Description
INVESTMENT PROJECTInvesting in the renovation of a hotel in the city of Beja. The idea: to preserve the history of the building, giving it a fresh and renewed life. shops and parking spacesThe investor receives a "Golden Portugal Visa" for the whole family for a year and returns the invested funds after 6 years.Start of investment: December 2022• Location of the object: Beja• Hotel brand: Holiday INN• Hotel category: 4* with bar, restaurant and outdoor pool.• Minimum investment amount: € 280 000• The IMT and VAT municipal tax is paid for each investor (about € 28,700).• Number of rooms: 92. Area – 4936.0 m2. Commercial area with retail stores with an area of 3128 m2, parking spaces - 163 pcs. • Number of investors: total 60• Mandatory repurchase of the share from our side after 6 years, at the same cost of the investment• Completion of construction works and opening of the hotel is scheduled for the II quarter of 2024. • 7 days of free accommodation per year for the whole family