DUUO in Lisbon

Name: Sales in DUUO started!
Start: 2021-12-20T10:17:17.677444+00:00
End: 2023-12-31T23:59:59+0000
Location: DUUO

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Project info

Object ID: 16633

Finished at	October 2022
Price, m²	From 5470$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 143.00 m²
Floors	8
Apartments	96
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Praça de Espanha 6 min Cidade Universitária 9 min Jardim Zoológico 9 min São Sebastião 11 min Entre Campos 13 min Laranjeiras 14 min Campo Pequeno 14 min Saldanha 18 min Parque/Europa 18 min Campo Grande 18 min Picoas 19 min Telheiras 20 min Alvalade 20 min Roma 21 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

782,210$

Net profit

9,376$

Payback period

66.5 years

Avg property value increase per year

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About the project

Description of the project

The DUUO development, Space for Time, is a closed condominium with a swimming pool located less than 10 minutes' walk from the new gardens and the Praça de Espanha metro, Fundação Calouste Gulbenkian and El Corte Inglés, in Avenidas Novas, a central area and privileged of Lisbon.

Conveniently located just a short bicycle ride away from the city center and Monsanto Park, and close to the main roads, it is next to a market, schools and various public transports.

DUUO has a total of 140 apartments, with different types, from T1 to T4, including penthouses with private pools. The areas are between 53 m² and 492 m².

The development offers views over the city and Monsanto, and stands out for its large balconies and large glazed openings, to take advantage of the light of Lisbon.

The apartments have a garage and storage room, kitchen and laundry equipped with appliances - SIEMENS, AEG or similar - with energy efficiency A, and bedrooms with built-in cupboards. The penthouses have private heated pools and nice terraces.

This private condominium offers excellent amenities such as a pleasant garden with 2 swimming pools, one for adults and one for children, gym, multi-purpose room, reception with Bring Me box and bicycle parking, 24/7 surveillance, among others.