Share in the 4-star hotel in the center of Porto

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Portugal, Porto Heli
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ID PRT253500

from €350,000

Property sold
This property is sold, but we will help you find another one
Elena Kozyrevaexpert of the Portugal 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.

Learn more

Cost

Property cost

from €350,000

Purchase taxes

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

State fees

0,8%

Distances

Ocean 6 km
Infrastructure 100 m
Airport 18 km

Yield and management

Yield

4%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

The project is represented by a 4-star hotel located in Porto, the second largest city in Portugal. Nearby is placed all the necessary infrastructure: public and modern shops, restaurants, cafes, as well as attractions. This area is commercial and tourist.
This building was constructed in the 19th century, previously it was the monastery and it successfully preserved to this day. As part of its renovation, an ultra-modern, high-tech and completely ecological 4-star hotel will be created, the first in Porto "without paper and paper". Management will be conducted by the international hotel brand. The renovation will preserve the historic colors of the building and the "Porto atmosphere", while restoring a number of details.
The hotel will consist of 49 comfortable rooms with magnificent views of the picturesque landscapes of the city. The project also includes a large number of ancillary facilities, including a bar and restaurant with a wide selection of food and drinks, a garden, a lounge with a 360-degree panoramic view on the roof.
  • Share value: 350,000 €
  • 4% guaranteed annual income (after the opening of the hotel)
  • Number of rooms: 49
  • Number of investors: 50
  • 7 days free stay per year
  • Option of guaranteed share buyback after 7 years

Real estate

Object type

, Share

Object category

Renovation

Object stage

Design

Permits

Yes

Object completion date

Q4 2024

Design features

Share

Characteristics

Number of storeys

6

Parking

No

View

City, Garden, Road

Equipment

Central conditioning

Properties

Elevator
Balcony
Roof garden
Garden on the plot
Terrace
Internet
TV
Restaurant

Location