SOLD OUT! Located in the charming town of Portimão, within the heart of the Algarve, is this fantastic new five-star resort. Situated just a few meters from Vau Beach, the hotel features 3 outdoor swimming pools, a spa, a gym, a kids club, an exclusive private beach club close to the hotel, and a variety of relaxation areas and amenities.
The hotel’s architecture, interiors and exteriors have been developed with respect for the surrounding environment, integrating naturally with the landscape. All 275 rooms and suites in phase 1 of this project have sea views. With several facilities, the hotel will provide its guests with unique and exclusive experiences based on an extended entertainment program.
This project is set to be managed by a globally recognised hotel operator and is being developed by a world-class developer with a strong track record. Shares are priced at €280,000 and the developer is also offering investors a guaranteed buy-back after six years.
INVESTMENT HIGHLIGHTS:
- Purchase a share in the project for €280,000 (plus fees);
- Call for 245 investors;
- Enjoy a seven day free stay per year;
- Managed by a global 5* hotel brand;
- Developed by an international development company with a strong track record;
- Developer offers a guaranteed buy-back after 6 years;
- IMT Paid by the developer
- VAT Paid by the developer
- IMI exemption during the construction period;
- Expected start of operation: Q4 2025.
HOTEL FACILITIES INCLUDE:
- 275 rooms
- Three swimming pools
- Gym
- Four Restaurants & bars
- Kids Club
- Conference Rooms
- Private Beach Club
For more details on the project please contact our specialist consultants.
This project qualifies as a touristic commercial project and therefore qualifies under Portugal’s new Golden Visa legislation for 2022. Investors can apply for a Portuguese residency visa by purchasing a share in this property at just €280,000 as opposed to €500,000. After five years it is possible for residency holders to then apply for Portuguese Citizenship.
