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1 Bed Apartment for sale

Alcácer do Sal, Setúbal, Portugal

£239,952 *  [€280,000]

1 Bed Apartment for sale

Alcácer do Sal, Setúbal, Portugal

£239,952 *  [€280,000]

Property Details


  • Bedrooms: 1
  • Bathrooms: 1

Features


  • Pool
  • Double Glass
  • Garden
  • Energy performance certificate – B-
  • Shared Pool

Full Description


In Alcácer do Sal, a hotel with 110 apartments is under construction.
Invest in one of these units. You can also enjoy 7 days of stay per year.
Total profitability guarantee of €30,000 for the initial 6 years.
Yield paid upon acquisition of the investment.
Optional buyback offer, after 6 years, for 100% of the purchase price.
The investor can also benefit from the reduction of some costs, which will be assumed by the builder:
IMT (6.5% of the purchase price).
VAT (23% on construction materials).
IMI (exemption during the construction period).
Lawyer fees for the Golden Visa process.
The total amount of costs and taxes assumed by the promoter is estimated at around €30,000.
The development is located in the historic area of Alcácer do Sal, on the banks of the Sado River, on the fantastic Alentejo coast, about 25 minutes away from the emblematic Praia da Comporta and 45 minutes from Lisbon Airport.
The Hotel will be 4 stars and will have a modern design, restaurant, bar, rooftop bar and extensive conference facilities.
The Hotel will also have private parking spaces for more than 50 cars.
Construction started in the 3rd quarter of 2019 and is expected to be completed in the 1st quarter of 2024.
Energy Rating: B-
#ref: BL850

Map may not show exact location

This property listing (ref: BL850) is an advertisement supplied by Pro Portugal and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.857 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.