MERCAN GROUP – LAUNCHING NEW PROJECT IN BEJA, PORTUGAL “PROJECT NO. 19TH – BEJA HOTEL” 4 – STAR HOTEL
Beja, the district capital, is a family-friendly city where you can easily get around on foot or by bicycle. A step away from the sea, the capital Lisbon and neighboring Spain, Beja shortens distances.
The second largest city in Alentejo has more than 2500 years of history and many more stories to live and tell, discovering the ancient civilizations that mark our past and fill with mystery the old houses, carefully whitewashed.
Beja Hotel is located right in the town centre, close to all this legacy. Beja city offers good accessibilities, quality of life, a great heritage value and good environmental conditions for economic development, enticing cultural and leisure environment.
- Total Project Investment: 16.8M€
- Call for Investors: 61 Investors
- Investment Starting: 280,000€/Investor
◼️ Scope of Project
- An exclusive 4-Star Hotel with 92 rooms, retail shops & 163 parking spaces
- Will flagged by an International Brand
- Project is qualified for the Golden Visa Program
◼️ Project Benefits
- IMT & VAT Included – Paid by the Developer = Total Approx. 30.000€
- Guaranteed buyback after 6 years
- 7 Days Free Stay in any Mercan Hotel in Portugal*
◼️ Project Timeline
- Call for investors: December 2022
- Expected Completion date: 3Q2023
✭ PROJECT CONCEPT:
Located in the center of Beja, this project will be restored inside the building, preserving the main façade. An existing building that will have a new life.
This 4-star hotel consists of 92 beautifully equipped rooms, within walking distance of the center of Beja and all the services that the city provides to all its visitors.
The project also includes a wide range of support facilities, including a commercial area with retail shops, bar and restaurant, an outdoor swimming pool, and a parking lot.
All these features were conceived under the same idea: preserve the building’s history, giving it a fresh and rejuvenated life.
- Free IMT & VAT fee for investors
- Free 7 days stay per year at the hotel for main investor and spouse.
- Receive special room rate for main investor in case of exceeding 07 day stay.
- Guarantee buy-back 100% after 6 years
MERCAN is the largest hotel developer under Golden Visa program with investors coming from more than 50 nations worldwide. MERCAN and its local partners in Portugal confidently hold more than 50% market share under this category. The company commit to be the most professional, transparent and trusted partner for our investors in Portugal.
◼️ Benefits of Residence Card Holder Under Golden Visa
Get Residence Card for investor and family members (Spouse, dependent children and parents) through investment under Golden Visa program
- Entitled of free movement within 26 Schengen countries
- Opt out Visa application process to enter into EU
- Be entitled to live in a safe and peaceful country
- Free Public school for kids
- Premium quality of health care for parents
- Private insurance ranges from 200 up to 700EUR/ year
- Only stay 7 days a year in Portugal to keep residence card valid
- Chance to apply Portuguese/EU citizenship after 5 years