The Landmark Building, 5B Ton Duc Thang, District 1, HCMC
Mon - Fri 08:30-17:30
Hotline: 0931 830 838 - 0901 329 729

Project LUX RESIDENCES HOTEL.

Interimm © > Portfolio > Bồ Đào Nha > Project LUX RESIDENCES HOTEL.

STRENGTHSx

  • Enjoy the restoration of historic works policy – recognized as UNESCO World Heritage.
  • The Portugal 2020 Fund provides financial support during project construction phase.
  • The second 5* hotel in Porto, Portugal.
  • Located in the historic center, one of the most emblematic street in Porto.
  • Invest in hotels in one of the five cities with the highest number of annual visitors in Europe
  • High occupancy in Porto at 73.5%

INVESTMENT INFORMATIONx

  • Total Project Cost: 2 Million EUR
  • Number EB5 Investor: 32, $350.000 EUR/ each
  • The construction period starts from 01/2017: 12 months
  • Committed Interest: 4% per year
  • Profit after 6 years of investment: EUR 83,000

INVESTOR BENEFITSx

  • Real Estate Transaction Tax (IMT) Reimbursable €13,000 per investor
  • Annual Property Tax (IMI)* Paid by Synallagmatic
  • Committed Interest: 4% per year
  • Apply for permanent residency in Portugal after 5 years, naturalisation after 6 years of temporary residence.
  • After 6 years, 100% return on investment.
  • Be an owner of Lux Residences Hotel.
  • Has the right to withdraw investment / sell assets at any time from the second year.
Download project timeline

PROJECT REVIEWx

Rehabilitation of an historical work – the Palatial House was built in 18th Century – in Porto into a 5* hotel includes:

  • 32 decorated and equipped Suites (Studio/1-bed/2 – beds)
  • Club and Spa
  • Stylish Restaurant and Shop
  • Indoor and outdoor swimming pool
  • Parking area

Approval was advertised in the Official Gazette, 2nd series, no. 134, dated 12th of July 2012

The project is located in the Urban Regeneration area right in the center of the ancient town of Porto, in one of the busiest and most emblematic streets of the area.

Walking distance to Metro and Train Station. 20 minutes from the airport, 1 minute walk to the Convention Center

Close to museums, art galleries, theatres and gardens.

Only 5 minutes walk to the river and 10 minutes to the beach by car or tram.