Hotel For Sale

Picture of Hotel For Sale in Lagos, Algarve, Portugal

€280,000

Lagos, Algarve, Portugal

16,960 sqm

Listed By: Investgo Llc

Listed On: 03/17/2024

Listing ID: GL11074452

Description

AVAILABLE FOR GOLDEN VISA 280KInvestment opportunity in shares of a 4 or 3-star Hotel in Lagos!!.These are two hotels: One of them is a four-star hotel with 180 luxury rooms, in an 11,300sq.m building, with 4 floors and 38 parking spaces.The other is a three-star hotel with 27 apartments with a kitchenette and 63 rooms, in a building of 5396sq.m, with 3 floors and 18 parking spaces.Its features include swimming pools, kitchenette, pool bar, sunken garden, restaurant, gym, private terrace, and sea view, among others!In this hotel, the promoter offers Legal Services from its team of Lawyers for the Golden Visa process (a??6000 for investor and family applications + a??1500 for each renewal).The investment in hotel shares costs a??280.000.The Municipal Tax (IMT) is paid by the promoter (a??13.650).Mandatory and guaranteed repurchase between the 6th and 15th year of ownership.With no income, this project is for the minimum investment and has a buyback for 280.000a??.The completion of the construction works is scheduled for the summer of 2024.Great investment opportunity for Golden Visas!