SOLD OUT! This brand new hotel is located in the charming and historical city of Evora and will be managed by a world-famous hotel brand. The 72 room property is located within a five-minute walk from all the cities major tourist hot spots including ancient Roman ruins and the cities famous University. Evora will also be one of the stopping points for the new high-speed railway which will run between Lisbon and Madrid. Hotel facilities will include a swimming pool, lounge bar, meeting rooms and a breakfast area.
HIGHLIGHTS:
- €280,000 per investor;
- Guaranteed buy-back after 6 years;
- Managed by a world-famous 3* hotel brand with 2,700 locations worldwide;
- 7 days free stay per year;
- 72 rooms;
- Scheduled to open Q1 2023;
- Tax exempt (IMT) – saving investors €15,600 on purchasing costs.
- Construction already 30% complete
Limited shares available, contact our team for more details.
Portugal’s Category 65 A-D Golden Visa legislation allows a reduction in the qualifying limit through investment in buildings which are located in a low density populated area, over 30 years old and in need of renovation work. This project falls into this category so investors can apply for a Portuguese residency visa by purchasing these properties at just €280,000 as opposed to €500,000. After five years it is possible for residency holders to then apply for Portuguese Citizenship.
