Beach Resort in Alvor with only 280,000 Investment

 Portugal Residency / by David Lincoln / 42 views

General Information

The Project composes a beautiful and elegant option set amidst lush gardens and natural landscapes. You’ll be treated to breathtaking panoramic views of a 50 meter-long swimming pool, tropical gardens, pine trees, and the Atlantic Ocean in the distance.

This 5-star resort boasts 193 sophisticated rooms and suites, a regional restaurant, spa, gym, kids’ club, paddle tennis court, mini golf course, and a stunning rooftop for soaking up the sun’s rays. The updated design reflects the unique identity of Alvor, solidifying its reputation as a top destination for sun-seeking families around the world. All of this is nestled along a 300-kilometer coastline, offering endless opportunities to make unforgettable memories.

Portuguese Golden Visa Investment

The Resort qualifies for the Portuguese Golden Visa project under the 280,000 Euro category, countng with 360 investors in a co-ownership structure.

The developer will cover the IMT fee and the VAT is already included. Investors will also receive a 7-day complimentary stay at any of the Developer’s Properties hotel in Portugal. The project is expected to launch in July 2023 and is expected to be completed by the fourth quarter of 2025.

The Developer

The developer of the Hard Rock Hotel Portugal has an extensive track record of success in developing Portugal Golden Visa properties that are managed by international brands. Moreover, they currently have a portfolio consisting of many operational hotels throughout Europe, which will be great for owners when they want to make use of their 7 free annual owner’s nights at one of these amazing properties. The development team prides themselves on delivering high quality hospitality services to guests from around the world.

The Beach Resort Location

The village of Alvor is a beautiful blend of history and nature, located near Portimão. Taking a stroll through the streets of Alvor is a delightful experience that engages all the senses. The village boasts a harmonious ecosystem where the scenic river flows alongside famous beaches with golden sands and crystal-clear waters, typical of the southern coast of Algarve.

For the travelers that stroll through the village, you will come across marvelous ancient monuments and hundred-year-old churches scattered along streets made of white cobblestone. The streets are home to renowned Michelin restaurants, traditional taverns serving regional delicacies, and the typical cuisine of the area. Visitors can also see traces of Celtic civilizations everywhere, from the architectural structures to the marabouts. Even the village’s former name, Al-Bûr, reflects its Celtic roots.

This itinerary offers travelers a chance to experience the most breathtaking section of Portimão’s coastline, with incredible viewpoints overlooking the Atlantic. It’s the perfect spot to soak in the extraordinary sunsets of southern Portugal.

  • Listing ID: 80451
  • Enables residence and/or citizenship in:: Portugal
  • Enables owner's visa-free travel to:: EU/Schengen, United States (ESTA), United Kingdom, Canada, Australia, Hong Kong, Singapore
  • Price range: US$250,000 - US$500,000
  • Ownership type: Shares
  • Minimum holding period to maintain residence/citizenship status: 5 years
  • Construction status: Pre-construction
  • Property type: Hotel rooms/shares
  • Income-generating property: No
  • Annual maintenance costs borne by the buyer: No
  • No. of rooms: More than five
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