Apartments in a hotel managed by Hyatt

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Portugal, Lisbon
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88 m² — 251 m²
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3 Bedrooms
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3 Baths
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ID PRT54144

from €860,000

88 m² • from €9,772.73 m²
Elena Kozyrevaexpert of the Portugal residence permit program for investment
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Portugal D7 Visa

4+ months€820+

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

€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.

Real estate

Object category

New

Object stage

Ready

Permits

Yes

Object completion date

2022

Design features

Ownership

Characteristics

Total area

88 m² — 251 m²

Number of storeys

4

Bedrooms

3

Baths

3

Parking

Yes

Renovation

Standard

Furniture

Furnished

View

City, River, Garden

Properties

Elevator
Covered deck
Public pool
Concierge desk
SPA
Gym
Roof garden
Security
Terrace
Internet
TV
Restaurant

Schedule a meeting

Let's discuss the details

We will develop an individual solution, select a country and status that will solve your problems, and accompany the entire process.

Zlata Erlach
Zlata Erlach

Head of the Austrian office

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