Location : Western Algarve, Lagos

Price From : €280,000 | £247,788

Type : 1 Bedroom Apartment

Reference : ASH305

Tel : 44 (0)1925 414422

Email : info@buyportugal.com



A fantastic opportunity to invest in 2 brand new hotels (Lagos Marina) in Lagos on the Western Algarve.
4 star hotel with 180 rooms
3 star hotel with 90 rooms (27 are apart-hotel rooms)

385 investors required to each invest €280,000 into the project to generate a fund of 107.8 million Euros.
The funding period is from February-July 2022 with an estimated date of Summer 2024 for the hotel to begin operating.

Investors must have a minimum investment period of 6 years. The hotel will be run by a management company and you will be able to stay at the hotel for free, 7 days of the year.

Fiscal (Tax) benefits include IMT (purchase tax) paid by developer and IMI (council tax) exemption during construction.

Ref: ASH305

Buy Portugal has over 15 years’ experience in the Portuguese property market. We operate completely independently of any owner or developer and do not charge clients a fee.

At Buy Portugal we work on your behalf, helping you identify properties that match your requirement and arrange for you to visit them.

We pride ourselves on the highest levels of service.

Note: Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.