The "Blue Palace" is set to be the most high-end and refined luxury boutique hotel in a sought-after address in Lisbon.
Portugal Golden Visa seekers will be able to invest €350,000 to co-own 1/157 of this hotel (shares in the company that owns the hotel) and obtain a Golden Visa with also other incredible benefits.
The goal of the project is to create a reference Hotel in Lisbon, in a prime location between the Principe Real Garden and the famous Avenida da Liberdade, targeting the luxury market.
About the asset
The project is fully approved for a 5* luxury boutique hotel.
The existing building, originally dated from 1796, will be refurbished to give way to the "Blue Palace", a 5* hotel with 35 suites equipped with all top-of-the-line amenities, a restaurant that aims to be one of the best restaurants in Lisbon, a bar with a distinguished and refined service, and an incredible SPA that will allow the guest to have a relaxed atmosphere and exquisite service.
The gross construction/rehabilitation was already made between 2018 and 2020, with all the interiors already in concrete. This is a huge upside because what is traditionally the most difficult process in rehabilitation work like this, is already done.
The developer
The developer is a firm that focuses on the residential real estate and hospitality markets. They have been closely involved in assembling infrastructure for major projects across these sectors. To provide a truly luxurious experience, the developer has partnered with a world-leading design consultancy to orchestrate the construction of the project, and with a renowned international hospitality consultancy to manage the property.
Investment overview
-GV350 qualified
-The Lisbon Golden Visa Hotel project is available to Portugal Golden Visa investors as a co-ownership titled-deeded investment
-The investor will be able to co-own 1/157 of the building for €350,000 and be eligible to obtain the Portuguese Golden Visa
-Guaranteed return of 3,5%, paid in full at the end of 1 year
-Expected sale between 7 and 9 years
-Operational start of the hotel in 2025
-Full operational contract for 5 years, extendable yearly (with a renowned operator, over 20 hotels under management)
-Operations will include every aspect of the hotel, HR, hiring, management, F&B, Spa...
Project benefits
- Maximum of 157 investors
- Early payment of 3,5% of the Initial Investment per year, for the first 5 Years corresponding to 61 250€
- From 6th year onwards 8500€ / Year until hotel sale (paid yearly)
- Refund of the IMT
- On the sale of the asset, between the 7th and 9th year, 50% of the added value of the sale is shared with the Investors, on the return of the initial investment
- The client can book a room 1 week per year, during the full program duration with breakfast included
- Privileged location of the asset, in the capital of Portugal, located on the most famous and luxurious Avenue in Lisbon
- Heritage & historical asset, dating from the 18th century, which belonged to the Count of São Miguel
- Luxury boutique hotel, for a high standard clientele
Note: All legal costs and taxes are not included in the initial investment, it is the Investors responsibility
For more information please contact us.
Read moreAn ideal option for investment in Lisbon and to be eligible for the Portuguese Golden Visa Program.
Construction details
-4100 m² of building area
-3700 m² GPA
-6 Floors
Completion of work scheduled for the first quarter of 2025.
The area is considered the business district of Lisbon, with all the high fashion brands, jewellery stores and luxury stores of the capital around.
An area inspired by the Champs-Élysées in Paris.
The district is rich in historical and cultural heritage dating back to the 18th century.
And it's full of fancy restaurants, rooftops, lively bars and clubs that keep locals and tourists entertained late into the night.
Environment : Easy daily life with everything nearby, Close to all amenities, Supermarkets, Weekly market, Bakery, Mall / Shopping, Restaurants, Coffee shops / Bars, Full educational options in the neighbourhood, Public transport nearby, Quick access to main roads, Metro less than 5 minutes walk, Bus stop in the street, Public car park nearby, Close to Lisbon airport, Nightlife, Cultural sites, Religious sites, Cinema, Theatre, Museums, Music schools, Library, Historic buildings, Nearby park, Neighbourhood Council, Post office, Banks, Cash dispenser, Police, Pharmacy, Hospitals, Private clinic, Doctors, Health centre