€ 740,332 £ 653,451 $ 882,810
The Baronesa Luxury Hotel Apartments occupies a former palace in Santa Catarina, in the historic center of Lisbon. Centrally located, it is walking distance to the fine restaurants, nightlife, shops and attractions that this bustling city has to offer. A short walk to the Chiado district, characterised by signature cafes, art schools, theatres and museums.
The building features twenty five apartments over four floors with three underground parking levels. The facilities include spa, gym and outdoor heated swimming pool.
The apartments will have a contemporary look, using both modern and classic portuguese materials, keeping the original features of the Palace.
The rental structure ensures a protected investment opportunity for buyers looking to take advantage of a string market in Lisbon, in an area that is expected to show excellent capital growth over the next years. Buyers who choose to enter the rental scheme will enjoy a three year rental guarantee of 4% gross. After the three year guarantee period, the arrangement reverts to a 45% share of the room revenues, with the management company who cover for the costs of security and staffinh, utilities, building and business insurance, maintenance, cleaning and laundry. The furniture pack is offered to buyers who choose the rental guarantee option.
A turn key investment, the Hotel Apartments will be fully furnished on completion.
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Lisbon, Lisbon & Lisbon Coast
Built in: 2018
125m2 build size
€ 5,923 £ 5,227 $ 7,062 / m2 build
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