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Main / Property / Portugal /

Share in a 4-star boutique hotel in the historic center of Évora

Portugal, Evora
ID PRT205543
Portugal residence permit for the real estate purchase in Evora
Residence permit in Portugal by investment in real estate in Evora
Portugal residence permit for the real estate purchase in Evora
Residence permit in Portugal by investment in real estate in Evora
Object sold
Share in a 4-star boutique hotel in the historic center of Évora
€280,000
Portugal, Evora
ID PRT205543

Cost

Property cost €280,000
Purchase taxes IMT 7%; IMI 0,3-0,8%
State fees 0,8%
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Distances

100km to the ocean
119km to the airport
Infrastructure within a radius 500m

Description

The project is presented by a 4-star boutique hotel in the historical center of Evora, which is one of the five most visited cities in Portugal. The hotel is located within the city walls, very close to the Roman Temple of Diana, Piazza Giraldo or the Chapel of the Bones. It was built as a full-fledged monastery in 1531, but was never completed. The project is fully approved for a 4-star superior boutique hotel that combines heritage and modernity. The existing building will be completely renovated and modernized. All important historical characteristics will be preserved, creating perfect symbioses with the new wing to be built. It will have 51 rooms with modern decor, creating a clear and sophisticated contrast with the heritage of the monastery.
The project will also have a beautiful garden with swimming pool and spa.

Investment program:

  • Investment amount: 280 000€
  • Number of rooms: 51
  • Number of investors: 98
  • An advance payment of 3.5% of the initial investment per year for the first 5 years, which corresponds to 49,000€
  • after 7 years the project will be sold profit is shared with the investor 50 to 50% – 50 to the investor, 50 to the developer
  • The client can book a room for up to 4 weeks per year during the entire duration of the program, divided into 1 week in the high season, 1 week in the middle season and 2 weeks in the low season.
  • Message to investors: 2022
  • Expected start of operation: 2025
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Real estate

Object type Hotel, Share
Object category Renovation
Object stage Design
Permits On hand
Object completion date 2025
Design features Share
Possibility of stay 4 weeks per year
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Characteristics

Number of storeys 4
Parking type
Number of parking spaces
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Equipment

Properties

Elevator
Balcony
Public pool
Concierge desk
SPA
Garden on the plot
Internet
TV
Restaurant

Location

Object sold
€280,000
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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Let’s discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

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