Marriott Lisbon Downtown Hotel
The Marriott Lisbon is a rare Portugal Golden Visa hotel investment property in central Lisbon. In addition, the property is a quaint boutique hotel available to Golden Visa seekers for just €350,000.
The Marriott Lisbon has a total of 70 rooms on 6 floors. The total area is about 500m2.
The hotel will include a bar, restaurant, and interior garden. Furthermore, the hotel’s renovated and vibrant lobby will welcome guests and offer them a comfortable stay experience right from the start. Guest rooms will include modern facilities, furniture, and appliances.
The Portugal hospitality market registered over 2.5 million guests and nearly 7 million overnight stays in 2022. This is a 23% increase in both categories from the previous year. Overnight stays are up 21% since 2019.
This is an opportunity to invest in Golden Visa properties in the Lisbon area. Opportunities to invest in Golden Visa properties Portugal’s big cities have become increasingly rare as the country looks to acquire more investments in inner regions or historically-important locations. Thus, this offers a unique opportunity to invest in a high-quality property right in Lisbon.
The call for investors is going out in December 2022, and the expected completion date is Q1 2025.
The Marriott Lisbon Investment
This Portugal Golden Visa investment is available for €350,000. The project is calling for 110 investors for an investment total of €38,000,000.
The project benefits include IMT paid by the developer, VAT included, 3% per year return, and a guaranteed buyback after 6 years. Moreover, investors get 7 days of free stay at any affiliated hotel property in Portugal pending availability.
The developer of the Marriott Lisbon is a Canadian development firm that seeks to generate returns for stakeholders by delivering high-quality projects in unique investments. The development team has an impressive track record of success operating Golden Visa-eligible hotels in Portugal’s urban areas. Currently, the developer operates almost a dozen hotels, and they are set to open nearly 20 more in the near future.
The Marriott Lisbon Location
The Tagus River is next to the hotel, which offers a great chance for scenic walking and stunning views. Moreover, the hotel is adjacent to the Cais do Sodré neighborhood, a popular nightlife destination in the city. An art museum, various markets, and interesting neighborhoods are all close to the hotel.
Lisbon is Portugal’s capital and largest city. It is famous for its history, ornate architecture, musical traditions, vibrant nightlife, and world-class facilities.
Lisbon has won numerous awards and designations for its quality of life and culture. Magazines and hospitality organizations have found the city attractive because of the unique way it combines modern living with historic charm.