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4-star hotel with guaranteed income, Lagos

Portugal

Investment Costs

Property price€30,000,000+

Distances & Location

Sea 100 m
Infrastructure 100 m
Airport 90 km

Location

Yield & Management

Rental yield3-5%

About This Property

This property qualifies for the Portugal Golden Visa programme. EU residency via real estate investment in Portugal.

This property sits within the city of Lagos (Portugal). Nearby there is all the essential amenities: supermarkets, restaurants, cafes, a golf course, beaches with a large flow of tourists and visitors. This area has good transport accessibility, just in 5 min. you can get to the city centre. In 20 km. there is a large city of Sagres.
available for purchase is offered a 4-star hotel (75 apartments with the possibility of increasing to 110), the windows of which overlook the ocean, swimming pools, landscaped gardens and the surrounding landscape. Modern architecture, stylish design, decoration in light colors contribute to a comfortable stay. Large windows fill the rooms with natural light. guaranteed rental income – 8.5%. EBITDA for 2021 amounted to 2 300 000€.
Advantages of the development: direct access to the beach (100 m.)
panoramic ocean view
restaurant/bar
gym
large terraces
bath/sauna
3 swimming pools with relaxation area
landscaped gardens
availability of parking
wellness center with hot tub

Real estate

Object typeHotel complex,Apartments
Object categoryNew
Object stageReady
PermitsYes

Characteristics

Number of storeys2
ParkingNo
RenovationStandard
ViewOcean, City, Pool, Garden, Road

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