SOLD OUT! This brand new hotel is part of the rehabilitation of properties in the city of Porto, giving new life to the history and culture that surrounds it. The 95 room hotel is managed by a world-famous brand with over 2,700 existing projects worldwide. Located within the Boavista area of the city, Porto’s main business district, the project is situated close by to several large corporations and business parks as well as major shopping centres, including a new El Corte Ingles mall. The prime location will attract both business travellers and tourists alike.
Hotel facilities will include a lounge bar, meeting rooms and a breakfast area.
HIGHLIGHTS:
- €350,000 per investor;
- Guaranteed buy-back after 6 years;
- 3% guaranteed rental return- to be paid one year after operation begins;
- Managed by a world-famous 3* hotel brand with 2,700 locations worldwide;
- 7 days free stay per year;
- 95 rooms;
- Scheduled to open Q1 2023;
- Tax-exempt: IMT paid by the developer – saving investors €16,350; and
- VAT paid by the developer – saving investors a further €7,920 on purchasing costs.
Contact our team for more details.