SOLD OUT! Situated in one of the most historical neighbourhoods of Porto is the stunning new Lapa Hotel which is part of an award-winning, global hotel chain. Surrounded by iconic architecture, the brand new hotel is positioned amongst fine-dining restaurants, exclusive shops, historical buildings and Porto’s vibrant nightlife. The hotel also benefits from breath-taking views of the city skyline. With 159 rooms, including four luxury penthouses, the project also offers a rooftop swimming pool and bar, restaurant, conference facilities and more.
The project is ideal for golden visa investors looking for a secure investment, backed by an international brand, where they can make a predictable return each year. The developers are offering a guaranteed 3% rental return p.a for five years, plus a buy-back option after year six.
hotel FACILITIES:
- 159 room hotel with four suites
- 3% Guaranteed rental return p.a for five years
- Exit strategy after six years.
- Rooftop swimming pool with bar
- Restaurant and room service
- Conference and banqueting facilities
- 24-hour concierge service
- On-site car parking
- Part of a award-winning hotel management company.
Golden visa legislation in Portugal allows a 30% reduction in the qualifying limit through investment in buildings which are 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 €350,000 as opposed to €500,000. After five years it is possible for residency holders to then apply for Portuguese Citizenship.