Historic Center, Evora, Evora, 7000-649

€280,000

Key features

  • Residents parking
  • Communal garden
  • Gated community
  • 24 hour security
  • Swimming pool
  • Hotel/serviced apartment

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Other info

Ref no: INT230016

Hotel in co-ownership | 98 investors | Indicated value of min. € for a share
Hotel in co-ownership | 98 investors | Indicated value of min. € for a share

CONSTRUCTION AREA 4707 sqm | GPA 4122 sqm | GARDENS 3474 sqm
FLOORS 4


Project Scope
Heritage & Historical Asset to invest as a co-owner.

The Hotel project is fully approved for a 4* Superior Boutique Hotel, mixing the heritage with a modern twist and a proud member of the Relais & Chateaux family.
Carmo Convent, the existing building from XVI Century, will be completely refurbished and modernized, making the perfect symbioses with the new wing that will be constructed. It will have 51 contemporary rooms, a beautiful garden with a swimming pool, a Spa will also be available. Exceptional service and comfort to all guests, giving them the feeling of a 5* Hotel.

Investors benefits
· Upfront Payment of 3,5% of the Initial Investment per Year, of the first 5 Years.
· Upon sale of the Asset, between the 6th to 7th year, 50% of the Added Value from the sale is shared with the Investors, over the return of the initial investment.
· Client can book a Room for up to 4 Weeks per year, during the full program duration.

Investment Type:
Co-Ownership Investment | 98 Investors | Golden Visa Min. €280 option
Project Scope Creation of a unique 4* Superior Boutique Hotel in the Historical Centre of Évora
Project Timeline Call for investors: 2022 Expected start of operation: 2025

Location

The Carmo Convent is in the historical city centre of Évora, a UNESCO World Heritage, surrounded by Medieval. Évora has many secrets and interesting places to visit, which is why it is in the top 5 of the most visited cities in Portugal

Stamp duty calculator

£

Total stamp duty

43,750 £

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Mortgage calculator

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Monthly repayments

39,924 £

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