Almada Lisbon Brochure
Total Page:16
File Type:pdf, Size:1020Kb
PRE-LAUNCH INVESTMENT OPPORTUNITY ALMADA LISBON, P O R T U G A L REAL ESTATE. REIMAGINED. A regeneration residential development of 6 two bedroom apartments located on the southern side of the Tagus River PROPRIETARY & CONFIDENTIAL only a 15-minute drive to the iconic Waterfront Promenade Belem & Lisbon main street Avenida da Liberdade. 01 02 Pre-Launch Investment ALMADA Lisbon, the capital of Portugal is fast becoming the place to live and do business in Europe. bridge built by the same construction company as the original in San Fran. One of the The closest European capital to the United States and South America, particularly booming most aesthetically pleasing and trendiest cities to live in Europe it attracts many high Brazil, Lisbon is less than one hour from Madrid with several daily fl ights and about 2.5 hrs net worth individuals and indeed celebrities investing in real estate not only for lifestyle from both London and Paris being the only capital in mainland Europe that shares the same and capital appreciation gains but the option to take advantage of the very attractive time zone with the British capital. tax regimes and that possibility to acquire permanent residency and citizenship over time. Time is precious and with close to 300 days of sunshine throughout the year, Now is the time to invest in Almada, the combination of high profi tability and aff ordable lots of outdoor and beach activities, a low cost of living, low crime rates, and culturally prices vis-a-vis other capitals makes it the capital city destination with the best valuation rich, means quality of life is very high in Lisbon. According to the Expat Insider 2018, potential in the medium and long-term. (Source: ECB, The Economist, Bloomberg, Portugal was voted the best country in all of Europe for expatriates to live, and 3rd in Confi dential Real Estate) 2019. Recognized globally as a technologically advanced city, evidenced by some of the world’s Lisbon is the wealthiest region in Portugal, known as an alpha-level city because of largest companies setting up technology focused hubs such as Google and Amazon to its importance in fi nance, commerce, media, entertainment, arts, international trade, Mercedes-Benz, Lisbon is often likened to “Europe’s San Francisco” complete with cable education and tourism. Lisbon produces 45% of the Portuguese GDP, signifi cantly cars, hills, friendly welcoming people, a coff ee & tech scene, plus the iconic suspension above the European Union’s GDP average. ALMADA, LISBON DEVELOPMENT BY EKH 03 04 In PwC’s Emerging Trends in Real Estate Europe 2019, Lisbon took #1st place “Portugal’s economy is growing healthily, and its capital is now an international D E M A N D destination for companies, investors and tourists.” (Emerging Trends in Real Estate Europe, PWC, 2019) I S S U R G I N G Portugal’s housing prices continue to rise strongly, fuelled by surging demand as well as improved economic conditions. During the year to November 2020, residential property prices in Portugal rose by 6.32% (6.56% in real terms) to a median price of €1,144 (US$1,381) per square meter (sq. m). In Lisbon metropolitan area, property prices were up by 5.83% (6.06% in real terms) in November 2020 from a year earlier, to a median price of €1,507 (US$1,820) per sq. m. By property type, apartment prices rose by 7.1% (7.34% in real terms) while house prices increased 4.61% (4.84% in real terms). RENTAL DEMAND IS The economy is expected to grow by 3.9% this year (2021) and by another 4.5% STRONG ESPECIALLY in 2022, based on the projections released by Banco de Portugal. There are no restrictions on foreign property ownership in Portugal and transaction costs are IN CITY CENTRE generally low. As of November 2020, Portugal’s nationwide house prices were almost 30% above their previous nominal peak, seen in 2010. LOCATIONS Portuguese property is very inexpensive. From the perspective of the foreign buyer, Portuguese property is astonishingly good value. Lisbon’s property market is now reasonably priced. Portugal’s house price to GDP per capita ratio is one of the lowest in Europe. In terms of square metre prices, Portugal has some of the lowest prices for city-centre property in Europe. Tourist interest in the centre of Lisbon is enormous, so the option of letting via Airbnb is there for much of the year. Lisbon’s rental yields are comparatively among the highest in Europe, and Lisbon’s price to rent ratios