Share in a five-star boutique hotel in the center of Lisbon.
Description
The project involves the reconstruction of a historic building with a view to developing a modern luxury boutique hotel with a spa area and a restaurant. The hotel has 35 rooms.
Completion: first quarter 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 2 weeks annually.
- Municipal Tax (IMT) is returned to the investor by the government.
- There is no Annual Tax on Enveloped Dwellings (ATED).
The guaranteed yield is 5% within 5 years.
- Legal fees;
- Notary costs;
- Stamp duty;
- etc.
The property is located in the heart of Lisbon.
Lisbon is the capital, the largest city and the main port of Portugal. The population of the city exceeds 500,000 people. About 3 million people live in the metropolis of Lisbon (about 27% of the population of Portugal).
Lisbon is one of the oldest cities in the world and the oldest city in Western Europe and one of the largest economic centers on the continent, with a growing financial sector. Most of the headquarters of transnational corporations in Portugal are located in the Lisbon area.
Lisbon is one of the largest ports on the Atlantic coast of Europe.
Portela International Airport is located in the north of the city, serving about 30 million passengers annually. Lisbon is the 9th most visited one in Southern Europe.
