Share in a hotel in Alentejo.
Description
The project involves the reconstruction of a historic palace with a view to developing a modern luxury hotel with a restaurants, an outdoor terrace, a bar, a panoramic watchtower, a park. The hotel has 45 rooms.
Completion: beginning of 2025.
Advantages
- The term of ownership of a share is 6 years. There is a mandatory buyback of the share by the management company after 6 years of ownership for the same investment amount.
- The investor has the opportunity to stay at the hotel for 1- 3 weeks annually.
- Municipal Tax (IMT) is returned to the investor by the government.
Financial performance
The expected yield is 4–6% per annum.
Tenants
The operator is a well-known international hotel chain.
Transaction costs
- Legal fees;
- Notary costs;
- Stamp duty;
- etc.
Location and nearby infrastructure
The property is located in the center of Alentejo, 2 hours drive from Lisbon and close to the Spanish border.
This is a family-friendly city more than 2500 years of history where you can easily get around on foot or by bicycle. A step away from the sea, the capital Lisbon and neighbouring Spain.
