Apartments in an elite complex in Cascais.
The owners of these residences, fully equipped and furnished to the highest quality standards, have the opportunity to take advantage of all the services of the hotel and resort. These services include daily cleaning and towel change, maintenance, use of the pools, SPA & Health Club, etc. They also have a range of discounts and special rates on many of the other services provided by the resort.
All apartments have private storage rooms and access to covered parking.
Estimated annual costs:
- Condominium: from 3500 to 4000 euros per year
- Payment for electricity, water and gas: 3000 euros per year depending on personal usage
- Annual property tax: 1,500/ 2,000 euros
- Insurance: 1000 euros
The investor obtains a Portuguese residence permit by purchase of real estate worth at least €500,000. Our team at Tranio will help to make a deal remotely, collect a set of documents, and make an application.
The apartment includes a living room, kitchen, 3 bedrooms, a terrace of 45 m², a private garden of 257 m².
These apartments can be rented out through the management team (45% income to the company and 55% to the owner) without guaranteed income, but with the right of personal use for a total of 12 weeks: 2 weeks in July/ August; 4 weeks in May/ June/ September/ October; 6 weeks from November to April.
There is also the possibility of a fixed annual income of 60,000 euros, but without the right of personal use by the owner. This method does not allow any use on the part of the owner during the 5-year agreement, and he will be responsible for paying his tenant's expenses (condominium, resort fee, insurance, IMI and taxes).
Location and nearby infrastructure
The complex is ideally located in a beautiful and quiet area in the resort town of Cascais, 2 km from the sea and 21 km from Serra de Sintra, 33 km from Lisbon.