Property details
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District
Porto -
Province
Porto -
Town
Lordelo do Ouro
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Area
0 m²
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Price
350.000 € -
Energy Rating
-
Property code
0646/21 -
Property code
0646/21
Description
Opportunity to invest in a hotel share in the heart of Oporto!
This is a continuation of Urban Rehabilitation Project of the Oporto City, with the aim of giving it a new history and development in cultural life.
The hotel is also conceived to be an ideal environment for business development!
The amount of the investment is 350.000 ,with a guaranteed buyback in 6 years after the conclusion of the transaction, or it can be extended up to 10 years from the date of the hotel opening.
And you will also have a guaranteed annual return of 3%. The payment starts one year after the start of the activity and is paid at the end of each year from the date of operation.
The owners has a right of 7 days free stay per year.
The project is open to new investors until September 2021.
Submission to explanation in the first semester of 2023.
As the hotel is part of the City Rehabilitation Project, therefore the property acquisition tax is paid by the developer.