Commercial in Algarve, Portugal (City Area)
Asking: € 280,000 EUR
Investment (Commercial) in City Area, Algarve for Sale
New project in Algarve with investment opportunity in Portugal and Golden Visa eligibility. It also guarantees a full redemption of the investor's share upon attaining European citizenship and a passport. Five star luxury hotel The most beautiful and picturesque part of the south of Portugal Ocean views, direct beach access The investment amount of 280,000 € in this project gives the right to obtain a residence permit under the "Golden Visa" program The Resort is operated by the international luxury chain Marriott International Municipal tax IMT the developer pays for each investor 13.650 € 350 investors in total Mandatory 100% full redemption of the investor's share after 6 years (the investor can be the owner of the share for a maximum of 15 years from the moment the hotel is opened) The hotel is scheduled to open in the summer of 2023 The developer, the Mercan group of companies, works with private investors seeking a Portugal Gold...More Details