Borba, Evora, Portugal, 7150-138€280,000
- Communal garden
- Gated community
- Staff accommodation
- 24 hour security
- Swimming pool
- Hotel/serviced apartment
- Council Tax Band: Ask agent
- Lease expiry date: Ask agent
- Lease length remaining: Ask agent
Ref no: INT220259
BORBA will be a global 'welfare' destination that will transform minds, bodies and souls, it will also be a paradise for wine connoisseurs.
The project results from a total refurbishment of a former convent of the 15th century in Borba in Alentejo, transformed into a 5-star hotel and tourist apartments. It will be a privilege to contribute to this rich historical legacy and timeless beauty.
A perfect wellness and winery destination in the heart of Alentejo.
Here you can have the best of both worlds through 2 lines of investment:
A - a sharing model with shares in the property of the business, with buyback. | shares of min. € 280k
B - a model of full ownership in the tourist apartments - Hotel suites. With income.
For the 1st launch phase the promoter has provided:
A- Sharing hotel property for 82 investors as co-owners
- Buyback | 7 days free annual stay | 95 rooms
Investment amount of this option:
Min. € 280,000 | € 210,000 for the promoter and € 70,000 for the Construction Company. (and IMT, Stamp Duty, VAT as applicable)
B- Privately owned hotel units - 54 tourist apartments (suite hotel)
- Full property | guaranteed rental | from the opening day of the hotel. 2% yield per year for 6 years. (12% in 6 years)
- or the option to advance the rental at once, after the transaction. (9% upfront)
- After the 7th year you can choose to rent the unit through the hotel
Investment amount of this option:
Min. € 280,000 to | € 320,000 | € 350,000. Depending on the floor or size of the garden. The ground floor with garden and the 1st floor with panoramic view
Benefits of | Stay 7 days a year. The first 6 years with free maintenance of the apartment. Wine bottles with custom labels for each investor annually. Division of annual income by investor, of the common production in 7 hectares of vineyards, olive trees and wetland.
Start: 2Q2023. 3 years of construction are planned. Final 1Q2026
Note that the numbers displayed for the 2 options are for the initial release. The venture allows a total of 460 investors and the sale of 258 own units. The hotel will have 299 rooms
The Promoter has a high business record, founded in 1986 with a history span of more than three decades and now has one of the fastest-growing real estate business groups in India. Focusing on the rehabilitation of residential projects to offer premium and luxury housing. +30 construction projects, +12 industry-recognized awards.
Borba involves us with its landscapes, wines, cheeses and of course the typical Marble of this region. With friendly people and delicious cuisine. A great place to live, rest or just invest.
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