Invest €149,900 and receive €1,249/month. It is not an apartment. And perhaps that is precisely what makes this project interesting for certain investors. This is a houseboat operated as tourist accommodation by a specialised company. The model is simple: • You purchase the unit • Management is fully delegated • No guests to welcome • No rentals to manage • No day-to-day operational workload An operating agreement is signed for a period of 1 to 5 years, during which you receive a contractually agreed return of 10% per year, paid monthly. It is also important to clarify from the outset: • This is not traditional real estate • Mortgage financing is not applicable • Operations and ongoing running costs are managed by the operating company • Possibility of personal use for up to 15 days per year, subject to availability, in the marinas of Lisbon, the Azores, Albufeira and Cagliari (Italy) This project may appeal to investors seeking: • Recurring income • Diversification • Simplicity • An investment without direct management If you are looking for a traditional property, this project may not be for you. But if you are looking for a different investment model with delegated management, I would be pleased to explain how it works and arrange a visit.