Mercan launches 20th project: Ocean View Hotel

• 6 January, 23

Mercan Group pleased to launch a new project in Alentejo – Ocean View Hotel which qualified for Portugal Golden Visa program.

This is a 4-star hotel and unit flagged by an International Brand. Located on the Alentejo coast, the Santo André Lagoons Nature Reserve stretches over 16 km and includes two lagoons: Santo André lagoon, the largest on the Alentejo coast, and the smaller Sancha lagoon.

Ocean View Hotel St. André has perfectly framed in the surrounding natural landscape consists of 46 comfortable rooms, all with magnificent views over the beach and Santo André lagoon. Furthermore, the project also includes a wide range of support facilities, including a meeting room, rooftop swimming pool, gymnasium, bar and restaurant.

PROJECT INFORMATION:

Investment amount: 280,000 EUR

Call for: 65 investors

Total project cost: 18.2M EUR

Guarantee buy back after 6 years

IMT and VAT paid by Developer

7 days free stay per year

Estimate completion date:  4Q, 2024

Visit our Projects Gallery to know more about the features of hotel project.

Mercan Asia – Part of Mercan Group of Companies is the Global Support Center for International Investor. MERCAN and its local partners in Portugal confidently hold more than 50% market share under this category. The company commit to be the most professional, transparent and trusted partner for our investors in Portugal.