Share in a 5-star boutique hotel in a prestigious area of Lisbon
Portugal, Lisbon
€350,000+
This 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
€350,000+
Purchase taxes
IMT 8%; IMI 0,3-0,8%
State fees
0,8%
Distances
Ocean 18 km
Infrastructure 500 m
Airport 8 km
Yield and management
Yield
3.2%
Property management
Yes
We will help you sell the object if you decide to exit the investment
Description
The project is presented by a 5-star luxury boutique hotel located in Piazza Alegria next to Avenida da Liberdade.
Avenida da Liberdade is the most famous and prestigious street and the main central business district of Lisbon.The existing building, built in 1796, will be completely refurbished into a luxurious high class hotel with all the details and finished ceilings. It will have 35 suites equipped with all high class amenities. The restaurant will strive to become one of the finest restaurants in Lisbon with exquisite service. The SPA center will allow the guest to relax and enjoy the refined atmosphere.
The goal of the project is to create a reference hotel in Lisbon, in a prime location focused on the luxury market.Investment program:
- Investment amount: 350 000€
- Number of rooms: 35
- Number of investors: 157
- An advance payment of 3,5% of the initial investment per year for the first 5 years
- From the 6th year payment €8500 per year
- after 7 years the project will be sold, the profit is shared with the investor 50 to 50% - 50 to the investor, 50 to the developer.
- The client can book a room for up to 2 weeks a year during the entire duration of the program with breakfast included
- Letter to Investors: Q4 2022
- Expected commissioning: Q1 2025
Real estate
Object type
, Share
Object category
Renovation
Object stage
Construction
Permits
Yes
Object completion date
1Q 2025
Design features
Share
Possibility of stay
14 days per year
Characteristics
Number of storeys
6
Parking
No
View
City
Properties
Elevator
Balcony
Public pool
Concierge desk
SPA
Garden on the plot
Security
Internet
TV
Restaurant
Location
Portugal: best offers
Other offers
