4-star hotel with guaranteed income, Lagos

location icon
Portugal, Sagres
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ID PRT275799

€30,000,000+

Elena KozyrevaExpert on real estate and residency after d visas by investment in Portugal
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Portugal D7 Visa

6+ monthsNot limited

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

€30,000,000+

Purchase taxes

IMT - 7%; IMI - 0,3 - 0,8%

State fees

0,8%

Distances

Ocean 100 m
Infrastructure 100 m
Airport 90 km

Yield and management

Yield

3-5%

Property management

Yes

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

Description

This object is located in the city of Lagos (Portugal). Nearby there is all the necessary infrastructure: supermarkets, restaurants, cafes, a golf course, beaches with a large flow of tourists and visitors. This area has good transport accessibility, just in 5 min. you can get to the city center. In 20 km. there is a large city of Sagres.

For sale is offered a 4-star hotel (75 apartments with the possibility of increasing to 110), the windows of which overlook the ocean, swimming pools, landscaped gardens and the surrounding landscape. Modern architecture, stylish design, decoration in light colors contribute to a comfortable stay. Large windows fill the rooms with natural light. Guaranteed income - 8.5%. EBITDA for 2021 amounted to 2 300 000€.

Advantages of the project:

  • direct access to the beach (100 m.)
  • panoramic ocean view
  • restaurant/bar
  • gym
  • large terraces
  • bath/sauna
  • 3 swimming pools with relaxation area
  • landscaped gardens
  • availability of parking
  • wellness center with hot tub

Real estate

Object category

New

Object stage

Ready

Permits

Yes

Design features

Ownership

Characteristics

Plot area

23,000 m²

Number of storeys

2

Parking

No

Renovation

Standard

View

Ocean, City, Pool, Garden, Road

Equipment

Central conditioning

Properties

Balcony
Public pool
SPA
Gym
Garden on the plot
Terrace
Internet
TV
Restaurant

Location

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