Share in a 4-star hotel under management of a well-known global brand
Apartments in a 5-star hotel complex with guaranteed rent
|Selling price||609 200 € - 1 336 100 €|
|Cost m²||4 242 € - 3 626 €|
|Purchase taxes||IMT 6-8%; IMI 0,3-0,8%|
Profitability and management
|Real estate yield (year)||5%|
Assistance in the sale of the object upon exiting the investment!
The project is represented by luxurious residences in a 5-star hotel complex located in the small town of Loule in the heart of the Algarve. The A22 motorway with links to Lisbon or Spain is a 10-minute drive away. The beaches can be reached in 20 minutes. The Residences are 65 1- and 2- bedroom apartments spread across 18 buildings in the main village. The highest quality finishes with stone and wood elements are combined with stunning views.
Each room is fully furnished (set price of €55,350 for the 1-bedroom apartment and €79,950 for the 2-bedroom apartment included in the apartment price) and equipped, including designed kitchens, living rooms, bedrooms, bathrooms and terraces. Residences have private pools and jacuzzis.
The owner is given the opportunity to stay at the hotel for 10 weeks a year (in different seasons). Minimum guaranteed rent is 5% per year for 5 years, paid 2 times a year.
- Smart climate control based on geothermal technology with floor heating in all bathrooms
- Smart LED lighting throughout the home
- Fully equipped kitchen
- TV with access to international channels and high-speed Internet access
- Underground parking for 40 cars with access to charging for electric vehicles
- Landscape gardens with automated lighting and irrigation
- Fire alarm sensor
- Availability of a CCTV camera system for public areas
- Security service 24/7
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