Praca Alegria – Av Liberdade, Lisbon, Portugal, 1250-096

€350,000

Key features

  • Communal garden
  • 24 hour security
  • Swimming pool
  • Hotel/serviced apartment
  • House

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Other info

  • Council Tax Band: Ask agent
  • Lease expiry date: Ask agent
  • Lease length remaining: Ask agent

Ref no: INT230017

Hotel in co-ownership | 157 investors | The value is indicative of a min. Share.
CONSTRUCTION AREA 4100 sqm | GPA 3700 sqm | FLOORS 6

Project Scope:
Investment in a Heritage & Historical Asset
The creation of a reference and unique 5* Luxury Boutique Hotel in a Prime location in the centre of Lisbon, next to Avenida da Liberdade, targeting the luxury Market. By renovating the existing building and adapting it to a high-end Hotel product.

By renovating the XVIII Century building that will be completely refurbished to a high-end luxury detail and worked ceilings. It will have 35 suites equipped, a Restaurant, an exquisite Spa, and relaxation service.

Investment Type:
Co-Ownership Investment. Golden Visa option Min.€350k

Project Timeline
. Call for investors: Last Quarter of 2022
. Expected start of operation: 1st Quarter of 2025. The gross construction/rehabilitation was already made between 2018 and 2020.

Project Benefits for investors
· Upfront Payment of 5% of the Initial Investment per Year, of the first 5 Years.
· On the 6th year onwards, payment of a fixed fee per year. ·
. Upon sale of the Asset, between the 7th to 9th year, 50% of the Added Value from the sale is shared with the Investors, over the return of the initial investment.
· Client can book a Room for up to 2 Weeks per year, during the full program duration with Breakfast included.

Location

Alegria Square, very close to Avenida da Liberdade, where all the Luxury brands are located.

Stamp duty calculator

£

Total stamp duty

43,750 £

Please note: These estimates are provided as illustrative figures for guidance only and cover only England and Northern Ireland. Cluttons is not authorised to give financial advice; the above calculator is not intended to be financial advice and should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

Mortgage calculator

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Monthly repayments

39,924 £

These results are for a repayment mortgage and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.