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ID 228675
For POA

PROPERTY FEATURES

Indoor Facilities
Outdoor Facilities

Description

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 Golden Visa to build new hotels under the brands of the largest hotel groups Marriott, Hilton and Intercontinental Hotel Group.

The company was founded in 1989, specializing in development investment projects in the tourism sector.

During its work in Portugal, the Mercan group of companies has already successfully implemented 12 projects with a total value of 211 million euros.

The group is present in Portugal, Canada, China, India, United Arab Emirates, United States of America and Vietnam.

Detailed information on the project, as well as a complete calculation of costs and a business plan for the investor - on request.