SOLD OUT! This exciting new project is situated in the heart of Lisbon, in a charming square, right next to the famous Avenida da Liberdade. The building is currently being renovated and transformed into a high-end, five-star luxury Boutique Hotel. The major construction and rehabilitation of the building have already been completed in 2020, and the internal cosmetic works are now underway. The property will comprise of 35 suites, a restaurant, bar and spa.
Investment Highlights:
- Five-star Boutique Hotel with 35 suites;
- Call for 157 Investors;
- Operation is expected to start Q1 2025;
- Investors receive one weeks of usage per year;
- Facilities include a restaurant, bar and spa;
- 3.5% Rental Return.
Portugal Golden visa legislation 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 a share in this project at just €350,000 as opposed to €500,000. After five years it is possible for residency holders to then apply for Portuguese Citizenship.
