Description
1 Bedroom Apartment for sale in Belem, with a privileged location in front of the Tagus River and inserted in the luxurious Hyatt Regency Lisboa development.
The top 5-star Hyatt Regency Lisboa development combines the hotel and residential component.
Distributed over 4 floors, consists of a total of 108 apartments of which 97 are on sale.
The various services available in the development include the gym, spa, swimming pool, meeting rooms, restaurant, and panoramic bar.
All apartments are fully decorated and equipped to the high standards of Hyatt Regency and Hyatt International Corporation.
The development will have direct pedestrian access, through a bridge, the riverside front and the marginal, which connects several museums and monuments and continues to Cascais, passing through several beaches of unique beauty.
Management of the project with the seal of Hyatt Regency (Hyatt International Corporation), one of the most respected luxury chains in the 5-star segment worldwide, in what will be its first hotel unit in Portugal.
T1: from 855.000€ to 895.000€
Estimated construction completion date: end of 2022
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Tourist Exploration Contract administered under the Hyatt Regency brand, for a period of 20 years, renewable for periods of 5 years, with guaranteed minimum income with 2 options:
Option 1: 5% in the first 5 years
Option 2: 3% in the first 10 years
Use of the property by the owners up to 4 weeks per year, with the maximum limitation of 1 week in high season (July and August)
OWNER BENEFITS
All property owners in the UIP universe (Pine Cliffs Resort, Sheraton Cascais Resort, Quinta
Marques Gomes and Hyatt Regency Lisboa) benefit from a package of privileges such as;
Preferred rates of the IPU owner in hotels and resorts owned and managed by UIP (Pine
Cliffs Resort; Sheraton Cascais Resort; Yotel Port; Hyatt Regency Lisbon
UIP owner discount of 25% in F&B valid in all iPU-operated restaurants in the
their properties.
UIP owner discount for use of Serenity Spa in all our hotels and resorts.
Free transportation service for IPU owners between the group's properties and to and from the
airport.
Dedicated Concierge Service
Energy Rating: A
