3 Bedroom Townhouses in Óbidos with 3% yield- West Cliffs Ocean and Golf Resort - 500K Golden Visa
Located in Óbidos, one of the most picturesque towns in Portugal, full of enriching experiences - Cobblestoned streets, traditional painted houses, historical monuments, delicious gastronomy, and plentiful leisure activities, such as golf and surfing, as you can walk to the beach in less than 5 minutes.
The townhouses are located in the northern part of the five-star Resort where the natural landscape and architectural integration with the surroundings were well preserved and offer stunning views over to the entrance of the Atlantic Ocean into the beautiful Óbidos Lagoon.
Calm, cozy, and serene environments give preference to organic forms, elements of natural aspect, and the contrast between textures.
West Cliffs Ocean and Golf Resort is a 5* resort designed by the renowned architectural offices of Sua Kay. The Resort has 230 hectares with 261 residential lots, consisting of luxury properties that include Villas, Twin Villas, Townhouses and Apartments.
Imagine yourself waking up to a breathtaking view that stretches across the green of the West Cliffs Golf Links course and the immensity of the blue Atlantic Ocean, overlooking the city of Nazaré, the city of Peniche and the spectacular landscapes of the Berlenga Island. Imagine walking throughout a trail within the Resort, surrounded by natural beauty within the scents of the pine trees and lavender flowers.
RESORT AMENITIES & SERVICES:
24 hour reception concierge, security and surveillance;
Minimarket and tobacco store;
Health Club & SPA;
Restaurant & Bar;
Preservation, maintenance and cleaning of the common areas;
Cleaning service and laundry;
Golf Court and Academy.
MIN. GOLDEN VISA INVESTMENT: €500.000
TYPOLOGIES: 3 Bedroom Townhouses
CONSTRUCTION AREA: From 153 sqm
PRICES: From € 610.000
STATUS: Under Construction
END OF CONSTRUCTION: Summer 2022
3 Year Golf Club Membership;
Exclusive green fee rates;
Discount at Pro-shop;
Discount at West Cliffs Academy
Club House discounts;
10% to 20% discounts in the restaurants of West Cliffs and Praia D’el Rey;
10% to 20% discounts at the Kalyan Spa and Kalyan Fitness, in Praia d’el Rey.
Invitations to participate in special Club activities as well social and golf events.
Through the rental programme, property owners can gain passive income while not at the property. The West Cliffs team will take care of property management and managing guest stays. The owner keeps 70% of the daily rate revenue, while deducting a daily fee for cleaning services and amenities maintenance.
3,4% ESTIMATED YIELD
For a property investment of €602,000, the gross estimated profit per year is €20.615, equivalent to a 3,4% yield.
Monthly revenue varies by season, depending on occupancy rate (e.g.: Feb - 14% ; Aug - 90%)