St. Julians, Malta
Dragonara Business Centre, Office 506, Dragonara Road,
Paceville, St Julian’s, STJ 3141 Malta
+356 (277) 811-04
Vienna, Austria
Doblhoffgasse 9, 1010
+43 (650) 540-49-79
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Main / Property / Португалия /

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

Portugal, Algarve
ID PRT53410
Object sold
Share in a hotel complex on the coast of Portugal managed by an international hotel group
€280,000
Portugal, Algarve
1 bed
1 bathroom
ID PRT53410

Cost

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

50m to the ocean
87km to the airport
Infrastructure within a radius 500m

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 2022

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

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Real estate

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

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

Properties

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

Location

Object sold
€280,000

This property has been sold but we can help you find another one.

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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Schedule a meeting

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.

Zlata Erlach Caribbean Investment Program Expert
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