Historic Center, Evora, Evora, 7000-649€280,000
- Residents parking
- Communal garden
- Gated community
- 24 hour security
- Swimming pool
- Hotel/serviced apartment
Ref no: INT230016
CONSTRUCTION AREA 4707 sqm | GPA 4122 sqm | GARDENS 3474 sqm
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.
· 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.
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
Stamp duty calculator
Total stamp duty
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.
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.