New 280k golden visa project on the Algarve
Affordable Portugal Golden Visa investment on top of a cliff overlooking the Atlantic Ocean
Invest in a completed hotel and avoid any risk of failure
The Baía Cristal hotel is a completed hotel currently in operation. With a Golden Visa investment in this beach hotel & spa resort, there is no risk of failure. The hotel will undergo extensive renovation to be upgraded to five-star resort, right on the cliffs near Carvoeiro and overlooking the Atlantic Ocean. From here, Gago Coutinho Airport can be reached within 40 minutes and Lisbon with 2.5 hours. There is also a small leisure and business airport only 15 minutes away.
The hotel has its own swimming-pool, spa & massage centre, tennis court and a restaurant with bar. A blue flagged beach is within walking distance of the resort.
A secure investment with consistent returns
Investors in the Baía Cristal Hotel project benefit from great financial advantages compared to similar projects. Besides the security which an investment in an already existent hotel unit offers, our investors also benefit from the following advantages:
- Investors will not have to pay any property transfer taxes. These are paid for by the developer.
- As a 280k reduced investment amount Golden Visa project needs to include a renovation project, the developer will upgrade the hotel to a five-star unit. The VAT on these renovation works is paid for by the developer and will not be invoiced to the investor.
- Investors will already benefit from a guaranteed and fixed return of 3.5% during the renovation works, estimated to be concluded in 2024. Thereafter, investors will receive a 7-tier dividend on the hotel revenue.
Your shortcut to European permanent residency and citizenship
The Baía Cristal hotel project is your shortcut to the Portugal Golden Visa with a reduced investment amount of €280.000. The hotel is located next to a blue flag beach and 1.7 km from the famous beach and coastal town of Carvoeiro. It has spacious living areas and private balconies to relax and enjoy the view of the ocean and hotel gardens. The hotel will be a five-star hotel after renovation and received a letter of intent from several top hotel operating brands.