Property Details

TITLE:
Portugal Luxury - Place to be Happy
CONTROL:
Partner
VALUE:
$2,250,000
LOAN:
$0
EQUITY:
$2,250,000
TYPE:
Other
HAVE:
Renovated historic Portugal 17th century house of monks in the heart of Aveiro. Luxury residential home plus guest suite as short term rental. Steps away from the urban center, you can wake up to the chirping of birds and feel a clear sense of peace.
ADDRESS:
rua das Salineiras, 19 - Aveiro, Aveiro, United States Minor Outlying Islands
BENEFITS TO NEW OWNER:
Luxury Property Fully Renovated Value Add Opportunities Portugal Quality of Life Unique historical gem No other home in area has large garden space.
OTHER FILES:
GROSS SCHEDULED INCOME:
$100,000 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$100,000
EXPENSES:
$25,000
NOI:
$75,000
DEBT SERVICE:
$0
CASH FLOW:
$75,000
CAP RATE:
3.33%
CAN ADD:
Have another place in France
REMARKS:
House has 388 m^2 with 4 bed, 4 bath. Desirable Portugal location. Have appraisal $2.1M.
COUNSELOR:
Theresa Mueller
Trelleum Real Estate
132 N Washington
Naperville, Illinois, 60540
Cell: 630-715-9999