SottoMayor Investment – Rental Income Guaranteed LISBON

SottoMayor Investment – Rental Income Guaranteed LISBON
For Sale From €500.000  -
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Detail
  • Bedrooms 1
  • Bathrooms
  • Garages  
  • Price From €500.000  -
  • Area 595 square feet 
  • Status For Sale
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Description

LOCATED IN THE HEART OF LISBON NEXT TO MARQUÊS DE POMBAL AND AVENIDA DA LIBERDADE.

Rental Guarantee

SottoMayor 119 has a range of 1 bedroom apartments from 595 square feet, all with underground parking. All the apartments are facing either historic Lisbon, or the gardens and swimming pool of the development.

All the apartments have a living room, fully equipped kitchen, bedroom and bathroom, and they will be sold fully equipped and furnished for holiday rentals with unconditional use of the common area, gardens and swimming pool.

All the apartments will be inserted in a rental program for a period of 4 years which will guarantee a return on investment of 3% per year calculated on the sale price of the property.

The apartments are specifically prepared for investors seeking an excellent guaranteed return on investment for years to come as well as being the perfect purchase for non EU nationals wishing to take advantage of Portugal’s hugely successful Golden Residency Permit.

All of the apartments will be looked after and managed by Lisbon Best Apartments. Owners will not be responsible for any costs associated with the apartments with the exception of annual municipal tax per year. All other costs will be covered by the management company including utility bills, insurance, furniture replacement, management fees and condominium costs.

LISBON

Situated between the seven hills that lead to the great Tagus River, Lisbon is one of the most beautiful cities in the world.

With its own natural light, this city conveys a cosy feeling, which encourages you to explore and discover its charms. Lisbon invites you to enjoy its mild weather with more than 250 days of sunshine per year.

It has a vibrant cultural program and its many centuries of cosmopolitan heritage gets more dynamic every day. Shows, exhibitions and museums are just some of the cultural events on offer.

 
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