Apartments in a hotel managed by Hyatt

Portugal, Lisbon

ID PRT54144

Apartments in a hotel managed by Hyatt 1

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Portugal, Lisbon

88 m² — 251 m²

3 Bedrooms

3 Baths

ID PRT54144

€860,000 — €2,500,000

88 m² • €9,772.73+ 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

€860,000 — €2,500,000

Price for m²

€9,772.73 — €9,960.16

Purchase taxes

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

State fees

0,8%

Distances

Ocean 14 km

Infrastructure 200 km

Airport 13 km

Yield and management

Yield

3-5%

Property management

Yes

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

Description

The project is represented by a hotel complex managed by one of the largest hotel brands Hyatt, consisting of 108 luxury apartments on the banks of the Tagus River, not far from the center of Lisbon. The ideal location of the project will allow you to enjoy the historical, cultural and gastronomic delights of the city. The hotel will have direct pedestrian access from the river side via the bridge.

There are luxurious apartments with modern design with breathtaking views of the river. The residences consist of fully furnished studios and 2 and 3 bedroom apartments, each with a large balcony overlooking the river. The hotel has a rooftop restaurant and bar with great views, spa, fitness center, meeting rooms and parking.

Investment model:

Property management by Hyatt Regency brand for 20 years
Minimum guaranteed return on investment a) 3% in the first 10 years b) 5% in the first 5 years (not available for 3 bedroom apartments and all 3 floor units) guaranteed
Owners use their property for up to 4 weeks per year with a limited usage to a maximum of 1 week in July/August and a maximum of 1 week in December/January

By purchasing real estate in freehold, the investor receives it in full. He enters into a binding lease for 20 years. During these 20 years, the owner has 4 weeks to stay in a year, the rest of the time the object is placed in the rental pool. The distribution of income is calculated among all owners according to the area of each apartment in the global rental pool population (even if your own apartment is not rented out, you will receive income).

Income and expenses: Net revenue is calculated as follows - gross revenue minus all expenses, including: - Operating expenses and management fees - Condominium Fees - Reserve fund - Insurance

All income and expenses are collected and paid by the management company. The management company prepares monthly reports for owners with a detailed breakdown of income, expenses and net distribution per owner.