Cicioso Boutique Hotel

 Portugal Residency / by Ricardo Santos / 296 views

Cicioso is the new Boutique Hotel that is born from the rehabilitation of a noble building in the center of Évora, by architect Raul Lino.

Cicioso Boutique Hotel consists of 9 suites and 6 studios that benefit from a swimming pool, lounge, dining room, tea room, conservatory and a communal outdoor garden.

The Cicioso Boutique Hotel has a privileged location in the center of Évora, one of the main tourist centers of Portugal and one of the cities with the largest national and historical tradition in the world.

Co-investment in the boutique hotel Cicioso is made in (20) quotas of 280 000€ with associated income of 4% per year for 3 or 5 years, starting in January 2024. An excellent investment eligible for GOLDEN VISA that also benefits from 7 days of free stay per year.

The Évora region has a rich past dating back thousands of years, from neolithic to present, with marks of the Roman Empire, Muslim invasions and Catholic reconquest – mixing influences of religion, culture and gastronomy.

Conquered by the Portuguese from the Moors in 1165, this city-museum reached its golden age in the 15th century, when it became the residence of the Portuguese kings. In 1986, the historic center of Évora, for its wealth, was declared a UNESCO World Heritage Site.

Évora and in particular Cicioso Boutique Hotel are currently a safe investment that benefits from a limited offer.

  • Listing ID: 71233
  • Enables residence and/or citizenship in:: Portugal
  • Enables owner's visa-free travel to:: EU/Schengen
  • Price range: US$250,000 - US$500,000
  • Ownership type: Leasehold
  • Minimum holding period to maintain residence/citizenship status: No minimum
  • Construction status: For renovation
  • Property type: Hotel rooms/shares
  • Income-generating property: Yes
  • Annual maintenance costs borne by the buyer: Yes
  • No. of rooms: 1
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