Properties from €350k

About

The luxury serviced apartments will be located in the grounds of a five-star hotel overlooking the sea in a popular town in the Algarve region. Located just under an hour from Faro International Airport, it is a buzzling tourist town with beautiful beaches, Medieval castles and an energetic nightlife. It is also one of the top destinations for families in Portugal.

Property

70 fully furnished apartments with modern architecture set within a luxury resort, enjoy all the services of a the five-star hotel within the resort. The developers are giving owners the possibility of obtaining the rental income. The apartments enjoy a panoramic view over the Atlantic Ocean. Facilities within the resort include outdoor and indoor swimming pools, children’s playground reception, spa, gym and kid’s club.

T1 – from 325.000 to 405.000€
Medium interior areas: 63m2 + balconies around 19m2
T1+ – from 390.000€ to 525.000€
Medium interior areas: 84m2 + balconies around 19m2
T2 – from 390.000€ to 450.000€
Medium interior areas: 84m2 + balconies around 19m2
T2+ – from 565.000€ to 695.000€
Medium interior areas: 117m2 + balconies around 29m2
T3 – from 555.000€ to 590.000€
Medium interior areas: 117m2 + balconies around 29m2

Developer

Large Developer with over 30 years experience in the Portuguese hospitality market. Currently, they manage 6 hotels in Portugal.

Return

60% of rentals to the investor*, 40% to the management.
*Estimated projections at 8% per annum

Exit Strategy

Freehold, sell after 5 years.

About

The 4-star hotel will be located near Lisbon International Airport close to Parque das Nacoes, one of the city’s fastest growing areas, with a wide array of services and facilities both for families and businesses.

Management

Managed under the brand Sheraton, part of Marriott International under a 20 year agreement.

Return

The developer is offering a return rate of 3% per annum.

About

The new development will be located right in the beach (voted best beach on Tripadvisor) close to the popular old town of Lagos in the Algarve. Known for its walled town, cliffs and Atlantic beaches, Lagos is one of the most popular destinations in the Algarve.

Return

The developer is offering a minimum 7% return per annum, to a maximum of 10% depending on occupancy levels.