are among Europe’s lowest. Rental yields are good, ranging from 4.5% to 6.7% gross (Ref: Global Property Guide). ALMADA, LISBON DEVELOPMENT BY EKH 05 06 THE PROJECT PRICES FROM € 370,000 6 x T2 Apartments 4 fl oors, 3 above ground Total Build Area 760m2 Historical building with beautiful architecture Perfectly located in a prime central city location a very short drive from the iconic Waterfront & Lisbon main street Av. De Liberdade Constructed in the fi rst half of the 20th century, in 1942, with built up area of 760m2, this 4 storey building with 6x two-bedroom apartments will be brought to market turn-key with bespoke furniture all produced in Portugal. It is a historical building, with very beautiful architecture, fully refurbished IMAGE COMING SOON and very well preserved. Located at Rua Bernardo Fransisco da Costa 69 in the most historical, modern, central and charming area of Almada - opposite the local fresh market, with daily fresh fi sh and vegetables, only 10 min walk to the ferry dock. The project is undergoing an extensive due dilligence process with our project management and lawyer. Due to high demand we have decided to off er buyers the opportunity to get a pre release option. ALMADA, LISBON DEVELOPMENT BY EKH 07 08 APARTMENTS 4 4 UNIT FLOOR TYPE AREA PRICE A Ground Floor 2 Bed 78.00 m2 370.000 € B Ground Floor 2 Bed 78.00 m2 370.000 € 6 5 5 6 C First Floor 2 Bed 78.00 m2 370.000 € 2 D First Floor 2 Bed 78.00 m 370.000 € 8 8 E Second Floor 2 Bed 78.00 m2 370.000 € F Second Floor 2 Bed 78.00 m2 370.000 € 2 1 1 2 1 Hall 5 Kitchen C D 2 Livingroom 6 Dining Room 3 3 Bedroom Balcony 3 7 3 3 4 Bathroom 8 Storage ALMADA, LISBON 7 7 DEVELOPMENT BY EKH 09 10 L O C A T I O N 10 Almada is one of two beautiful towns on the opposite bank of the Tagus River from Lisbon. It is connected 9 with Lisbon by the famous 25th of April Bridge(similar to that of the Golden Gate Bridge). The town today is best 8 known primarily because of the monument to Christ the King is located there. Almada is full of fi sh markets and 7 fresh produce, parkland and beaches making it a great residential area to live. The beautiful and popular Cascais is 35 mins by car, 6 A ALMADA allowing for a weekend escape ocean side or you could experience stunning Setubal which is only 45 min drive. Lisbon Airport For a total escape from city life you will always have the 5 1 25 de Abril Bridge Algarve, the beautiful southern coastline of Portugal blessed with stunning beaches, championship golf- 2 Alamada Forum courses and a glorious climate which can be reached 4 driving in only 2.5 hours. 1 A 3 Costa da Caparica Everything and more are on your doorstep in the heart 4 Waterfront Promenade Belem of Lisbon. 5 Palácio Nacional da Ajuda 6 Avenida da Liberdade 2 7 Monsanto Forest Park 8 Zoo of Lisbon 9 University of Lisbon 3 10 Vasco da Gama Bridge ALMADA, LISBON DEVELOPMENT BY EKH 11 12 P O R T U G A L PORTUGAL TAKES A A D V A N T A G E S TOTAL OF 42 AWARDS Portugal’s Golden Visa: is Europe’s most successful A W A R D S residency-by-investment program attracting high numbers of investors due its fl exibility and benefi ts. Travel Golden Visa The World’s Travel Awards awarded Portugal development. In 2019 the Web Summit Currently, the ALMADA Investment opportunity qualifi es a staggering 27 European awards in 2019 with committed to hosting the World’s largest under a reduced regeneration investment scheme Lisbon receiving “Europe’s Leading City Break tech conference from Lisbon for the next which allows investors gain a residency permit to Destination” 10 years bringing Fortune 500 companies, include family members with minimum required stays groundbreaking startups and world-class in Portugal of only 7 days per annum at a signifi cantly Food & Wine speakers to Lisbon. lower investment outlay of 370K EURO Three new Michelin starred restaurants were added to the growing list bringing the total to Portugal is also the fi rst country to commit NHR 26 across the country with 5 in Lisbon. Quality to decarbonizing by 2050 and reducing SInce 2010 Portugal’s NHR program has provided of Portuguese wines were distinguished with greenhouse gas emissions by 50% by 2030 foreign investors the opportunity to receive qualifying more than 420 medals in 2019 by national and reaching a target of 80% electricity from income tax free, both in Portugal and the source income international experts. renewable resources including a total phase out country. The NHR is considered a major step forward in of coal.