Share in luxury 5-star boutique hotel not far from Lisbon

Share in luxury 5-star boutique hotel not far from Lisbon
Share in luxury 5-star boutique hotel not far from Lisbon
Share in luxury 5-star boutique hotel not far from Lisbon
Share in luxury 5-star boutique hotel not far from Lisbon
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Portugal, Santarem
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ID PRT264895

from €350,000

Zlata Erlachexpert of the Greek residence permit program for investment
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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.

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Cost

Property cost

from €350,000

State fees

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

Distances

Ocean 60 km
Infrastructure 100 m
Airport 24 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

This object is located near the town of Santarém (Torre Novas). Built in the 17th century, this unique palace with a Neo-Manueline tower was rebuilt by famous architects at the end of the 19th century. Inside the mansion are sumptuous rooms with fireplaces, painted ceilings and 19th-century tiled panels. The large swimming pool is surrounded by gardens. The grounds also include a chapel, stables, a wine cellar, lakes, streams, and extensive farmland.
This building will be redeveloped as a luxury boutique hotel with 10 unique suites, surrounded by a new 5-star hotel with 150 suites with high-end facilities, nature, relaxation and comfort.
Three phases are expected:
conversion of an existing palace into a 5* luxury boutique hotel (Phase 1) construction on an area of ​​20,000 sq.m. luxury hotel segment with 150 large rooms, fully equipped with SPA, indoor and outdoor pools, sauna, hammam, gym, relaxation areas (2 and 3 phase)
The resort has walking paths that cross the river and cross the area to the old Roman road known as "Via XVI", which used to connect Lisbon with Braga. Orchards, vegetable gardens, horseback riding, etc. are also planned. This oasis of relaxation and comfort is only 1 hour from Lisbon.
Project advantages:
  • share value 350 000€
  • 60 investors
  • 4.5% * 5 years (total amount €78,750, paid in advance 30 days after the transaction)
  • 3% from year 5 onwards (€10,500, payable at the beginning of each year)
  • IMT, stamp duty, notary and registration with developer support
  • 10 days stay per year after opening
  • 10 year investment cycle
  • guaranteed buyback for the total investment
  • nearly 60 acres of land

Real estate

Object type

Hotel complex, , Share

Object category

Renovation

Object stage

Construction

Permits

Yes

Design features

Share

Characteristics

Plot area

20,000 m²

Parking

No

Renovation

Standard

View

City, Pool, Garden, Road

Equipment

Central conditioning

Properties

Elevator
Balcony
Public pool
SPA
Gym
Sauna
Garden on the plot
Fireplace
Terrace
Internet
TV

Location

Schedule a meeting

Let's discuss the details

We will develop an individual solution, select a country and status that will solve your problems, and accompany the entire process.

Zlata Erlach
Zlata Erlach

Head of the Austrian office

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