Other buy in Regadas Porto

The Douro is the beating heart of two cities and has played a key role in the history and development of the region for 1,000 years, as recognized by UNESCO in assigning world heritage status to the former coastal area of Porto, Cais de Ribeira. Opportunity to participate in the acquisition of a five star hotel, located on the south bank of the Douro River overlooking the city of Porto. The opportunity takes the form of acquiring one of the 80 units for 500,000 each, through a Hotel Equity Investment Fund. Each unit is eligible for a Gold Visa, allowing buyers the right of residence in Portugal and borderless travel within the Schengen area. The investment in a unit in this Fund brings all the benefits of the Golden Visa program of Portugal, increasing a minimum return of 3.0% per year, and a share in the hotel revenue and capital gain. This equity investment fund also offers buyers several tax advantages. There are 106 apartments in total, ranging from T0 to T3 duplex of various sizes and many apartments benefit from a private balcony overlooking the river. Hotel services: SPA, gym, swimming pool, restaurants and bars. Construction began in November 2019 and is expected to end in the last quarter of 2022 with the opening of the Hotel scheduled for 2022. - REF: HG1219D