Income Generating 3 bed Villa Comporta (Grândola, Setubal, PT - 7570) Built

€1,500,000

Living Portugal Property

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

  • Type: Residential
  • Style: 2 Storey
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 239 sq. m.
  • Development Level: Built
  • Suite: Yes
  • Year Built: 2019

Description

Income Generating 3 bed Villa
Carvalhal, 7570, Comporta

Property 239 sq.m.
Two-storey villa

Part of a luxury hotel at the heart of Comporta in the village of Carvalhal overlooking the paddy fields and the dunes.
Living and dining room with access to the deck and pool, fully equipped kitchen and two suites. The upstairs consists of a master suite.

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 Villa in the rental pool for a 10 year period

Benefits:
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 Villa 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: €7.200
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 €1.500.000
Gross Income 4% €60.000
Net Income €52.800
3 year guarantee @ 4% gross
After 3 years, guarantee 2% gross

Asking Price €1.500.000

Attachments

P2#320105315
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The information we receive is provided to us by our client's in good faith. All details are therefore deemed to be correct but are not guaranteed.