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Property description
Waya Sintra Aparthotel is a unique product, with high-quality construction and service standards, with a great location, and developed by a highly reputable team with a very solid track record.This 4-star luxury Aparthotel intends to be a unique product in the area, targeting a young, open-minded, Creative, and sophisticated audience looking to live life at its best.During the summer, the Hotel will be promoted as a great beach spot accommodation with outdoor activities related to hiking, mountain biking, climbing, surfing, paddle surfing, and others. During the Winter, the Hotel offers great conditions for the MICE industry (Meetings, Incentives, Conferences, and Events) as well as Mindfulness and Wellness Retreats.Unique & Exclusive InvestmentBuy to Let is a well-established and safe investment concept where property owners have full ownership of the units, leaving the management to an experienced hospitality team that will generate them income through rentals (investors can use the units 14 days a year without any cost). Waya Sintra Hotel group expects to generate rental income to investors superior to 6%/year and a capital appreciation on the property of more than 20 to 30% from the selling price.Buy-to-Let and profit from great and safe returns on your investment. Waya Sintra Aparthotel is a freehold investment, fully managed, with 14 days of free use by owners, with expected 5 to 7% rental yields annuallyOnly 110 units available!Location Location LocationSintra, PortugalA PRIME LOCATIONSintra is a place where Nature and Man have combined in such a perfect symbiosis that UNESCO has granted it World Heritage Site status.Sintra is a major tourist destination famed for its picturesqueness, historic palaces, castles, scenic beaches, parks, and gardens. The Waya Sintra Aparthotel is located in front of Praia das Mas (Apple Beach), one of the most popular beaches within striking distance of Lisbon.The area has an amazing, distinctly Portuguese atmosphere packed with local and traditional cafes, bakeries, and seafood restaurants.The accessibility is great due to the proximity of highways, giving one the capacity to live in the tranquility and silence of the Sintra mountains and sea, but at the same time, being able to reach the vibrant center city of Lisbon in just 25 minutes.Estimated HandoverLast Quarter of 2025Expected Capital Appreciation Of Units20 to 30% on the investment during construction period (2, 5 years).Expected Rental Income Per Year5 to 7% on the investmentRental IncomeYearly Pool System concept of Results distribution: Owners will get 80% and Management company 20% of Net Profit of the Hospitality Management.