Income Generating 2 bed Townhouse Comporta (Grândola, Setubal, PT - 7570) Built

€690,000

Living Portugal Property

ronald wayne ronald wayne +351 92 777 1776 (Cell) Request More Info

  • Type: Residential
  • Style: 2 Storey
  • Bedrooms: 2
  • Bathrooms: 3
  • Size: 195 sq. m.
  • Development Level: Built
  • Year Built: 2019

Description

Income Generating 2 bed Townhouse
Carvalhal, 7570, Comporta

Property 195 sq.m.
Two-storey townhouse

Part of a luxury hotel at the heart of Comporta in the village of Carvalhal overlooking the rice fields and the dunes.
Living room with fireplace, dining room with terrace, fully equipped kitchen and a social toilet.
The townhouse has two suites, one with an outdoor shower on the balcony.
Covered parking for one car.

Hotel Management, Operations & Rental Returns
This Wellness Boutique Resort is a member of The Small Luxury Hotels Collection.
Each property is registered with a Touristic License rather than Residential.
The owners are obliged to place their Town House in the rental pool for a 10 year period

Benefits:
The Townhouse will be fully furnished at no additional cost to the Owner. The furniture will be owned by the Hotel Management Company.
The Owners will be able to use their Town House during the High season for 2 weeks per year.
If the Owners do not use the 14 nights they receive 40% of the estimated hosting value.

What’s included?
Annual Condominium Fee: 4.800€
Hotel service for a maximum of 14 nights per year
Daily Cleaning
Room Amenities
Breakfast in the Hotel
Use of the Resort's Facilities
10% discount off the Spa Menu
Priority reservations for Restaurant and Spa Reception & Concierge Services
Liability insurance for the Condominium, Fees and Taxes
Cleaning of Common Areas and garbage removal Video surveillance
Common area lighting
Pool and garden maintenance
Furniture

Investment €690.000
Gross Income 4% €27.600
Net Income €22.800
3 year guarantee @ 4% gross
After 3 years, guarantee 2% gross

Asking Price €690.000

Attachments

P2#320103711
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