“PROJECT NO. 21ST – OCEAN VIEW HOTEL” 4-STAR HOTEL
Ocean View Hotel located on the Alentejo coast, the Santo André Lagoons Nature Reserve stretches over 16 km and includes two lagoons: Santo André lagoon, the largest on the Alentejo coast, and the smaller Sancha lagoon.
◼️ PROJECT INFORMATION:
- Total Project investment: 18.2M€
- Call for Investors: 65
- Investment starting: 280.000€
◼️ SCOPE OF PROJECT:
- An exclusive 4-Star Hotel with 46 rooms
- Flagged by an International Brand
◼️ PROJECT TIMELINE
- Call for investors: December 2022
- Expected Completion date: 4Q2024
◼️ PROJECT CONCEPT:
Ocean View Hotel St. André was designed with the intention of creating a warm and familiar environment that would guarantee all the amenities for short or long stays.
Perfectly framed in the surrounding natural landscape, this 4-star proposal consists of 46 comfortable rooms, all with magnificent views over the beach and Santo André lagoon.
The project also includes a wide range of support facilities, including a meeting room, rooftop swimming pool, gymnasium, bar and restaurant. All these features were envisioned under the same architectural concept, which combines the elegance of the lines with the most modern engineering solutions.
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◼️ ADVANTAGE:
- 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.
◼️ FACTS:
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 6 years