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Apartment with 3 bedrooms with a terrace and parking space. Luxury apartment with modern design in a great location with breathtaking views of the Tagus River. An ideal location where you can enjoy the historical, cultural and gastronomic delights of Lisbon. Lisbon Residences consists of fully furnished one, two and three bedroom apartments, each with a large balcony and a view of the Tagus River. The complex has a rooftop restaurant and a bar with magnificent views. The buildings have a spa, fitness center, conference rooms and parking. The new apartments, operated by one of the largest hotel brands, include 108 luxury riverfront apartments. The hotel offers guaranteed return on investment. When you become the owner of one of the luxury and exclusive apartments in new residences, you will receive the following conditions: The apartment is located near the center of Lisbon and offers you a contract of compulsory tourist operation for 20 years with a guaranteed minimum yield of 3% for the first 10 years and the right to use 4 weeks a year with a restriction of 1 week in December and January and 1 week in July and August. Tourism expenditures are not included in gross income received. After deduction of expenses, the amount received will be distributed among all owners according to the area of the apartment, if the apartment is not used for their own residence and / or family and friends. That is, as long as the property is in the rental pool, the owner will be entitled to his share of the income minus the costs of all hotel services and amenities such as cleaning, room maintenance, etc. Subsequently, the owner’s expenses will be deducted: condominium, insurance and reserve funds (5% of the total). If the amount received after expenses is below the guaranteed minimum, the company will pay the difference, if the amount is above the guaranteed minimum, the owner will receive the actual amount. Expected annual expenses of the owner: T1 -Insurance-1200 € /Condominium-365 €T2 -Insurance-1700 € /Condominium-512 €T3 -Insurance-3250 €/ Condominium-975 €Apartments located : 7 km from Praça de Comércio 12 km from the airport 2.3 km from Belém Railway Station 950 m walk from Torre de BelémB 5.9 km from Praia da Cruz Quebrada Beach
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Portugal, Lisbon
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