This brand new project comprises of two studio apartments and 13 duplex apartments, all freehold units which are part of a new Boutique hotel, inspired by the local nature surrounding the development.
The hotel is located in the charming town of Torrão in the heart of the Alentejo region, which is just over 30 minutes from Alcácer do Sal and the city of Evora. The property is surrounded by beautiful landscapes with picturesque views across the river and countryside. This area is a haven for nature lovers who enjoy outdoor activities such as fishing, cycling, canoeing, walking and more. The region of Alentejo is well known for its vast gastronomy offering and the landscape is rich with olive and cork trees and home to some of the country’s finest vineyards.
The project is designed with a sleek contemporary feel paired with natural elements, including local wood, to complement the surrounding nature. All apartments benefit from a private terrace and balcony with stunning views overlooking the river. In front of the main building, guests can pick between the outdoor swimming pool or the natural river of Vale de Gaio, where the hotel benefits from its own private beach. Amenities also include an in house restaurant providing a “farm to the table” experience, serving fresh local produce. There is also private parking for owners and guests.
Investors will benefit from flexible rental returns from this project.
Due to the low density population in this location the minimum amount required for the Golden Visa is reduced by 20% to €400,000 (as opposed to €500k), enabling non-European citizens and their families to obtain Portuguese residency visas.