Apartment for sale in R. Cruz De Coelho 26, 7150-363, Portugal

£240,078 (€280,000)
Interested in this property? Call +44 20 8033 5785 * or Request Details

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Apartment for sale - 1 bedroom

1 1

Property features

  • Fully furnished
  • Great views
  • Investment

Property description

A unique project for those looking for a guaranteed investment model within the Golden Visa program with a guaranteed buyback option.

This project will not only combine the services, class and charm of a 5 star hotel, it will also be an extraordinary spa and wellness centre, as well as a winery plantation.


Location



The town of Borba is famous for its magnificent wines. It has a welcoming culture of easy access, cobblestone streets, marble architecture, monasteries and vineyards, that all contributes to its picturesque atmosphere.

The Alentejo wine route includes several wineries that are located in this area. Among them is Adega Cooperativa de Borba which is one of the largest in the country.




The development



This tourist project is set in the restoration of a convent that was built in the 1407 and it belonged to the House of Braganca. Its chapel was extensively restored in the 18th century and the tiles of the chapel are from this period. In 1834, the Convent became private property.


Maintaining the most striking lines of what it once was, it is currently being restored and will be transformed into a 5* Hotel and Tourist Apartments. The Hotel is situated on a total area of 14 hectares.




The investment



There are three options of investment in this project for the Golden Visa:

280.000€, 320.000€ and 350.000€.

At this stage of the project, there are 95 'keys' available in the main building which is the Hotel and 54 independent units which are freehold units.


Investors are guaranteed a return on their investment from day 1 of the hotel's opening. Yield is guaranteed for 3% over the first 6 years, 18% in total. There is also an option to receive a 12% yield upfront.

After 6 years, the hotel management company guarantees the repurchase of the acquired unit, with 100% Capital Protection. There is also an option to hand over the unit for the Hotel operation, where an annual yield of 3% will be guaranteed.

During the operation you will be able to enjoy 7 days of annual courtesy stay. The maintenance of the flats is free during the first 6 years.


Each investor will also have the opportunity to be part of the plantation process and the income it provides. They will be able to enjoy the products produced on the plantation in the form of wine tasting at the “Tasting Room”, Make their own wine, and obtain income on an annual basis from the production. Each investor will also receive 4 produced wine bottles with personalised labels annually.

Reach out for more information regarding this unique investment opportunity.

Property info

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Nest Seekers International, EC3V on +44 20 8033 5785 * (local rate)

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