€280k Golden Visa Eligible Boutique Hotel Investment in Evora - Upfront Return of €70,000

 Portugal Residency / Posted 2 months ago by Peter Lilliott / 246 views

Portugal Golden Visa 280,000 EUR Eligible Hotel Investment The key points are summarised below:

  • Prime location within the city walls of the world heritage centre of Evora (1.5 hours from Lisbon)
  • The Hotel will feature 51 Rooms, a Swimming Pool, Luxury Gardens in a hotel that combines historic tradition and modern luxury
  • Investment of just 280,000 EUR 
  • Upfront return of 70,000 EUR (5% over 5 years)
  • 4 weeks annual stay at the hotel
  • Initial Investment Return plus 50% of any additional capital appreciation from the sale

The upcoming Relais Chateaux branded Boutique Hotel in the historical centre of the charming Portuguese Town of Evora (one of Portugal’s 5 most visited towns)  is the most exciting 280k eligible project now on the market. Just 1.5 hours from Lisbon, the hotel will be located within the World Heritage City Walls close to the famous Roman temple of Diana, the Giraldo Square and the Bone Chapel. The existing structure is that of a 16th Century Convent that was built in 1531 but never completed. This year it will begin refurbishment and be modernised into a boutique hotel that combines luxury with tradition. The developer crucially will maintain key historical and heritage characteristics a requirement for such projects. Given that this project is located in a low density area of Portugal AND that it meets the requirements for a golden visa eligible refurbishment category project those that invest into this project can qualify for the Portuguese Golden Visa with an investment of just 280.000 EUR. The developer is raising a total of 27.4 million in investment by pooling together a total of 98 investors who each own an equal 280,000 EUR fractional share of the entire project.  While the estimated completion date is 2025, the developer is generously offering developers a 5% upfront return for the first 5 years which works out at 70,000 EUR. The developer will sell the asset between years 6 and 7 and 50% of any added value from the sale above the initial investment will be shared with the investors. Additionally clients are entitled to 4 weeks complimentary usage of a hotel room each year including 1 week during high season and 2 weeks during mid season. The hotel will feature 51 rooms, a spa, beautiful gardens and a swimming pool and given its prime location and design this asset has the potential to become one of the most exclusive hotels within the city walls of Evora.

  • 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: Freehold, Shares
  • Minimum holding period to maintain residence/citizenship status: 5 years
  • Construction status: Under construction, Pre-construction, For renovation
  • Property type: Hotel rooms/shares
  • Income-generating property: Yes
  • Annual maintenance costs borne by the buyer: No
  • No. of rooms: 1, 2, 3, 4, 5, More than five
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