Share in a 5-star boutique hotel in a prestigious area of Lisbon

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Portugal, Lisbon
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ID PRT205542

from €350,000

Property sold
This property is sold, but we will help you find another one
Elena Kozyrevaexpert of the Portugal residence permit program for investment
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Portugal D7 Visa

4+ months€820+

Portugal does not grant residence permits for investments in real estate under the Golden Visa program.

However, property purchase or rental is obligatory when obtaining a residence permit under a D7 visa.

Learn more

Cost

Property cost

from €350,000

Purchase taxes

IMT 8%; IMI 0,3-0,8%

State fees

0,8%

Distances

Ocean 18 km
Infrastructure 500 m
Airport 8 km

Yield and management

Yield

3.2%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

The project is presented by a 5-star luxury boutique hotel located in Piazza Alegria next to Avenida da Liberdade. Avenida da Liberdade is the most famous and prestigious street and the main central business district of Lisbon.
The existing building, built in 1796, will be completely refurbished into a luxurious high class hotel with all the details and finished ceilings. It will have 35 suites equipped with all high class amenities. The restaurant will strive to become one of the finest restaurants in Lisbon with exquisite service. The SPA center will allow the guest to relax and enjoy the refined atmosphere. The goal of the project is to create a reference hotel in Lisbon, in a prime location focused on the luxury market.
Investment program:
  • Investment amount: 350 000€
  • Number of rooms: 35
  • Number of investors: 157
  • An advance payment of 3,5% of the initial investment per year for the first 5 years
  • From the 6th year payment €8500 per year
  • after 7 years the project will be sold, the 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 2 weeks a year during the entire duration of the program with breakfast included
  • Letter to Investors: Q4 2022
  • Expected commissioning: Q1 2025

Real estate

Object type

, Share

Object category

Renovation

Object stage

Construction

Permits

Yes

Object completion date

1Q 2025

Design features

Share

Characteristics

Number of storeys

6

Parking

No

View

City

Properties

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

Location