For Sale: 4 acres of land and a licensed project for building a hotel.

- The business proposition consists of the sale of the land plot with a fully approved project for the development of the hotel.
- Construction license ready to be issued for the development of the hotel it is estimated a total investment of 7,8M€ + VAT.
- Estimated to last for 24 months.
- As the plot is located within the urban renovation area (ARU) of Porto Carvoeiro the project benefits from a reduction of the VAT on construction works from 23% to 6%. Golden Visa Approved.
- Our client's project is located in Portugal but we are advisors located in Dublin.

Boutique luxury hotel with a spa and a Michelin-star restaurant (project).

The directors of the company funded the business and they want now to sell this fully licensed project to be built nest to a marina in Douro River. No loan under the business.

The land area of 4 acres, the project, and all the licenses.