Luxury aparthotel apartment to invest (buy to let)
Property description
This is an investment opportunity in a one bedroom brand new apartment within a especially well located resort in Praia das Maçãs (apple beach) in Colares, Sintra. The project is an aparthotel with 110 apartments - featuring studios and one-bedroom apartments.
Two buildings work as an aparthotel, and one building in the middle offers social and leisure areas, including a restaurant with a healthy and local food concept, a corporate events room for 50 people, a gym, a Spa, outdoor and indoor swimming pools, and private parking spaces for each unit. Investors will be investing in freehold units with title deeds and a rental contract with a legal entity experienced and licensed in hospitality management. Investors will be giving their apartments for management to Waya Hotel Group (Buy-to-Let).
All apartments are fully-managed, allowing investors to enjoy the financial benefits of this unique property. There is no legal restriction on foreign ownership of property in Portugal. Investors can purchase individually or through corporate structures. "Buy to Let" is a well-established and safe investment concept where property owner shave full ownership of the units, leaving the management to an experienced hospitality team that will generate them income through rentals (investors can use the units 14 days a year without any cost). This investment opportunity expects to generate rental income to investors superior to 6% (from 5 to 7% per annum) and a capital appreciation on the property of more than 20 to 30% from the selling price.
Property
details
Agent
ya@cbvilla.pt
Agent