Description complète
Sal Rei - We are selling a presidential suite located on the fifth floor of the prestigious White Hotel, only 5 minutes from Estoril beach. This property is perfect for those seeking a unique property that combines sophistication, comfort and functionality with a secure and lasting investment.
The suite covers 127.6 sqm (of which 66 sqm is a terrace with a hydro-massage pool). The living area consists of a large meeting room, a spacious and elegant bathroom and a master bedroom equipped with every comfort.
On the ground floor there is a restaurant and bar and on the third floor a swimming pool with solarium, bar and a gym with massage centre.
The Condo Hotel formula (very popular in Anglo-Saxon countries) envisages that the suites are sold by notarised deed to the individual owners, who undertake at the same time to rent them back to the hotel manager for 10 years in exchange for a net return of 5% per annum on what has been invested for the entire period.
The return is guaranteed by a bank guarantee from a leading institution. The owner can use his suite for 2 periods of 15 days each per year. In addition, all routine maintenance and administration costs are borne by the manager.
For further details or to arrange a visit to the property, without obligation, please contact us. We are also available for viewings on Saturdays by appointment.
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