Alcacer Do Sal Wyndham Garden Portugal Golden Visa Hotel
The Alcacer Do Sal Wyndham Garden is a 4-star hotel in which Golden Visa investors can purchase a title-deeded fraction for just €280,000 with a guaranteed buy back after 6 years. The developer is offering a €30,000 upfront return.
The Alcacer Do Sal Wyndham Hotel
The Alcacer Do Sal Wyndham Garden is a luxury hotel development that will feature 75 rooms, a restaurant, bar, rooftop lounge, and a large conference facility. In total, the area will have nearly 4900m2. The rooms will all be extremely spacious and have a modern luxury design. Moreover, the hotel will have a private parking lot with spaces for over 50 vehicles.
Other amenities in the hotel include a spa, a fitness center, and a swimming pool. Construction on the project started in 2019 and the property is expected to open in Q2 2024.
Alcacer Do Sal Wyndham Garden Portugal Investment
The Wyndham Garden Portugal project is calling for 110 new investors to invest at €280,000. The investment comes with a guaranteed buy back after 6 years. The project also offers a €30,000 upfront yield. IMT and VAT are paid by the developer. The project is eligible for IMI exemption during its construction period.
Furthermore, investors are eligible for 7 days of free stay per year in any property that is managed by the developer.
Portugal Golden Visa Properties Developer
The developer of the Alcacer Do Sal Wyndham Garden is a global real estate development firm that has been creating and operating high-quality assets in India, the USA, Canada, and Portugal for almost 40 years. The developer owns and operates various hospitality and student housing facilities of various sizes. They have an extensive record of successful development projects that deliver value to diverse stakeholders. Moreover, the developer produces itself on transparency and professionalism, as well as its ability to challenge the status quo to drive innovation.
Alcacer Do Sal Wyndham Garden Location
The Alcacer Do Sal Wyndham Garden Hotel is located in Alcácer do Sal municipality, which is less than an hour drive from Lisbon. The area is additionally just 15 minutes away from several stunning beaches, the town’s historic castle, a hospital, a church, and sightseeing spots along the beautiful Sado River. Alcácer do Sal is famous for its historic streets, artifacts, and museums.
Overall, the Alcácer do Sal and Coastal Alentejo regions receive over 700,00 guests annually. The area currently has a lodging capacity of over 9,000 rooms and an average of 2.4 nights per stay. Thus the area has a developed tourist infrastructure that caters to domestic and foreign tourists alike. Tourists are attracted to the region for both its own unique heritage and attractions, as well as its proximity to Lisbon.
Lisbon is Portugal’s largest city and capital. The city is also the country’s commercial, economic, and cultural center. Accordingly, it offers a wide range of shopping, culinary experiences, and attractions.
Investors in the Alcacer Do Sal Wyndham Garden will thus obtain an investment in a growing tourism market that has much to offer domestic and International tourists alike.