Mercan launches 24th project in Portugal: Hotel Palácio St. Louis

• 5 June, 23

Mercan pleased to launch a new 5-star luxury hotel project – Hotel Palácio St. Louis which qualified for Portugal Golden Visa program.

Located in Bairro Alto, where is one of the oldest and most picturesque districts of Lisbon’s historic center, known for its narrow- cobbled streets, centuries-old houses, traditional commerce, restaurants, and nightlife spots.

Being one of the most famous Lisbon area, the hotel is also surrounded by the historical Fado Houses that display the true culture of Portugal’s traditional music, declared Cultural and Intangible Heritage of Humanity by UNESCO.

With a dimension of 5696.81 m2, the 5-star hotel provides 68 luxurious rooms and suites, an outstanding exterior garden with a refreshing swimming pool, a restaurant, and a blazing bar, which are designed to provide the most unique and exclusive experience in the center of Lisbon.  

INVESTMENT OVERVIEW:

• Investment amount: 350,000 EUR
• Call for: 155 Investors
• Total project cost: 54.25M EUR
• Guarantee 3% annual income & Buyback after 6 years
• IMT and VAT are paid by Developer
• 7 days free stay per year Estimate completion date: 1Q, 2026

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