Algarve, Alvor, Portugal
- PROPERTY TYPE
Commercial Property
- BEDROOMS
1
- BATHROOMS
1
- SIZE
646 sq ft
60 sq m
Key features
- 1 bedrooms
- House area: 60 sqm
- Swimming Pool
- Air conditioning
- 1 bathrooms
Description
Hospitality Investment Funds in Portugal, eligible for the Portuguese Golden Visa Program.
The residence permit gives the right to live, work, and study in Portugal and allows free circulation in Europe's Schengen Area. The program only requires an average of seven days per year stay in Portugal over this period.
Benefits of a Portuguese golden visa:
• Visa-free travel in Europe's Schengen Area and the right to live, work, and study in Portugal;
• Eligibility to apply for citizenship after six years while keeping other citizenship(s);
• Low physical presence requirement (14 days during the first two years and 21 days for the subsequent three years);
• Excellent international and Portuguese schools and universities;
• High quality of life, local cuisine and wines, rich culture, mild climate, and a high level of security;
• International quality healthcare clinics and hospitals;
Investment requirements and Benefits:
• Transfer a capital of €500.000 in the acquisition of share/units in a non-real estate collective investment entities;
• Minimum investment term: 6 years;
• Management Fee: 0.2% + €2,000 (paid by the Fund);
• Return on investment: 2% fixed return per year, tax free; or exit year 8 = 18%; or exit year 10 = 24%; or exit year 12 = 30%;
• Guaranteed Buyback: from year 6 onwards;
• Subscription: no subscription fee;
• Hotel Benefits: free 7 days stay per year;
• Municipal Title Transfer tax: no IMT to be paid;
• Stamp duty: no stamp duty to be paid;
• Registration & Notary Cost: no registration or notary costs are associated;
€140M Private Equity Hospitality Fund:
• BridgeView Hotel Gaia (Under Construction)
• Hilton Alvor – Phase III Alvor (Construction Starts in Q2 2025)
• Hard Rock Algarve – Phase III Portimão (Under Construction)
REF: HG1505
Algarve, Alvor, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)35.3 miles
Advice on buying Portuguese property
Learn everything you need to know to successfully find and buy a property in Portugal.
Notes
This is a property advertisement provided and maintained by HOMEGEST Real Estate Consulting, Lisbon (reference 280859_HG1505) 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.