€765,000

Apartment for sale CASCAIS
Property photo number 1 of 39 Photos for Property. File  105139764_1394_b7b7743db05c5618d0c48fcb039e9298.jpeg

Overview

SUMMARY: Discover an opportunity with this CASCAIS apartment for sale and available for €765,000. This could be your next ideal home or a smart investment. More details await.

One-bedroom apartment, for investment purposes 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, children's playground and two restaurants, one of them Yakuza By Olivier. Excellently located, close to all daily amenities, a 3-minute walk from the Quinta da Marinha Racket Club which offers two heated indoor swimming pools, one of them Olympic-sized, tennis courts, padel courts, gym and spa, equestrian center, and only a 5-minute drive from the center of Cascais and the beaches, the two golf courses Oitavos and Quinta da Marinha and the Cascais Marina. Property Features: 1-bedroom apartment with 72.70m2 of internal area, 16.94m2 of private terrace and a total of 89.64m2, good natural light, panoramic views and modern finishes of quality and comfort. Entrance hall, living room with direct access to the terrace, fully equipped kitchen, and a bedroom with wardrobe and 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 • Guaranteed Minimum Return – 2 Options a) 5% per year in the first years (until July 2029) b) 3% per year, after July 2029 • Tourist Management Contract – 15 Years • Net Return on Investment before Taxes • Management, service and maintenance fees, Insurance and Reserve Fund included in operating expenses. • Owner use – 4+8 weeks per year – Restriction to a maximum of one week in July/ August and December and January Note. Since this is a purchase of full ownership, at the end of the Tourism Management contract (after 15 years, in the year 2041), the owners can live in the unit.

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Details

  • Beds: 1
  • Baths: 1
  • Price: €765,000
  • Reference No.: PHJM535
  • Area: 70 m2
  • Year Built: 2008

Location

Marketed by:

  • People & Homes
  • Av. Biarritz
  • Cascais, Monte Estoril
  • +351969328633
  • www.peopleandhomes.pt
  • 969328633
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