Apartments in a 5-star hotel complex with guaranteed rent

Portugal, Algarve

ID PRT54321

Apartments in a 5-star hotel complex with guaranteed rent 1

Apartments in a 5-star hotel complex with guaranteed rent 2

Apartments in a 5-star hotel complex with guaranteed rent 3

Apartments in a 5-star hotel complex with guaranteed rent 4

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Apartments in a 5-star hotel complex with guaranteed rent 8

Apartments in a 5-star hotel complex with guaranteed rent 9

Apartments in a 5-star hotel complex with guaranteed rent 10

Apartments in a 5-star hotel complex with guaranteed rent 11

Apartments in a 5-star hotel complex with guaranteed rent 12

Apartments in a 5-star hotel complex with guaranteed rent 13

Apartments in a 5-star hotel complex with guaranteed rent 14

Apartments in a 5-star hotel complex with guaranteed rent 15

Apartments in a 5-star hotel complex with guaranteed rent 16

Apartments in a 5-star hotel complex with guaranteed rent 17

Apartments in a 5-star hotel complex with guaranteed rent 18

Apartments in a 5-star hotel complex with guaranteed rent 19

Apartments in a 5-star hotel complex with guaranteed rent 20

Portugal, Algarve

173 m² — 196 m²

1—2 Bedrooms

1—2 Baths

ID PRT54321

€600,000 — €920,000

173 m² • €3,468.21+ m²

Elena KozyrevaExpert on real estate and residency after d visas by investment in Portugal

+43 (670) 308-21-75

Portugal D7 Visa

6+ monthsNot limited

Portugal does not grant residence permits for investments in real estate under the Golden Visa program.

However, property purchase or rental is obligatory when obtaining a residence permit under a D7 visa.

Learn more

Not limited

Monthly income

6+ months

Obtaining period

Learn more

Cost

Property cost

€600,000 — €920,000

Price for m²

€3,468.21 — €4,693.88

Purchase taxes

IMT 6-8%; IMI 0,3-0,8%

State fees

0,8%

Distances

Ocean 20 km

Infrastructure 50 m

Airport 22 km

Yield and management

Yield

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

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 €61 500 for the 1-bedroom apartment and €86 100 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.

Additional characteristics:

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

Real estate

Object type

Hotel complex, Apartments

Object category

New

Object stage

Construction

Permits

Yes

Object completion date

December 2023

Design features

Ownership

Possibility of stay

10 weeks a year

Characteristics

Total area

173 m² — 196 m²

Number of storeys

Land area

Underground

Bedrooms

1—2

Baths

1—2

Parking

Yes

Renovation

Standard

Furniture

Furnished

View

Mountain, Plot

Equipment

Geothermal heating

Central conditioning

Properties

Covered deck

Open deck

Private pool

Public pool

Concierge desk

SPA

Gym

Kids club

Sauna

Garden on the plot

Security

Underfloor heating

Terrace

Solar panels

Internet

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