Living in Apartment and Hotel is the resident’s trend in Portugal

• 20 June, 21

The trend of living in a “branded apartment” seems to increased dramatically in Portugal, after the Covid-19 epidemic is under control.

We are talking about apartments, which are also located in the urban center, have all the amenities operated by international brands and are integrated in a luxury hotel or even in a resort . In other words, residents living here benefit from the hotel’s international brand of management as well as high-class services.

The market for serviced apartments in urban areas still has a lot of potential to grow, especially in Lisbon and Porto.

Mercan Group is implementing serviced apartment projects located in high-end hotels with international management brands such as Marriott, Sheraton, Holiday Inn. Prominent projects can be mentioned as: Marriott Lapa Porto, Sheraton Four Points Porto and most recently the Porto Art Suites project.

MERCAN/RAG is the largest hotel developer under Golden Visa program with investors coming from more than 40 nations worldwide. 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.

Golden Visa Program/ ARI is the most competitive program that provides foreign investors the right to reside in Portugal/EU and opens a gateway to get EU citizenship for themselves and their families. Golden Visa enacted since 2012 under 7 categories. Mercan Group launches 12 projects qualified for the Golden Visa Program under property rehabilitation category.