Share in luxury 5-star boutique hotel not far from Lisbon
€350,000+
Portugal D7 Visa
6+ monthsNot limitedPortugal does not grant residence permits for investments in real estate under the Golden Visa program.
However, property purchase or rental is obligatory when obtaining a residence permit under a D7 visa.
Learn moreCost
Property cost
€350,000+
State fees
IMT-8%; IMI 0,3-0,8%
Distances
Yield and management
Yield
3-5%
Property management
Yes
Description
This object is located near the town of Santarém (Torre Novas). Built in the 17th century, this unique palace with a Neo-Manueline tower was rebuilt by famous architects at the end of the 19th century. Inside the mansion are sumptuous rooms with fireplaces, painted ceilings and 19th-century tiled panels. The large swimming pool is surrounded by gardens. The grounds also include a chapel, stables, a wine cellar, lakes, streams, and extensive farmland. This building will be redeveloped as a luxury boutique hotel with 10 unique suites, surrounded by a new 5-star hotel with 150 suites with high-end facilities, nature, relaxation and comfort. Three phases are expected: conversion of an existing palace into a 5* luxury boutique hotel (Phase 1) construction on an area of 20,000 sq.m. luxury hotel segment with 150 large rooms, fully equipped with SPA, indoor and outdoor pools, sauna, hammam, gym, relaxation areas (2 and 3 phase) The resort has walking paths that cross the river and cross the area to the old Roman road known as "Via XVI", which used to connect Lisbon with Braga. Orchards, vegetable gardens, horseback riding, etc. are also planned. This oasis of relaxation and comfort is only 1 hour from Lisbon.
Project advantages:
- share value 350 000€
- 60 investors
- 4.5% * 5 years (total amount €78,750, paid in advance 30 days after the transaction)
- 3% from year 5 onwards (€10,500, payable at the beginning of each year)
- IMT, stamp duty, notary and registration with developer support
- 10 days stay per year after opening
- 10 year investment cycle
- guaranteed buyback for the total investment
- nearly 60 acres of land
Real estate
Object type
Object category
Renovation
Object stage
Construction
Permits
Yes
Design features
Share
Possibility of stay
10 days per year
Characteristics
Plot area
20,000 m²
Parking
No
Renovation
Standard
View
City, Pool, Garden, Road