Apartment in Lisbon

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Apartment in Lisbon

69

€ 1,150,000 For Sale

SF061_A
Lisbon
Lisboa

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Description

Development Hyatt Regency Lisboa Residences Apartment T1 fully equipped and decorated in front of the Tagus River.

Project: Location Junqueira Belém, Lisbon. The project is located in the west of the Portuguese capital. It is the noblest area of Lisbon, riverside front and surrounded by some of the most emblematic and historical monuments of the country, along with some of the most important museums in Lisbon

Summary: 108 luxury tourist apartments, of which 97 in commercialization designed with a modern modular concept that, together with 34 individual hotel rooms, can reach a maximum of 204 keys, unfolding according to the needs of the Tourist Operation. Management with the hyatt regency flag, part of Hyatt International Corporation, one of the most respected luxury chains in the 5-Star segment worldwide, in what will be its first hotel unit in Portugal. The complex also includes the multi-award winning Serenity SPA, restaurants, conference areas and meetings.

Estimated completion date of final construction 2021

Investment model tourist Exploration Contract administered under the Hyatt Regency brand for a period of 20 years, renewable for periods of 5 years Minimum guaranteed return
A) 3% during the first 10 years
B) 5% during the first 5 years
Use of Owner 4 weeks per year
Maximum use restriction of 1 week in July/August and December/January
Acquisition type Full Property

The distribution of profitability is calculated on a daily basis on the accommodation revenue of all units, after deducting operating expenses, and distributed according to the coefficient of each unit in the Pool. The coefficient of each unit is determined by the permilagem corresponding to the area of each fraction in the universe of the units in tourist exploration. The management company prepares and provides monthly reports with information on revenue, expenses and distribution of net profitability per unit, as well as annual statements audited by independent entities for distribution to their owners.
Virtual Visit: (url hidden)
Energy Rating: A
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Property Info

  • Property Type Apartment
  • Sale or Rent For Sale
  • Price € 1,150,000
  • Year Built -
  • District Lisbon
  • Municipality Lisbon
  • Bedrooms 1
  • Bathrooms 1
  • Loft No
  • Garage Yes
  • Plot Area -
  • Habitable Area -
  • Energy Rating A

Amenities

  • garden
  • terrace
  • garage
  • communal pool
  • fitted wardrobes
  • close to river
  • gymnasium
  • historic area
  • balcony

Points of Interest

    This property has no Points of Interest defined.
SeeFirst Portugal Real Estate
Real Estate Agent AMI: 18499
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