Share in a 4-star hotel with a guaranteed return managed by a world-class hotel group

Portugal, Porto
ID PRT54741

Price

Prices 350 000 €
Purchase taxes IMT 0%; IMI 0,3-0,8% paid after the hotel is ready
State fees 0,8%
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Distances

7km to the ocean
20km to the airport
Infrastructure within a radius 500m

Description

Share in the renovation project (investment option €350,000) – 4-star hotel in Porto, managed by the Renaissance group.

The hotel is located in one of the historic districts of Porto, on a hilltop overlooking the cityscape, close to the main attractions and infrastructure of Porto. The hotel consists of 76 apartments.

The project is designed for 95 investors.

  • Investment amount 350 000€
  • Municipal tax IMT is paid by the developer for each investor 16 875€, IMI tax 0.3-0.8% the investor starts paying after the completion of the project
  • VAT on rehabilitation work is paid by the developer for each investor
  • Mandatory redemption of a share after 6 years for the same investment amount
  • Guaranteed annual return of 3%
  • 7 days free stay per year
  • The opening of the hotel is planned for the 4th quarter of 2024
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Real estate

Object type Hotel, Share
Object category New house
Object stage Construction
Permits On hand
Object completion date 4Q 2024
Design features Share
Possibility of stay 7 days a year
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Characteristics

Number of storeys 5
Parking Yes
View city
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Equipment

Properties

Elevator
Balcony
Public pool
Concierge desk
SPA
Gym
Garden on the plot
Security
Terrace
Internet
TV

Location

Object sold
350 000 €
Zlata Erlach investment
programs expert
Portugal Golden Visa

Real estate is eligible for participation in the program and obtaining a residence permit in Portugal.

Immigrant Invest is the official representative of the program.

€250,000+ Investment amount
2-6 months Obtaining period
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