Located in the charming town of Portimão, within the heart of the Algarve, is this fantastic new five-star resort. Situated just a few meters from Vau Beach, the hotel features three outdoor swimming pools, a spa, a gym, a kids club, an exclusive private beach club close to the hotel, and a variety of relaxation areas and amenities.
Phase III of this hugely popular project is now available to Golden Visa investors at €400,000 for a share in the hotel. The developer is offering investors a 4% guaranteed rental return and a buy-back after six years. Phase I and II of the project are now fully subscribed.
The hotel’s architecture, interiors and exteriors have been developed with respect for the surrounding environment, integrating naturally with the landscape. All 435 rooms and suites have sea views. With several restaurants and bars, the resort will provide its guests unique and exclusive experience with an extended entertainment program. This project is set to be managed by a globally recognised hotel operator and is being developed by a world-class developer with a strong track record.
INVESTMENT HIGHLIGHTS:
- Purchase a share in the project for €400,000 (plus fees);
- Call for 150 investors;
- Enjoy a seven day free stay per year;
- Managed by a global 5* hotel brand;
- Developed by an international development company with a strong track record;
- Developer offers a guaranteed buy-back after 6 years;
- Developer offers a guaranteed rental return of 4% p.a;
- IMT Paid by the developer
- VAT Paid by the developer
- IMI exemption during the construction period;
- Expected start of operation: Q4 2025.
- Phase I and II are full subscribed.
HOTEL FACILITIES INCLUDE:
- 435 rooms
- Three swimming pools
- Gym
- Four Restaurants & bars
- Kids Club
- Conference Rooms
- Private Beach Club
For more details on the project please contact our specialist consultants.
This project qualifies as a touristic commercial project and therefore qualifies under Portugal’s new Golden Visa legislation for 2022. Investors can apply for a Portuguese residency visa by purchasing a share in this property at just €280,000 as opposed to €500,000. After five years it is possible for residency holders to then apply for Portuguese Citizenship.
