BROADWAY HOTEL

BROADWAY HOTEL


Project Description

PROJECT OVERVIEW

Matosinhos Aparthotel is located near the beach in Matosinhos and in front of a city park in Porto. It is comprised of 3 floors with 108 aparthotel rooms and modern amenities such as restaurant, bar and courtyard. Its proximity to the sea, beach and the city park makes it an attractive area for tourists and city goers.

Situated at the northern part of Porto, Matosinhos is a major port and fishing town known for its sandy beach. It is a city rich in beautiful architecture, wine and culture – with museums and cruise terminals nearby, it is a key tourist destination.

PROJECT INFORMATION

TOTAL PROJECT COST : € 19,101,000 EUR

INVESTMENT AMOUNT : € 350,000 EUR

54 TOTAL INVESTORS

1ST QUARTER OF 2021 START OF OPERATIONS

ADVANTAGES

  • Fantastic location with proximity to the beach and city park.
  • Stable return of interest
  • An opportunity to invest in a reasonable price and get residence card for the family
  • The aparthotel is a commercial real estate that generates revenue annually
  • A beautiful project designed, created and managed by a group of experts in Portugal

BENEFITS

  • No annual property tax
  • Certificate of Ownership will be awarded to each investors
  • Individual ownership of 2 apartments
  • Estimated annual return of 2% -10%
  • Right to sell the asset at anytime