Alto Alentejo, Castelo de Vide, Portugal
- PROPERTY TYPE
Hotel
- SIZE
Ask agent
Description
The investment will be made under co-ownership and will allow access to the lowest threshold necessary to obtain a Golden Visa (280 thousand euros), since the property is located in an area with low population density.
A buyer who does not need a Golden Visa can also invest in this business.
Of the 98 shares, about half have already been sold, revealing the high demand for this type of investment.
The minimum expected yield is 4% per year and after 5 years the initial investment of 280 thousand euros will have been recovered, there is also the profit generated in the meantime with the operation of the hotel (half that profit goes to the hotel management entity).
The rehabilitation of the hotel will begin in the 1st quarter of 2023 and the hotel will start operating in January 2025.
Investing in this project will allow you to enjoy a 1-week free stay during the high season and a 3-week stay during the low season in all hotels of the group.
Castelo de Vide is a medieval village located in the region of Alentejo within the Parque Natural da Serra de São Mamede. It is close to the Spanish border and 2 hours away from Lisbon.
The Alentejo region was elected by the Time Magazine as one of the 50 best places in the world to explore, and its landscapes have even been featured on the famous Times Square screens.
This location provides a gastronomic and cultural experience typical of the Portuguese culture and is therefore an excellent opportunity to invest in a luxury hotel located in a natural and splendid region of Portugal.
With a rich history dating back almost 300 years, Sotheby's International Realty has long been acknowledged as a company that deals with the transaction of luxury goods. It has been present in Portugal since 2007 and has ten offices and more than 200 highly qualified professionals always available to satisfy you. Our mission is "The art of uniting extraordinary houses with extraordinary lives."
Alto Alentejo, Castelo de Vide, Portugal
Advice on buying Portuguese property
Learn everything you need to know to successfully find and buy a property in Portugal.
About the agent
Portugal Sotheby's International Realty, Lisboa Oriental
Av. D. João II, lote 1.12.02 - Edifício Adamastor - Torre A, n.º 9 A e nº 9 B 1990-077 Lisboa
Artfully uniting extraordinary homes with extraordinary lives
Notes
This is a property advertisement provided and maintained by Portugal Sotheby's International Realty, Lisboa Oriental (reference 109230011) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.