Business Summary
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Business for Sale
Excellent RE investment project in Estoril

Mandate ID: DE-1-GKA-32-2004-1
Transaction Type:
Business for Sale

Industry: Real Estate


Sector: Apartments


SIC Code: 15220101 APARTMENT BUILDING CONSTRUCTION


Country of Origin: Portugal |


Target Areas: Worldwide


Business Review

Site in Estoril - excellent project with 1 penthouse and 4 duplexes

The project is in a very special area of Estoril, 5 minutes-drive from the famous Estoril Casino and the beach, and 30 minutes-drive to Lisbon airport.

The project consists of 2 buildings with 5 apartments. The total saleable area is 1.451 m².

Each of the 5 apartments have an own garden, veranda and pool, storage space and a total green view in a healthy and safe environment.

The upper building has a Penthouse with 3 bedrooms, an office , pool, garden and a gym, plus a garage for 4 cars with sea view; below are two Duplexes with mezzanine with 3 bedrooms each, both with fireplace, pool and garden and garage for 3 cars – all with green view.

The lower building has two duplexes on mezzanine, both with fireplaces in the living rooms, 3 bedrooms and pool, garden and garage for 3 cars.

Financial Information

Asking Price: on request


Highlights

The total saleable floor space is 1,451 m²; the sales prices for the Penthouse and 4 apartments is EUR 9.53m. Investors receive 100% of the assets for investing 2,500,000 EUR, or a percentage thereof in proportion of the invested sum.

Market survey indicates strong potential demand in this special area, with potential sales of 40% are expected to be secured prior to initiating construction and 50% during the construction phase.

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