Apartments in a holiday complex with guaranteed income
Portugal, Evora
€395,000
86 m² • €4,030.61+ m²This property is sold, but we will help you find another one
Elena KozyrevaExpert on real estate and residency after d visas by investment in Portugal
Portugal D7 Visa
6+ monthsNot limitedPortugal 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
€395,000
Price for m²
€4,030.61 — €4,593.02
Purchase taxes
IMT 0%; IMI 0%
State fees
0,8%
Distances
Ocean 134 km
Infrastructure 100 m
Airport 66 km
Yield and management
Yield
4.5%
Property management
Yes
We will help you sell the object if you decide to exit the investment
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)
Real estate
Object type
Apartments
Object category
Renovation
Object stage
Construction
Permits
Yes
Object completion date
end 2024
Design features
Ownership
Characteristics
Total area
86 m² — 98 m²
Number of storeys
3
Bedrooms
1
Baths
1
Parking
Yes
View
City, Pool, Garden
Properties
Elevator
Balcony
Public pool
Concierge desk
SPA
Gym
Garden on the plot
Security
Internet
TV
Restaurant
