Alvor Beach Resort Phase 2
- 3 October, 23
Alvor Beach Resort Phase 2 is developed by Mercan Group that qualified for Portugal Golden Visa program.
Located in the Torralta Area, one of the most prestigious locations on Algarve coast. An amazing balcony above the sea, with breathtaking views over the coastline, only a few minutes away from the historic village center, and a 10-minute walk from the Torralta beach and Três Irmãos.
The 5-star Resort will have an expansion of 88 rooms to the existing 193 rooms, a regional restaurant, spa, gym, kids club, padel tennis court, a mini golf course, and an extraordinary rooftop to enjoy the perfect sunny golden hours.
The renewed architectural approach meets the distinct character of Alvor, making this region a place of choice for sun lovers and families from all over the world in a 300-kilometer coastline of a lifetime of memories.
INVESTMENT OVERVIEW:
- Investment amount: 280,000 EUR
- Call for: 130 Investors (Phase 2)
- Total project cost: 36.4M EUR
- IMT and VAT are paid by Developer
- 7 days free stay per year
- Estimate completion date: 4Q, 2025
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