Email Contact Martinhal Residences

info@martinhalresidences.com

Phone Contact Martinhal Residences

+351 218 725 814

Martinhal Residences Lisboa Parque das Naçoes
contact us
Martinhal Residences Lisboa Parque das Naçoes
Contact us

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Praia da Luz living room with a kitchen and dining

Investment Opportunity

Fixed net rental income for 6 years

These days the majority of purchasers are also looking for a return on their investment so Martinhal has designed a unique Leaseback scheme which includes:

Leaseback

1. Annual rental income of 4% of the property purchase Price for the first 6 years*

2. The hotel operator will be responsible for providing the furniture and rental pack. They will also cover the charges of property insurance, condominium charges, utilities, outgoings and all maintenance until the end of the lease**

3. The owner will be entitled to use the property for 2 weeks per annum high season and up to 8 weeks low season***

4. All properties at Martinhal are freehold and the owner is entitled to sell their property during the period of the agreement****

The long stay winter usage option:

  • Free owner usage from November until end of April
  • There is no owner usage May to October
  • 2% return,
  • Condo fee paid by Martinhal
  • Utilities during owner stay are paid by the owner

* After the first 6 years, the rent will be adjusted taking into account how much the owner intends to use the property himself

** The property running and holding charges per year to be waived or paid for:

  • Property Insurance
  • Condominium Charge – the costs incurred by the community of owners for the development and maintenance of the Common Areas and for the Provision of Services of Common Interest by Elegant Family Hotels Management SA
  • The “Furniture and Rental Pack” – all furniture, cutlery, linen, accessories, etc. necessary that the Owner’s property can be rented out to guests of Elegant Family Hotels Management SA
  • The buyer remains responsible for property acquisition taxes and costs
  • The buyer remains responsible for the annual local council tax (IMI) of approximately 800€ per year and any personal income tax in relation to the annual rental income

*** Each Property has its own number in the Land Registry

**** The two-week high season does not include July and August. If an owner chooses to use a week during July or August (up to a maximum of two weeks), the income for that year will be reduced by 0.5% for each week used. Low season is November until Thursday before Good Friday, subject to payment of the service charge.