This exciting new beachfront resort is located in the popular town of Alvor, in the heart of the Algarve, set amongst 300 kilometres of gorgeous coastline
The luxurious five-star Resort will have 193 stylish rooms and suites, a regional restaurant, spa, gym, kids club, paddle tennis court, a mini golf course and a magnificent rooftop bar where guests can enjoy the sunshine. The sleek yet traditional architecture of the building blends local charm with a fresh modern outlook and is framed perfectly by an array of natural landscaped gardens. The setting offers panoramic views over a 50m-long swimming pool, tropical gardens and pine trees, that finally meet a thin line of the Atlantic Ocean stretching to the horizon.
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. Shares are priced at €280,000 and the developer is also offering investors a guaranteed buy-back after six years.
INVESTMENT HIGHLIGHTS:
- Purchase a share in the project for €280,000 (plus fees);
- Call for 360 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;
- IMT Paid by the developer €10,010
- VAT Paid by the developer €23,561
- €100.8 M Investment project
- IMI exemption during the construction period;
- Expected start of operation: Q4 2025.
HOTEL FACILITIES INCLUDE:
- 193 rooms
- Swimming pools
- Gym
- Spa
- Three restaurants & three bars
- Kids Club
- Conference Rooms
- Ball Room
- Mini Golf
- Paddle Courts
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.