Situated in the rustic village of Comporta on a 5* wellness boutique resort and ready to be rented out straight away, this two-bedroom house for sale is a truly unique investment opportunity.
Spread across 122 square metres over two floors, this house features two bedrooms, a large living space and a fully equipped kitchen. The master bedroom on the first floor also has an extended living area, an en-suite bathroom and a veranda which overlooks the manicured gardens of the resort. With a private garden area of 24 square metres, a spacious 45 square metre terrace and a 9 sqm balcony, this property boasts plenty of exterior space. The house comes fully furnished and includes a covered parking space too.
Inspired by Comporta’s charming barns, this house uses traditional materials and textures alongside low impact construction to perfectly complement the surrounding landscape.
Perhaps Portugal's best-kept secret for a long time, the beach town of Comporta has only very recently opened up for development which means that completed projects of this standard are a rare find. Indeed, there is only one other five-star hotel in the area and this has completely sold out.
The house benefits from the resort’s hassle-free hotel management and is subject to a ten-year touristic operating and rental agreement. During the initial three years of the agreement you will receive a guaranteed yield of 4% and you also have the opportunity to stay at the house for 14 nights per year during the peak season or more during the low season. Plus, it is also possible to purchase a longer stay in the peak season at a heavily discounted price.
After the first 3 years, all property owners will receive a guaranteed yield from a rental pool. Based on current projections it will be possible to receive an estimated rental yield from 5.2% - 9.8%. This makes the property a very attractive investment.
Whilst future owners are free to sell their property to a third party, this property also benefits from a buyback guarantee which means that owners can sell the property back to the hotel for the price they paid for it.
As a guide, nearby developments can fetch up to €6,000 per sqm which makes this property more expensive at €6,100 per sqm. However, this is not a true comparison as there is currently nothing on the market which matches this unique property in terms of high-end finishes, location and amenities.
An additional advantage of this property is that it is eligible for the Portuguese Golden Visa programme which grants residency to international real estate investors and paves the way to full Portuguese citizenship.
Without a doubt, one of the highlights of the house is that you can enjoy all of the five-star facilities offered by the resort. This includes a spa, a heated infinity pool, a restaurant and a co-work cabana. Should you wish to venture further afield, the beach is just a two-minute drive away and is perfect for horse riding, surfing or simply basking in the sun.
Comporta is just over an hour away from Lisbon by car, making it very easy to get to and from the capital.