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Ponta do Pargo Resort, Madeira, Portugal


  Price: £17,914   Contact Agent

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Property Type: 
  Apartments
Bedrooms: 
  1


  The avant-garde hotel occupies a privileged position at the top of panoramic cliffs overlooking both the Atlantic Ocean and the 18th hole of the Sir Nick Faldo designed golf course as well as the clubhouse. Designed to take maximum advantage of the exceptional location and to offer the ultimate holiday retreat, the spacious 5-star hotel consists of 58 rooms (54 Master Suites - all boasting a very generous average of 42m2 - and 4 Presidential Suites of 81m2 average) with luxury facilities including a spa, gynasium, treatment room, ocean-facing infinity pool, Madeiran-hallmark tropical gardens, restaurants and bars.

Each of the 58 hotel rooms is divided into 13 investment units with a total of 28 nights' room rental income allocated to each unit. The 28 nights are rotated in each quarter every year to ensure investors receive rental income at different times in each quarter. Investors have the option to stay in their room for 7 of their allocated nights a year for just the price of a small administration fee.

Investors pay a very low entry price (£5,750 for a Master Suite), which is followed by 5 very affordable stage payments between the starting date and completion (April 2012) of the hotel. Once the hotel opens, investors start earning rental income from their room at a rate of 50% of the revenue. For example, if the revenue generated is €250 the investor would receive €125. The remainder goes towards hotel management and upkeep. This is a fully-managed investment and there are no additional costs to the investor.

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