Apartment Sintra (Portugal) Price: $ 899,200 USD

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Surface 71 m² Bedroom 1  Bathroom 1 

One-bedroom apartment with 71 sqm located in a new Aparthotel in Praia das Maçãs.This one-bedroom apartment has a large living room of almost 30 sqm, a kitchenette, a spacious bedroom of 18 sqm and a bathroom of 9 sqm.Pleasant outdoor space of 34 sqm, accessible from the living room and bedroom, with views of the sea and the Aparthotel's swimming pool.The apartment is sold fully furnished and equipped.This hotel is a unique product, with high standards of construction and quality services, a great location, and developed by a reputable team with a very solid track record.It has a unique location in the prestigious area of Sintra, right in front of one of Portugal's most famous and iconic beaches: Praia das Maçãs.It aims to be a unique product in the area, aimed at a young, creative and sophisticated public looking to experience life at its best.Here we find 110 apartments - including studios and one-bedroom apartments. Two buildings function as an aparthotel and the middle building offers social and leisure areas, including a restaurant with a healthy and local food concept, an events room for 50 people, gym, spa, outdoor and indoor swimming pools and private parking spaces for each unit.Some apartments have balconies and unobstructed views of the sea and the beach.During the summer, the Hotel will be promoted as a great beach accommodation with outdoor activities related to hiking, mountain biking, climbing, surfing, paddle tennis, among others.During the winter, the Hotel offers great conditions for the MICE sector (Meetings, Incentives, Conferences and Events), as well as for mindfulness and wellness retreats.Buying an apartment in this Aparthotel is an excellent investment option. 'Buy to Let' is a well-established and secure investment concept, in which the owners retain full ownership of the units, leaving the management to an experienced hotel team who will generate income by renting them out; investors can use the units 14 days a year free of charge. It is expected to generate returns for investors of between 5 and 7% per year (according to a market study carried out by the Hospitality team).Profits are distributed in a pool system: the owners receive 80% and the management company receives 20% of the net profit from hotel management.There are no legal restrictions on foreign ownership of real estate in Portugal. Investors can buy individually or through corporate structures.Sintra is one of the most urbanized and densely populated municipalities in Portugal. It is an important tourist destination famous for its picturesque surroundings, historic palaces, castles, scenic beaches, parks and gardens. Sintra is a UNESCO World Heritage Site. The hotel is located opposite Praia das Maçãs, one of the most popular beaches just a short drive from Lisbon.The area has a fantastic, distinctly Portuguese atmosphere, full of local and traditional cafés, bakeries and seafood restaurants.Accessibility is excellent due to the proximity of freeways, giving you the chance to live in the peace and quiet of the Sintra mountains and sea, but at the same time be able to reach Lisbon in just 25 minutes. Energy Rating: B- #ref:APA_9488