- 0
- May 8, 2023
- CURRENT PROJECTS | PORTUGAL
Project Description
More Information
◼️ PROJECT INFORMATION
Total Project Investment: 68.6M€
Call for Investors: 245 Investors
Investment starting: 280.000€
IMT and VAT are paid by the Developer
Project is qualified for the Golden Visa Program
✭ Scope of Project
An exclusive 5-Star Hotel (Flagged by an International Brand) with 275 rooms, features 3 outdoor swimming pools, a spa, a gym, kids club, and an exclusive private beach club.
✭ Project Timeline
Call for investors: April 2023
Expected Completion date: 2Q2026
◼️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