMENT MODEL
• The contract for tourist study for a period of 20 years
* Minimum guaranteed return on investment
a) 5% in the first five years
b) 3% in the first ten years
* Owners use their property for up to 4 weeks a year, with a maximum
usage limit of 1 week in July/August and December/January.
The distribution of revenue generated is calculated daily among all owners who have their own unit available for rent each day, according to the area and coefficient of each unit in the global rental pool population. The management company prepares and provides monthly reports with information on income, expenses and distribution of net profit per unit of production, as well as annual reports, verified by independent organizations, for distribution to its owners.
Location
Portugal, Lisbon
