Hyatt Regency Lisboa
THE TOURISTIC DEVELOPMENT
Hyatt Regency Lisbon is the brand’s first hotel in Portugal.
This 5-star superior hotel has 108 touristic luxury apartments, designed in a modern modular concept that together with 34 single hotel rooms can achieve the maximum of 204 hotel keys, with a contemporary design.
The hotel has a 1000m2 spa managed by the award-winning brand Serenity – The Art of Well Being, a state-of-the-art gym and offers personalised health and wellness programs. Guests and visitors can enjoy a stunning view of the Tejo River from the hotel’s rooftop and the delights of a top restaurant. The hotel also features a luxury shopping area, meeting rooms and a car park.
INVESTMENT MODEL
- Touristic Exploration Contract managed under the brand of Hyatt Regency for a 20-year period
- Minimum Guaranteed Return on Investment – 2 Options
- a) 5% in the first five years
- b) 3% in the first ten years
- Owners usage of their property up to 4 weeks per year, with the limitation of maximum 1 week usage in July/August and December/January
- Acquisition type – Freehold Property
The distribution of the generated income is calculated daily between all the owners that have their unit available each day for rental, according with area and coefficient of each unit in the global universe of the rental pool, and after deducted from the annual rental pool generated revenue, the operational expenses, including the Reserve Fund that will be used to cover any expenses that may arise during the tourist operation contract and that are related to wear caused by use arise from the normal use of the property in the scope of the touristic exploration activity, regular maintenance, replacement of necessary equipment, and ultimately the renewal of the unit following its natural end of cycle. The mandatory insurances for the exercise of the activity and the condominium fees are also included in the operational expenses item, as well as the management fees of the management company operating under Hyatt Regency Brand
During the guarantee period, if the unit generates more than the guaranteed the owner will be paid over what his unit generated, but if, for any reason, the unit generates less, the payment will be done by the agreed minimum return on investment
The management company prepares and provides monthly reports with information related to revenues, expenses and distribution of net profit per unit, as well as annual statements audited by independent entities for distribution to their owners
STANDARD PAYMENT SCHEDULE
Reservation Deposit: 50.000€ - Refundable if the investor decides not to complete the purchase, can be included in the initial payment with promissory agreement of purchase and sale
Promissory Contract of Purchase and Sale: Promissory Agreement - 40% of the final price
Balance and Deed: 60% with the Deed – 90 to 120 days after the Opening.
If the Investor makes a down payment of at least 500.000€ (or 50% of the property’s price) in the Promissory Agreement, he can anticipate the payment of his guaranteed return, while the project is under construction
UIP OWNERS BENEFITS
Every property owner in the UIP universe (Pine Cliffs Resort, Sheraton Cascais Resort, Quinta Marques Gomes and Hyatt Regency Lisboa) benefit form a pack of privileges such as:
- UIP Owner preferable rates in hotels and resorts managed by UIP
- UIP Owner 25% discount in F&B valid in all restaurants of all our properties
- UIP Owner discount for using the Serenity Spa in every hotels and resorts
- UIP Owner free transfers service between our properties and from and to the airports
- Dedicated Concierge service
THE LOCATION
Located in a prime location with breathtaking views of the Tejo River. It is perfect for enjoying the magnificent city of Lisbon, its gastronomy, history and culture – it is surrounded by the most relevant museums and monuments of the city, such as the Hieronymites Monastery, Belém Tower, Belém Palace or Cordoaria National Factory.
THE DEVELOPER/OPERATOR
Managed under the brand of Hyatt Regency, part of Hyatt International Corporation, one of the most important groups in the luxury hospitality industry worldwide, in their first ever opening in Portugal.
