Share in a hotel complex on the coast of Portugal managed by an international hotel group

Share in a hotel complex on the coast of Portugal managed by an international hotel group
Portugal, Algarve
ID – PRT53410
Price
280 000 €
Beds
1
Bathrooms
1

Price

Selling price 280 000 €
Purchase taxes IMT - 7%; IMI - 0,3-0,8%
State fees 0,8%

50m

to the ocean

87km

to the airport

500m

infrastructure

Profitability and management

Real estate yield (year) 0%
Property management Yes

Assistance in the sale of the object upon exiting the investment!

Description

For sale there is a share in a new hotel complex, which is distinguished by its privileged location, offering magnificent views of the Lagos marina and the blue waters of the Atlantic. Algarve is not only golden beaches and azure waters, but also a multifaceted destination with a rich history.

The complex consists of a 4-star hotel and a 3-star hotel managed by an international hotel group. Hotels are designed for 270 rooms. With exquisite architecture, surrounded by gardens, stunning views of the ocean and marina, the hotels are a holiday concept in a popular destination for the whole family.

Main characteristics:

  • Pools kitchenette pool bar
  • Restaurant
  • Garden with terrace view
  • Gym
  • Parking with sea view
  • Private terrace

Details of the investment program:

  • The project is designed for 385 investors
  • Investment amount 280 000€
  • Municipal tax IMT is paid by the developer for each investor 11 375€
  • Exemption from IMI during the construction period
  • VAT on rehabilitation work is paid by the developer for each investor
  • Guaranteed share buyback after 6 years
  • No profitability
  • 7 days free stay
  • The opening of the hotel is planned for the summer of 2024
  • Recruitment of investors: until July 2022

The property is eligible for the €280,000 option.

The property

Object type Hotel, Share
Object category New house
Object stage Design
Permits In the process of receiving
Object completion date summer 2024
Design features Ownership, Share
Possibility of stay 7 days

Characteristics

Number of storeys 4
Bedrooms 1
Baths 1
Parking Yes
View ocean, city

Equipment

Properties

Elevator Balcony Private pool
Concierge desk Gym Garden on the plot
Security Terrace Internet
TV Restaurant

Location

Portugal, Algarve

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Svetlana
Gorchakova

Sales Director