Fontana Residence in Lisbon

Name: Fontana Residence
Brand: BWA GROUP
SKU: 12120
Availability: InStock

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Project info

Object ID: 12120

Finished at	May 2021
Price, m²	From 8177$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 141.00 m²
Floors	6
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket Nearby subway stations Picoas 3 min Saldanha 5 min Parque/Europa 7 min Marquês de Pombal 9 min Anjos 10 min Arroios 11 min Avenida 11 min São Sebastião 11 min Campo Pequeno 12 min Intendente 12 min Areeiro 16 min Restauradores 17 min Martim Moniz 17 min Rato 17 min Praça de Espanha 19 min Rossio 19 min Entre Campos 19 min Roma 20 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,152,957$

Net profit

9,376$

Payback period

98.1 years

Avg property value increase per year

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About the project

The Fontana Residence is characterized by being a construction from the end of the 50s, with a language characteristic of the uncharacteristic period, of transition between the monumentalized and uniformed architecture of the Estado Novo and the movement of rupture of the architectural language initiated in the 60s. The building is consisting of 8 floors above ground and a basement; Originally 6 floors were intended for housing, with one large apartment per floor, later there was a reintroduction of a housing program in the building by subdividing the space of each floor resulting in a varied set of areas and types of housing consisting of 15 apartments. and a store (2 T1 + 5 T2 + 8 T3).