For the past 38 years, The Lakhani Group has been creating and managing high-quality assets in over 4 countries – India, the USA, Canada, and Portugal. Founded by Mr. Ramzan Lakhani, the group owns, develops, and operates hospitality and student housing portfolios. Since joining the family business, We have worked hard in bearing the torch to the next generation and have been recognized with various awards as successful entrepreneurs.
Developer company name
The Lakhani Group
Real estate market sectors
Hospitality
Total number of units in the project
110
What you purchase
Co-buy the property
Unit price range
€280,000 - €280,000
Current project state
All building permissions granted
Yes
Construction Start Date
June 2019
Construction Completion Date
March 2024
Post Construction:
Property manager
The Developer
All building permissions granted
Yes
Management Fee
N/A
Target annual returns
2% Up front fixed amount of 30,000. Annual returns assume buyback in Year 6.
Fixed return
Yes
Buyback option
Yes
Which category of Golden Visa
280,000 Euro Low Density Option
Become a Hotel Owner
The present business plan comprises an operation to be developed in Alcácer do Sal through the launch of a 4-star Wyndham Garden Hotel, located in the historic center just a few meters away from the Sado river.
- Reduced Golden Visa investment of €280,000
- Construction started in 2019
- Operation starting in 2024
- Upfront Yield of €30,000
- Guaranteed Buyback after six years
- Land Transfer Tax paid by TLG
- Value Added Tax on Construction paid by TLG
- Annual Property Tax paid by TLG