Sesimbra town is situated only 30 minutes south of Lisbon City on the Blue Coast of Portugal.
Regular flights to Lisbon are operated throughout the year by most major airlines as well as the budget airlines Monarch and Easyjet.
The development will be built into the hillside sloping down towards the beach with 180 degree views of the coast. These magnificent un-spoilt views and dramatic hillside backdrop are the key elements behind the central design concept of the project.
This region in Portugal has become increasingly popular with golfers and holiday makers due to the variety of championship courses, beautiful beaches, breathtaking natural beauty and all of the attractions on the stunning city of Lisbon.
Temperatures in the region reach 30 degrees in the summer and the area has a great nightlife with numerous restaurants and bars as well as Lisbon on your doorstep.

Capital growth in this area is currently estimated at around 20% per annum.
Owners will benefit from a 25% discount on green fees at the nearby championship Golf Course and special life membership packages also.
In 2006 the Channel Four programme ‘A Place in the Sun’ ranked Portugal as one of the top 3 overseas property destinations. The programme ranked all the EU countries, plus the four nations that had applied to join and the research took into account the economic growth of the countries, property price rises and how much rental income a buyer can make.

Property Specification:

Sesimbra Bay Resort is situated overlooking a picturesque Portuguese Bay with stunning sea views as far as the eye can see. The location is truly sensational, one of the last sites available in the town that offers such a privileged view of the Bay.
The development will consist of 204 luxury apartments all with uninterrupted sea views situated in 3 condominiums of 3 levels each with private adult and children's pools. The main feature in the development will be a five star spa centre of 400m2 with other facilities to include and a bar and restaurant on site.

Apartments come fully furnished and fitted to a five star standard.

Each apartment comes with a dramatic floor to ceiling glass wall which opens out onto a spacious terrace to maximize the light and take full advantage of the amazing views. The terrace or balcony has a glass and stainless steal balustrade providing an ideal suntrap for residents.
Kitchens come finished with high gloss cabinets, stainless steal counters and ceramic flooring giving a very contemporary and modern appeal. The kitchen is equipped with Zanussi dishwasher, fridge freezer, washing machine and microwave. Each apartment comes complete with wooden flooring throughout.

The development company ‘Lisop’ founded in 1981 have a portfolio of high quality projects for the middle to upper market with a reputation for excellence. Sesimbra Bay is a truly magnificent project set on the hillside overlooking the tranquil Bay. Combining this unrivalled beach view with the design concept and carefully chosen landscaping with 5 star onsite spa and facilities this product will be extremely popular with the overseas investor as it is priced very competitively
All apartments will be managed by the International Hotel Management group ‘Kasamia’. Owners can sign up a contract with the management company for a 6 year period during which they benefit from a rental income and 6 weeks use of the property per year.
Each owner becomes a shareholder of all onsite facilities and all revenue the residence generates such as sales from the bar/restaurant etc. Essentially, owners become part of the hotel management company.

This is a new concept in Europe, but is already happening all over the US very successfully, in fact 15% of all accommodation in the states is now managed this way. The key to the success of this concept is transparency; owners have access to the bank statements of the company and they can check online how their investment is performing. They can see the sales income and the expenses for running the resort. They can get extra income from their property if they chose not to use the property at all. They can also make online reservations for their own holidays. The online system is further supported by a call centre.

The rental income during the first 2 years of ownership is also guaranteed at a fixed 5% net of all charges, after these 2 years owners will be in a rental pool and can expect more.
The developers have arranged 90% mortgages on an interest only basis for the first 7 years.

• Region: View All "Costa Azul Apartments"
• Country: View All "Portugal Apartments"
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