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Luxury Serviced Apartments in Santa Catarina

€ 740,332 £ 653,451 $ 882,810

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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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Key information

Reference: PPSS2796

Apartment

Lisbon, Lisbon & Lisbon Coast

2 bedrooms

2 bathrooms

Private ownership

Built in: 2018

125m2 build size

€ 5,923 £ 5,227 $ 7,062 / m2 build

Features

  • Pool
  • Air conditioning
  • Garden
  • Furnished
  • Heating
  • Garage
  • Underground Parking
  • Reception room
  • Terrace/Balcony
  • Covered dining area
  • Kids play area
  • Gym
  • Laundry room
  • Storage room
  • Spacious

The location: Lisbon

Not only is Lisbon Portugal’s largest and most wealthy city, but it also has the unique distinction of being Europe’s furthest western capital city. With a population of over 2.8 million in Lisbon and the surrounding area, it certainly qualifies as a large city on any scale.

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Yours sincerely,
Larisa Marin

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Ask the Expert: Currency Exchange

Sarah Monaghan is a foreign currency exchange specialist working for Smart Currency Exchange in Portugal. If you have a question relating to foreign currency exchange, complete the form below and Sarah will get back to you.

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Francisco Salgueiro is a property law expert working for Edge International Lawyers in Portugal. If you have a question relating to Portuguese property law, complete the form below and Francisco will get back to you.

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