Lisbon, Lisbon, Portugal
- PROPERTY TYPE
Apartment
- BEDROOMS
3
- BATHROOMS
3
- SIZE
2,002 sq ft
186 sq m
Key features
- Bedrooms: 3
Description
Luxury apartments with modern design in a prime location with breathtaking views of the Tagus River. An ideal location where you can enjoy the historical, cultural and gastronomic delights of Lisbon.
The hotel will have direct pedestrian access from the river through the bridge.
Lisbon Residences consist of fully furnished studios and three-bedroom apartments, each with a large balcony overlooking the Tagus River. The complex has a rooftop restaurant and bar with great views.
The complex include a spa, fitness center, conference rooms and parking.
Managed by one of the world's largest hotel brands, the new Lisbon Residences include 108 luxurious riverfront apartments.
The apartments are located near the center of Lisbon. Lisbon Residences offers you a guaranteed return on investment.
By becoming the owner of one of the luxurious and exclusive apartments in the new The Residences at Regency Lisbon, you will have the following conditions:
Compulsory tourist exploitation contract for 20 years with a guaranteed minimum yield of 3% for the first 10 years OR 5% for 5 years. All apartments are located in the rental pool and rented out for tourism. Tourism expenses are not included in the gross revenue received.
After deducting the expenses, the generated amount will be distributed to all owners in accordance with the area of the apartment, while the apartment is not used for their own residence and / or family and friends. That is, as long as the property is available in the rental pool, the owner will be entitled to their share of the income minus costs with all the hotel's services and amenities such as cleaning, room service, etc., but from the comfort of your home.
Subsequently, the owner's expenses will be deducted, namely: condominium, insurance and reserve funds (5% of gross proceeds). If the amount received after expenses is below the guaranteed minimum, the company will pay the difference, if the value is higher than the guaranteed minimum, the owner will receive the real value.
The owner is also entitled to use 4 weeks a year with a limit of 1 week in December and January and 1 week in July and August.
The expected value for the owner's annual expenses:
Condo / Insurance:
T1 - 1200 € / 365 €
T2 - 1700 € / 512 €
T3 - € 3250 / 975 €
Energy Rating: A
#ref:0060/21 (4)
Lisbon, Lisbon, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Lisbon(International)5.8 miles
Advice on buying Portuguese property
Learn everything you need to know to successfully find and buy a property in Portugal.
About the agent
Amber Star Real Estate, Vila Nova De Gaia
Avenida Gil Vicente 583 loja 4 Vila Nova de Gaia Portugal
Amber Star Real Estate, is based in Vila Nova de Gaia since 2008, with a sustained and successful growth, which currently has 3 offices, Lisbon, Porto and Vilamoura.
We have in our portfolio several opportunities in the real estate market, which come from construction companies, private owners, bank entities or investment funds, as well as from commercial partnerships. To assist our clients in acquiring the best opportunities available in the market, we also have partnership agreements
Notes
This is a property advertisement provided and maintained by Amber Star Real Estate, Vila Nova De Gaia (reference 269828_20586165) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.