Other Considerations
Return to Search Results View Previous PropertyView Next Property

Luxury apartments with uninterrupted sea views- 5- guaranteed rental and resort revenue... [ SOLD ]

 Region: Lisbon

 Price: EUR € 215 706

 Bedrooms: 0

 Property Type: Apartment

 Development State:

 
Description:
Luxury apartments with uninterrupted sea views, 5% guaranteed rental and resort revenue share. Ideally situated on Portugals Blue Coast, only 30 minutes from Lisbon.  Built on a descending hillside, all apartments are south facing with stunning panoramic views of the entire bay and the beautiful fishing village of Sesimbra below. The development focal point will be a five star spa centre, complemented by other on site facilities including a bar and restaurant. All apartments at Sesimbra Bay will be managed by an International Hotel Management group. Owners can sign up with the management company for a 6 year period during which time they benefit from income and 6 weeks use of the property per year.  Each owner becomes a shareholder of ALL onsite facilities and all revenues generated such as sales from the bar/restaurant etc. Essentially, owners become part of the hotel management company. As such they have access to the bank statements of the management company and online

E-mail a friend
Bookmark