Borba, Evora, Portugal, 7150-138

€350,000
1

Key features

  • Communal garden
  • Gated community
  • Staff accommodation
  • 24 hour security
  • Swimming pool
  • Hotel/serviced apartment
  • Flat/apartment

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Other info

Ref no: INT220260

If you are looking to invest, this choice is also perfect for the Golden Visa option, with a return on your investment or a Buyback option - buyback.
As an investor, you can be part of this unique opportunity, be a full owner of a tourist apartment - Hotel Suite with a return on your investment, or you can be co-owner of an ultra-luxury 5-star hotel

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

and/or

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.

Timeline:
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.

Location

Montes Claros - Borba. Évora district in central Alentejo. 1h50 to Lisbon and the airport.

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.

Floor plan

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Floorplan

Stamp duty calculator

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Total stamp duty

43,750 £

Please note: These estimates are provided as illustrative figures for guidance only and cover only England and Northern Ireland. Cluttons is not authorised to give financial advice; the above calculator is not intended to be financial advice and should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

Mortgage calculator

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years

Monthly repayments

39,924 £

These results are for a repayment mortgage and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.