Apartments in a holiday complex with guaranteed income
Portugal, Evora
ID PRT58268
Object sold
Apartments in a holiday complex with guaranteed income
€395,000
66 m² • €5,985 m²
Portugal, Evora
66 m²
1 bed
1 bathroom
ID PRT58268
Cost
| Property cost | €395,000 |
| Price for m2 | €5,985 |
| Purchase taxes | IMT 0%; IMI 0% |
| State fees | 0,8% |
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Distances
Ocean 134km
Airport 66km
Infrastructure 100m
Yield and management
| Yield | 4.5% |
| Property management | Yes |
Description
A luxury resort in an iconic building that was once a monastery and later turned into the most famous olive oil factory in the area, Sofal. The investment project includes the restoration of the monastery, built in 1590. It will be transformed into a luxury resort with 70 suites, spa, outdoor and indoor pools, two stylish restaurants, gardens and villas.
The project aims to restore the attractiveness of the monastery, providing a pleasant and comfortable stay at any time of the year. The resort will be managed by an international hotel brand. The historical uniqueness of the building will be preserved by combining modern luxury details and the charm of classic pieces of furniture.
Investment program:
- Investment meets the requirements of the Portuguese Golden Visa Program
- The total investment of 10,340 million euros will be divided into 32 investment slots
- 9 apartments at a price of 395,000 €
- With a 3-year guaranteed income of 4.5%, paid in a lump sum (upon signing the lease agreement). Estimated profit for the 4th year 3.89% per annum.
- 7 days free stay every year
- Exemption from IMT and IMI (property taxes)
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Real estate
| Object type | Apartments |
| Object category | Renovation |
| Object stage | Construction |
| Permits | On hand |
| Construction start date | end of 2022 |
| Object completion date | end 2024 |
| Design features | Ownership |
| Possibility of stay | 7 days a year |
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Characteristics
| Total area | 66 m² |
| Number of storeys | 3 |
| Bedrooms | 1 |
| Baths | 1 |
| Parking | Yes |
| View | city, pool, garden |
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Equipment
Properties
Elevator
Balcony
Public pool
Concierge desk
SPA
Gym
Garden on the plot
Security
Internet
TV
Restaurant
Location
Object sold
€395,000
66 m² • €5,985 m²
This property has been sold but we can help you find another one.
Zlata Erlach investmentprograms 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 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
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