Diamond Algarve Hotel & SPA Resort
280K GV - Investment presentation video
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The Algarve, located in the southern region of Portugal, is known for its golden beaches, unique landscapes of cliffs and rock formations, the sea caves, the 300 days of sunshine a year, the typical culture and gastronomy. It is considered one of the best holiday destinations in Europe!
So, why invest in the Algarve?
The Algarve is a pearl in the south of Portugal and there is no one uninfluenced by its beauty - whether they are Portuguese or world travelers.
If holidaying in this region is already wonderful, having the possibility to stay or return whenever you want is a luxury that would please everyone.
Situated in one of the most beautiful locations on the Algarve atop a cliff, Diamond Algarve Beach & Spa Resort offers a quiet, family-friendly establishment with fantastic sea views.
So, what makes this a good Golden Visa investment?
Besides being eligible for the reduced two-hundred and eighty thousand euros Golden Visa investment, it is a completed hotel in operation. There is no risk of failure. The hotel is currently under renovation and will be upgraded to five-star.
This differs from other project that are still “in the paper” and pending for permits or delays. In this case, the risk is mitigated, and you already have access to see a tangible development. The goal of the developer is to turn the 4 stars into a 5 stars hotel.
The Diamond Algarve Beach & Spa Resort is located only at 40 minutes’ drive from Faro´s airport, 15 minutes by car from Portimão and around two and a half hours away from Lisbon. The beach is closer… only 300 meters away from the hotel.
SPECIAL CONDITIONS FOR THE 1St PHASE ONLY
Location: Algarve (in front of the Beach)
Eligible for the €280.000 Golden Visa
Hotel already exists and is operational. The goal of the developer is to turn the 4 start into a 5 stars hotel.
3,5% ROI over 3 years and 7-tier dividend (70% of the hotel's profits) for the following years
For a limited amount of time:
Property transfer tax (IMT) - €19.200 - supported by the developer
Renovation tax VAT - €9.600 - supported by the developer so the Investor saves €24.800 (reno tax + IMT)
Will be managed by a top hotel operator brand
Financial forecast available in the brochure
To be development - layouts of the 5 start development - download brochure for more information