5-Star Branded Algarve Hotel 1 & 2 Bedroom Freehold Residences (Completed) - 4% annual returns with 12 weeks usage

 Portugal Residency / Posted 2 months ago by Peter Lilliott / 136 views

The 5-star Golden Visa eligible Hotel is located in the Algarves (and one of Europe’s) most exclusive resort neighbourhoods ‘Quinta Do Lago’. The hotel is set within a nature reserve where no further construction is permitted, lies in close proximity to 5 championship golf courses, a high-performance sports center, high fashion outlets, and high-end restaurants, and is just 20 minutes drive from Faro Airport. On sale are one, two, and three bedroom apartment residences from 534,000 EUR.
 
Investors can enjoy guaranteed returns of 4% for a period of 5 years including 12 weeks of annual usage along with a complimentary 3-year membership with the registry collection (The world’s largest luxury exchange program with more than 240 vacation properties). Residence owners can utilize the hotel’s luxurious facilities which include a fine dining restaurant, spa, gym, steam rooms, jacuzzis, sauna, indoor and outdoor swimming pool, fashion shops, and a kids club.
  • Enables residence and/or citizenship in:: Portugal
  • Enables owner's visa-free travel to:: EU/Schengen
  • Price range: US$500,000 - US$1 million
  • Ownership type: Freehold, Leasehold
  • Minimum holding period to maintain residence/citizenship status: 5 years
  • Construction status: Completed
  • Property type: Apartment, House/Villa, Land, Hotel rooms/shares
  • Income-generating property: Yes
  • Annual maintenance costs borne by the buyer: No
  • No. of rooms: 1, 2
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