$891,410

Cascais Apartamentos

  • 1 Baths
  • 754 Sqft
  • 969 Sqft lot
  • Updated: Yesterday

About the Property

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

T1 apartment, for investment only with guaranteed income, located in Cascais, in Quinta da Marinha, one of the most exclusive private condominiums in the country, with 24-hour security, access control, concierge services, spa, swimming pools, playground, and two restaurants, including Yakuza By Olivier.

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

T1 apartment, for investment only with guaranteed income, located in Cascais, in Quinta da Marinha, one of the most exclusive private condominiums in the country, with 24-hour security, access control, concierge services, spa, swimming pools, playground, and two restaurants, including Yakuza By Olivier.

Excellent location, close to all daily conveniences, a 3-minute walk from Quinta da Marinha Racket Club which offers two heated indoor pools, one of Olympic size, tennis courts, padel, 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 72.70m2 interior area
- 16.94m2 private terrace
- Total of 89.64m2
- Good natural light
- Unobstructed views
- Modern, high-quality, and comfortable finishes

Layout:

- Entrance hall
- Living room with direct access to the terrace
- Fully equipped kitchen
- One bedroom with wardrobe
- Full bathroom

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

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

Investment Model:

- Revenue distribution by unit area
- Minimum guaranteed return – 2 options:
a) 5% per year until July 2029
b) 3% per year after July 2029
- 15-year Tourist Management Contract
- Net return on investment before taxes
- Management, service, maintenance fees, insurance, and reserve fund included in operating expenses
- Owner use – 4+8 weeks per year – limited to a maximum of one week in July/August and December/January

Note: As this is a full ownership purchase, at the end of the Tourist Management contract (after 15 years, in 2041), owners may occupy the unit.
  • Property type

    Apartment

  • Year built

    2008

  • Price/sqft

    $1,183

  • Consumption

    B

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People & Homes
Portugal
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36
Listings
2022
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People & Homes
Cascais, Portugal
View agency profile
Last updated
Yesterday
First listed
Aug 26
Listing reference
74135
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