This exciting new investment opportunity is situated in Alfragide, one of Lisbon’s vibrant business centres served by one of the cities major shopping areas.
The new hotel project is designed to provide a space of comfort and tranquillity, enhancing the moments of relaxation for both tourists and business travellers alike. The hotel will be managed by a globally recognised hotel brand and investors will be entitled to seven days of usage per year.
- Purchase a share in the project for €350,000 (plus fees);
- Enjoy seven days free stay per year;
- Managed by a globally recognised hotel brand;
- Developed by an international development company with a strong track record;
- The developer is offering a guaranteed buy-back after 6 years;
- The developer is offering a 3% guaranteed rental return;
- Save €14,300 – IMT Paid by the developer;
- Save €7,800 – VAT Paid by the developer;
- IMI exemption during the construction period;
- Expected start of operation: Q4, 2024.
HOTEL FACILITIES INCLUDE:
- Meeting Rooms
- 225 Hotel Rooms
- Guaranteed rental
For more details on the project and a full breakdown of fees, please contact our specialist consultants.
Providence Global in Portugal allows a 30% reduction in the qualifying limit through investment in buildings which are over 30 years old and in need of renovation work. This project falls into this category so investors can apply for a Portuguese residency visa by purchasing a share in this project at just €350,000 as opposed to €500,000. After five years it is possible for residency holders to then apply for Portuguese Citizenship.