Mercan launches 19th project: Riverside Downtown Hotel Lisboa
- 3 January, 23
Mercan pleased to launch a new project in Lisbon – Riverside Downtown Hotel Lisboa which qualified for Portugal Golden Visa program
This is the 4-star hotel located on the emblematic Avenida 24 de Julho, one of the most well-known avenues in Portugal, Riverside Downtown Hotel is surrounded by a variety of services, transportation and restaurants, including the famous Time Out Market Lisboa.
Riverside Downtown Hotel will be a boutique hotel with character, perfect for welcoming guests with personality. With estimated 70 beautifully colorful rooms, the facilities of this 4-star hotel also includes a bar, restaurant and interior garden.
PROJECT INFORMATION:
Investment amount: 350,000 EUR
Call for: 110 investors
Total project cost: 38.5M EUR
Guarantee annual return 3%
Guarantee buy back after 6 years
IMT and VAT paid by Developer
7 days free stay per year
Estimate completion date: 1Q, 2025
Visit our Project 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.