Apartments in a 5-star hotel complex with guaranteed rent

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Portugal, Algarve
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173 m² — 196 m²
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1—2 Bedrooms
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1—2 Baths
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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
pt-flag

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

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

5%

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 category

New

Object stage

Construction

Permits

Yes

Object completion date

December 2023

Design features

Ownership

Characteristics

Total area

173 m² — 196 m²

Number of storeys

4

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
TV

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