Portuguese InvestmentsApartments with sea views in Sesimbra, a Portuguese fishing port 40kms south of Lisbon, are being launched by Prunty's Overseas Properties at exhibitions in Dublin, Cork and Belfast next weekend, April 28th and 29th.
Prices at Sesimbra Bay Resort, above, will range from €214,000 to €295,000-plus for 40-81sq m (431-872sq ft) studio to two-bed apartments and from €347,000 for two-bedroom duplexes. Each apartment will have a floor-to-ceiling glass wall opening onto a terrace or balcony. Facilities at the development will include a spa centre, bar and restaurant.
About 70 per cent of the 204 units will be sold as part of a rental scheme operated by hotel group Kasamia. The apartments, which come fully fitted, are sold on the basis of going into a rental pool for six years, with owners getting six weeks' use per year. Buyers are being offered 5 per cent guaranteed rental income for the first two years of ownership by Portuguese developers Lisop.