The post surprised me by delivering the package this morning 
I’ve mounted the switch and was able to do everything I wanted.
Didn’t test if it works with solely either with the first or the second Load cables, though.
I installed it (without neutral wire) and in the setup chose ZigBee (it comes with Thread protocol by default), the app than downloads and installs ZigBee firmware into the switch, so far so good.
In app we can decouple any one, or both, the buttons from it’s respective relays. In case anyone wonders: it’s not possible to couple both relays to a single button, as per the firmware design, but…
… we can, indeed, re-route the “coupling” via Hub, this is, pressing a button that sends a command to the Hub to open or close a relay, which in turn sends it back to the switch unit.
So, in my case, I decouple the Button 1 from it’s relay, then set up an automation (called it Hard Power) to operate the Relay 1.
That automation is by default disabled in the app. (If servicing is needed, I just have to enable that automation).
So, as the relay is by default opened, the LED indicator is on, which is a plus, as in the event of a bulb failure, I instantly know if it’s the bulb or if is a power cut to that bulb.
Then, I set up an automation (called it Soft Power) to that button to operate the smartbulb with an IF condition:
If Hard power is disabled,
then turn on/off smartbulb.
In that way when I manually enable Hard Power automation, the button acts as a relay opener, otherwise it acts as simple smartbulb wireless switch.
And since the LED is only lit if the relay is opened, than I know when power is cut from the bulb.
Now, the condominium light of my flat is “smart” (and “turning off” forgetting proof) and linked to the doorbell as well, while maintaining safety operation of the smartbulb inside, all in the same switch.