MERCAN LAUNCHES NEW PROJECT IN FARO, PORTUGAL – THE RIVERSIDE HOTEL FARO

  • 22 September, 22

Mercan Group pleased to launch a new project of Mercan Group in 2022 – THE RIVERSIDE HOTEL FARO which qualified for Portugal Golden Visa Program.

The Riverside Hotel Faro is a 4-star hotel flagged by International Brand Hotel. The hotel is located ịn Faro, the largest city in the Algarve region, and its distance of about 7km from Faro Airport is the international connections to several countries. Moreover, Faro has known for its beautiful historical heritage and its outstanding beaches.

Especially, The Riverside Hotel’s promenade has a special character where guests can walk, enjoy, visit the local markets, and appreciate the views of the surrounding beaches.

PROJECT INFORMATION:

  • Total project cost: 40.6M EUR
  • Estimate completion date: 3Q, 2024
  • Investment amount: 280,000 EUR
  • Call for: 145 investors
  • Guaranteed Buy-back: 100%
  • IMT and VAT are paid by Developer
  • 7 days free stay per year

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.

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