SOLD! Situated in a privileged location, this fantastic new project will benefit from superb views overlooking the nearby Marina and the surrounding blue waters of the Atlantic Sea. Investors can purchase a share in this stunning project which comprises of two contemporary hotels within one property.
Both hotels are set to be managed by a globally recognised hotel brand and are being built by a renowned developer with a strong track record. Shares are priced at €280,000 and the developer is also offering a guaranteed buy-back after six years.
INVESTMENT HIGHLIGHTS:
- Purchase a share in the project for €280,000 (plus fees);
- Enjoy seven days free stay per year;
- Managed by a global hotel brand;
- Developed by an international development company with a strong track record;
- Developer offers a guaranteed buy-back after 6 years;
- Save €11,375 – IMT Paid by the developer;
- Save €24,150 – VAT Paid by the developer;
- IMI exemption during the construction period;
- Expected start of operation: Summer 2024.
HOTEL FACILITIES INCLUDE:
- Two Hotels
- Swimming Pools
- Kitchenette
- Pool Bar
- Deck View
- Sunken Garden
- Restaurant
- Gym
- Car Parking
- Sea Views
- Private Terrace
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.
