House for sale in Sintra

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10 room luxury House for sale in Vale de Lobos (Almargem do Bispo), Sintra, Lisbon

Excellent property set in a plot of land with an area of 3500 m2, consisting of 2 residential buildings with garage, 1 non-residential building, amazing terrace with swimming pool surrounded by beautiful gardens. Property is perfectly habitable. Possibility of complete modernization, which can enhance the investment value. Main house with 530 m2 and second house 270 m2 of usable areas, the third building consists of several independent spaces, ideal for small art workshops, greenhouses, or simply small warehouses. With a privileged view, with the serra de sintra as a backdrop, this fantastic property is located in the premium area of vale de lobos, next to the belas clube campo de golfe, close to all kinds of local shops, such as a pharmacy, restaurants , grocery stores etc. Easy access to lisbon, sintra and cascais, about 5 to 10 minutes away from any of these locations. Main house housing number of floors: 3 typology/rooms: 19 secondary case number of floors: 2 typology/rooms: 7 property value €1,300,000 without work property value with turnkey works €1,750,000 expectable profitability boutique hotel pre- project for a boutique hotel with 10 suites, with great potential for profitability due to the high demand for short-term accommodation to enjoy the belas clube golf course. Study indicates average occupancy rate at 75% to 85%. Expected yield = 15% profit indicators and average values average value per suite (except additional services) . . . . . . . . . . . . . . . . 160€ average annual value (75% occupancy) . . . . . . . . . . . . . . . . . . . . . . . . . €438,000 estimated gross annual profit (60% occupancy) . . . . . . . . . . . . . €262,800 indicators occupancy rates low season (5 months) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60% mid season (4 months) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80% high season (3 months) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95% expectable profitability long term lease long term lease without work monthly lease . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . €6000 annual lease . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . €72,000 expected yield = 5.5% long term lease with work monthly lease . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9000€ annual lease . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .108,000€ expected yield = 6.1% expected profitability condominium 10 t4 apartments purchase price (before the work) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . €1,300,000 general work (10 t4 apartments) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . €2,000,000 cost per apartment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . €330,000 potential selling price. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . €650,000 to €800,000 profit per apartment (each €65,000) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . €3,200,000 profit per apartment (each €800,000) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,700,000€ energy rating: d