Appartamenti Cascais

Note: Partnerships are not possible for this property. Thank you!

T1 apartment, for investment only, with a guaranteed income of €33,000 per year, managed by a reputable and reliable company specialized in the tourism sector.

Located in the Sheraton Cascais Resort in Quinta da Marinha, one of the most exclusive and private condominiums in the country, with 24-hour security, access control, concierge services, spa, pool with bar, large green spaces, playground, and two restaurants, including Yakuza By Olivier.

Excellent location, close to all daily amenities, a 3-minute walk from Quinta da Marinha Racket Club, which offers two heated indoor pools (one Olympic-sized), tennis courts, padel, a large gym and spa, equestrian center, and just a 5-minute drive from Cascais center and beaches, the two golf courses Oitavos and Quinta da Marinha, and Cascais Marina.

Property features:

- T1 apartment with 72.70 m² interior area, 16.94 m² private terrace, and 89.64 m² total area
- Good natural light
- Modern, high-quality finishes, comfort, and security

Property details:

- Entrance hall
- Living room with direct access to the terrace
- Fully equipped kitchen
- Bedroom (suite type) with wardrobes
- Full bathroom

Equipment:

- Air conditioning (hot and cold)
- Home automation
- Central vacuum system
- Aluminum window frames
- Double glazing
- Power generator

The apartment is sold furnished, with elegant decoration and fully equipped.

Investment Model:

• Revenue distribution by unit area
• Guaranteed income of approximately €33,000 per year
• 15-year Tourism Management Contract
• Net return on investment before taxes
• Monthly management costs, including services, maintenance, insurance, and reserve fund, are included in operating expenses.
• Owners may use the property for 90 days per year, with a maximum of one week in July/August and December/January. Regardless of these restrictions, owners have full access to all hotel facilities 365 days a year.

Note: As this is a full ownership purchase, at the end of the Tourism Management contract, after 15 years in 2041, owners may live in the unit full-time without any restrictions.