Description
The Waya Sintra Aparthotel is a unique product, with high quality construction and service standards, with an excellent location and developed by a highly regarded team with a very solid track record.
This 4-star luxury aparthotel aims to be a unique product in the area, aimed at a young, open-minded, creative and sophisticated audience looking to live life at its best.
It is a large project with more than 11,000sqm, allowing a gross construction area of about 10,000sqm.
The project is an aparthotel with 110 apartments, including studios and 1 bedroom apartments.
Two buildings function as aparthotels and a building in the middle offers social and leisure areas, including a restaurant with a healthy and local food concept, a corporate event room for 50 people, a gym, a spa, outdoor and indoor swimming pools and private parking spaces for each unit.
During the summer, the Hotel will be promoted as an excellent place to stay on the beach, with outdoor activities related to hiking, mountain biking, climbing, surfing, paddle surfing, among others.
During the winter, the Hotel offers great conditions for the MICE (Meetings, Incentives, Conferences, and Events) industry, as well as for Mindfulness and Wellness retreats.
'Buy to Let' is a safe and well-established investment concept, where the owners have full ownership of the units, leaving the management to an experienced hotel team who will generate income for them through the rental (investors can use the units 14 days a year at no cost).
The Waya Sintra Hotel group expects to generate a rental income for investors in excess of 6%/year and a capital appreciation of the property of more than 20 to 30% of the sale price.
Located in Sintra, it is one of the most urbanised and densely populated municipalities in Portugal. Sintra is a major tourist destination famous for its picturesque, historic palaces, castles, scenic beaches, parks, and gardens.
Sintra, with a privileged location in the Greater Lisbon Area and only 28 km from downtown Lisbon, the Portuguese capital and one of the most attractive cities in Europe, is a place full of magic and mystery. Sintra is a place where Nature and Man have combined in such a perfect symbiosis that UNESCO has granted it the status of World Heritage Site.
This charming village in the heart of Portugal attracts millions of tourists every year, who are drawn to its extravagant palaces and monuments, stunning villas, world-renowned heritage site, and a wide variety of places to visit.
Waya Sintra Aparthotel is situated in front of Praia das Maçãs, one of the most popular beaches within walking distance of Lisbon.
End of work: 4th Quarter 2025.
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The information provided, although accurate, is for informational purposes only and cannot be considered binding, and may be subject to change.
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