This particular opportunity is on the Costa de la Luz, near the Spanish and Portuguese border around 30 mins from Faro international airport.
Contained within a gated complex, there are 200 built units that are predominantly 2-3 bedroom townhouses with around 8 small detached villas. Originally built as a second home enterprise, the complex lends it self as a retirement village as certain repositioning could result in forming a retirement retreat with facilities to suit able bodied and those needing care as well. The opportunity is offered in four ways as follows:
1) Outright purchase (either pre or post repositioning)
2) Long lease agreement from a significant and established firm in the sector
3) JV with an established firm in the sector who takes a management agreement and has demand to facilitate the sale of properties to their clientele
4) open to other potential structures.
Final price accepted may be subject to our fees of 3.5% net of VAT. (Paid by seller unless seller pays less and then difference made up by buyer)
Senior living investments offers a choice of several 'Golden Visa' programs for residency and citizenship through investment….The investment opportunity above is no exception.
Visa free travel to over 120 countries. An ideal choice for a second passport. Please ask for further details.
Huelva (Andalusia, Spain)
Build size: N/A
Price:
48,000,000€
New price:
14,000,000€
Ref: Huelva, Andalusia