SÉ CATEDRAL HOTEL

SÉ CATEDRAL HOTEL


Project Description

PROJECT DESCRIPTION

  • Only 350,000EUR for an investment
  • Receive Residence Card in only 90 days after meeting the Immigration Services
  • Guarantee 4% annual rental income
  • Guarantee 100% buy back investment
  • 7 days free accommodation per annum
  • Obtain passport after 6 years

According to the latest update of SEF (Immigration and Borders Service), from 08 th October 2012 until 30 th June 2017, SEF has granted a total of 13,579 residence permits for investors and their family members. Portugal also called for more than 3.1 billions Euro of foreign direct investment into the country, an astounding success of Golden Residence Permit Program/ARI in a shortest of time.After 5 years holding Residence Permits, investors and their family members can convert to Permanent Residence status and are eligible to obtain Portuguese passport/EU citizenship only for 1 year later. Golden Visa program is the fastest and most simple pathway to migrate to EU, among all other investment immigration products in the market.

SÉ CATEDRAL HOTEL

A Splendid Project designed by Experts! Being inspired by the Porto Cathedral, one of the city oldest monuments and one of the most attraction places for tourists, SÉ CATEDRAL HOTEL is a project of rehabilitation an old building located at the heart of the Historic Centre of Porto- a UNESCO Heritage in 2012 and convert it into a boutique hotel of 50 rooms, 5 floors, with amenities such as restaurant-bar, and a terrace café. Combining traditional elements with modern comforts and design concepts, the hotel will offer a comfortable experience with a good quality service to leisure travelers and tourist groups. Located at the heart of Historic Centre of Porto- registered as a World Heritage Site by UNESCO, with front views over the Porto Cathedral and nearby the city icon “Dom Luís Bridge”, a famous tourist attraction place in the city, the hotel will quickly establish itself as a key tourist destination, offering the perfect location to enjoy the city of Porto. This wonderful project also receives supports from local government.

  • Total project cost:13.3 million EUR
  • Total investors: 38
  • Investment amount: 350,000 EUR
  • Construction timeline: First Quarter / 2018
  •  Expected operation: 2019
  • Rental guarantee: 4%/year
  • Benefits after 6 years of Investment: 83,000EUR

DEVELOPER

  • REFERENCIA ARROJADA a member of MERCAN GROUP (1989) with more than 28 years in experience and supported 45,000 immigrants all over the world
  • Main Contractor: CASAIS GROUP (1957) one of the biggest construction group at the North of Portugal
  • Architecture: NN ARQUITECTURA E PLANEAMENTO, LDA- completed over 50 assets across Portugal from diverse categories: Hotel, House, Condominium, Sport stadium, offices….
  • Hotel Management: AXIS HOTEIS GROUP- managing 800 rooms and a golf course at theNorth region of Portugal.

BENEFITS OF INVESTORS

  • To be reimbursed a municipal tax land worth 16,250EUR upon completion of the project
  • No annual property tax
  • No annual management fee
  • Receive 4% Return on Investment annually
  • Become the Owner of the SÉ CATEDRAL HOTEL
  • Right to sell the asset at any time starting from 2 nd year
  • Free accommodation of 7 days a year for investors and their family members

ADVANTAGES

  • Invest in Porto- Top 5 leading cities in Hotel and Tourism
  • A qualified restoration real estate project located in Historic Centre of Porto, a World
    Heritage Site proclaimed by UNESCO with an amount of ONLY 350,000EUR
  • Fantastic location with view over Porto Cathedral, one of the most attractive places in the
    city, with numerous historic buildings, shopping, bars and restaurants surroundings
  • Qualified for Government Incentives
    • IMT exemption
    • IMI exemption
  • An opportunity to invest with reasonable price and get Residence card for family
  • The hotel is a commercial real estate that generates income annually
  • A beautiful project designed, created and managed by a group of Experts in Portugal