4-star hotel with guaranteed income, Lagos
from €30,000,000
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 moreCost
Property cost
from €30,000,000
Purchase taxes
IMT - 7%; IMI - 0,3 - 0,8%
State fees
0,8%
Distances
Yield and management
Yield
3-5%
Property management
Yes
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 type
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
58 m²
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