Owning a residence in our residential complex provides the owner with the privileges of access to modern leisure facilities and exclusive benefits of the hotel.
Advantages of the hotel for the owner:
- Concierge
- Individual checking
- High-speed Wi-Fi
- Daily room cleaning and bed linen change
- Free 3-year membership in the world's largest association, thanks to which you can visit more than 240 of the world's best resorts and hotels;
- owners receive a discount on hotel services
Residences:
The hotel consists of 132 private apartments with 1, 2 bedrooms.
Layouts:
● 2 bedrooms 123 sq.m. € 855,000
● 1 bedroom 79 sq.m. € 567,000
The apartments are owned with all furniture and appliances. All apartments have a spacious balcony or terrace, a fully equipped kitchen, parking and storage rooms.
Profitability:Option A:
Guaranteed net rental income of 4% per annum for the first 5 years for closed sales until May 31, 2022;
- Transactions, after the above term, have a yield of 3.5% per annum for the first 5 years;
- These 4% are calculated from the price of the apartment (excluding furniture) minus all fees for the apartment and current expenses, but before taxes.
Option B:Profitability program in the amount of 42.5% of net rental income
- Each Owner has 12 weeks of personal use of the apartments in both versions (with booking restrictions).
The hotel is open from May 28, 2021
Located:
- 17 sq.m from Faro Airport
- 13 sq.m from the center of Lole
- 7 sq.m from Ancao beach
Infrastructure:
- Sports Grounds
- Internal parking
- Garage
- Garden
- Children's Playground
- Swimming pool
- Banquet hall
- Game room
- Terrace
Information updated: 02.12.2022
Owning a residence in our residential complex provides the owner with the privileges of access to modern leisure facilities and exclusive benefits of the hotel.
Advantages of the hotel for the owner:
- Concierge
- Individual checking
- High-speed Wi-Fi
- Daily room cleaning and bed linen change
- Free 3-year membership in the world's largest association, thanks to which you can visit more than 240 of the world's best resorts and hotels;
- owners receive a discount on hotel services
Residences:
The hotel consists of 132 private apartments with 1, 2 bedrooms.
Layouts:
● 2 bedrooms 123 sq.m. € 855,000
● 1 bedroom 79 sq.m. € 567,000
The apartments are owned with all furniture and appliances. All apartments have a spacious balcony or terrace, a fully equipped kitchen, parking and storage rooms.
Profitability:Option A:
Guaranteed net rental income of 4% per annum for the first 5 years for closed sales until May 31, 2022;
- Transactions, after the above term, have a yield of 3.5% per annum for the first 5 years;
- These 4% are calculated from the price of the apartment (excluding furniture) minus all fees for the apartment and current expenses, but before taxes.
Option B:Profitability program in the amount of 42.5% of net rental income
- Each Owner has 12 weeks of personal use of the apartments in both versions (with booking restrictions).
The hotel is open from May 28, 2021
Located:
- 17 sq.m from Faro Airport
- 13 sq.m from the center of Lole
- 7 sq.m from Ancao beach
Infrastructure:
- Sports Grounds
- Internal parking
- Garage
- Garden
- Children's Playground
- Swimming pool
- Banquet hall
- Game room
- Terrace
Information updated: 02.12.2022