Boa Vista, Cape Verde
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
1,367 sq ft
127 sq m
Key features
- Fixed Price in Euros is 300.000euros
- Prime Location - Situated in Sal Rei, just 5 minutes from Estoril Beach.
- Exclusive Presidential Suite - Located on the 5th floor of the prestigious White Hotel.
- Private Terrace with Hydro-Massage Pool - 66 sqm of outdoor relaxation space.
- Sophisticated Design - Large meeting room, elegant master suite, and luxurious bathroom.
- Full Amenities - On-site restaurant, bar, rooftop pool with solarium, gym, and massage center.
- Secure Investment - Condo Hotel model with a guaranteed 5% annual return.
- Professional Management - Full hotel administration with no maintenance costs for the owner.
- Private Use - Owners can enjoy their suite for 30 days per year.
- Spacious Area - 127.6 sqm total, including a stunning terrace.
Description
Sal Rei - We are selling a presidential suite located on the fifth floor of the prestigious White Hotel, only 5 minutes from Estoril beach. This property is perfect for those seeking a unique property that combines sophistication, comfort and functionality with a secure and lasting investment.
The suite covers 127.6 sqm (of which 66 sqm is a terrace with a hydro-massage pool). The living area consists of a large meeting room, a spacious and elegant bathroom and a master bedroom equipped with every comfort.
On the ground floor there is a restaurant and bar and on the third floor a swimming pool with solarium, bar and a gym with massage centre.
The Condo Hotel formula (very popular in Anglo-Saxon countries) envisages that the suites are sold by notarised deed to the individual owners, who undertake at the same time to rent them back to the hotel manager for 10 years in exchange for a net return of 5% per annum on what has been invested for the entire period.
The return is guaranteed by a bank guarantee from a leading institution. The owner can use his suite for 2 periods of 15 days each per year. In addition, all routine maintenance and administration costs are borne by the manager.
For further details or to arrange a visit to the property, without obligation, please contact us. We are also available for viewings on Saturdays by appointment.
Boa Vista, Cape Verde
Notes
This is a property advertisement provided and maintained by Terra Mediaçao Imobiliaria, Terra Mediacao Imobiliaria (reference CDG01) 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.