SOLD OUT! This exciting new beachfront resort is located in the popular town of Alvor, in the heart of the Algarve, set amongst 300 kilometres of gorgeous coastline
The luxurious five-star Resort will have 193 stylish rooms and suites, a regional restaurant, spa, gym, kids club, paddle tennis court, a mini golf course and a magnificent rooftop bar where guests can enjoy the sunshine. The sleek yet traditional architecture of the building blends local charm with a fresh modern outlook and is framed perfectly by an array of natural landscaped gardens. The setting offers panoramic views over a 50m-long swimming pool, tropical gardens and pine trees, that finally meet a thin line of the Atlantic Ocean stretching to the horizon.
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 360 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 €10,010
- VAT Paid by the developer €23,561
- €100.8 M Investment project
- IMI exemption during the construction period;
- Expected start of operation: Q4 2025.
HOTEL FACILITIES INCLUDE:
- 193 rooms
- Swimming pools
- Gym
- Spa
- Three restaurants & three bars
- Kids Club
- Conference Rooms
- Ball Room
- Mini Golf
- Paddle Courts
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.
