Share in a 5-star hotel managed by an international hotel brand

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Portugal, Santarem
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1 Bedrooms
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1 Baths
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ID PT254917

€280,000+

Property sold
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
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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

€280,000+

Purchase taxes

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

State fees

0,8%

Distances

Ocean 186 km
Infrastructure 100 m
Airport 116 km

Yield and management

Yield

4-6%

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 hotel located in the center of a historical village dating back to the Templars (Póvoa e Meadas) and surrounded by the extensive São Mamede Natural Park, considered the park with the most biodiversity in Portugal. This unspoiled and idyllic environment, calm and peaceful, is 2 hours from Lisbon and close to the Spanish border.
A luxury hotel managed by an international hotel brand will be created as part of the renovation process of a historic building. The project will consist of 50 exquisite and luxurious rooms, an upscale restaurant, a bar, a spa, a swimming pool, an observation tower, a tea pavilion, baroque gardens and a wedding venue with a church built by the Templars.
  • The cost of the share is 280 000€
  • 4-6% expected return
  • After 5 years, investors will receive a return on their initial investment plus half of the value added (capital gain) from the sale of the hotel
  • The construction will be completed at the end of 2024, and the opening of the hotel is scheduled for the first quarter of 2025
  • Property Transfer Tax (IMT) is paid by the developer
  • VAT included in the investment amount
  • 1 week free stay per year

Real estate

Object type

Hotel complex, Share

Object category

Reconstruction

Object stage

Construction

Permits

Yes

Object completion date

4Q 2024

Design features

Share

Possibility of stay

1 week per year

Characteristics

Bedrooms

1

Baths

1

Parking

Yes

View

City, Garden

Properties

Elevator
Balcony
Public pool
Pantry
SPA
Barbecue area
Garden on the plot
Terrace
Internet
TV
Restaurant

Location

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