- Luxurious living in Portugal’s most premium destination, starting at EUR534,000
- Chance to discover your new dream home on March 1st at the Oberoi, Dubai
- One of very few investment options eligible for the Golden Visa Programme in 2022
- Portuguese passport application available after five years
Investors looking for a future-proof luxurious property investment in one of Europe’s most popular destinations can find out more during an exclusive, invitation-only event to be held at the Oberoi Dubai on March 1.
Wyndham Grand Algarve offers a truly exclusive property investment opportunity, with the chance to apply for a ‘Golden Visa’. Portugal’s Golden Residence Permit Program is a five-year residence-by-investment program for non-EU nationals. The residence permit allows visa-free access to Europe’s Schengen Area and requires an average stay of just 14 days every two years in Portugal over the five-year period.
A key attraction for investors is the visa package. By purchasing a residence at the Wyndham Grand Algarve, you are entitled to legal residency in Portugal and to travel freely between EU countries. You may also request residency for your immediate family members and later apply for Portuguese citizenship, and a Portuguese passport after five years’ residency.
Launched in May 2021, the resort development has already sold 25% of available properties, mostly sold through online viewing – with enquiries from more than 30 nationalities and multiple reservations on the way. It is especially popular with investors from the UK, Ireland, Netherlands and Russia, as well as emerging markets, the US and Brazil.
For investors prioritising return on investment, there’s a package with a guaranteed annual net return of 4%, based on a private usage period of three months. Property investments start at EUR534,000.
For those who wish to stay for longer, there are tailored packages – without the guaranteed return – featuring up to six-months usage.
The Wyndham Grand Algarve brings effortless ownership opportunities in the southern coast resort of Quinta do Lago, the most prestigious in the country’s famous ‘Golden Triangle’.
The resort development – just a 20-minute drive from Faro International Airport – is fringed by beaches and the sort of world-class amenities you’d expect in one of the world’s most highly respected tourism hotspots, including a high-performance sport centre, high fashion outlets, Michelin-star restaurants and close proximity to no less than five championship golf courses.
It’s set within a nature reserve where no further construction will be permitted, meaning the development will enjoy capital appreciation.
Residents can expect five-star hotel service by Wyndham Grand, and a complimentary six-year membership with the exclusive Registry Collection® vacation exchange programme, the world’s largest luxury exchange programme, featuring more than 240 of the finest vacation properties in the world.
Designed, fully furnished and fitted out to the highest specifications, the development comprises one- or two-bedroom apartments and penthouses, renovated and designed in warm, vibrant colours. All apartments feature open-plan living, a fully equipped kitchen, built-in wardrobes, dressing area, en-suite bathrooms, double-glazed windows and outdoor terraces/balconies overlooking communal gardens and/or pool areas. With high quality fixtures and fittings included, you can enjoy immediate benefits of ownership.
And that’s not all. As well as enjoying the very best lifestyle the Algarve has to offer, property investors are granted the longstanding privilege of access to state of-the-art leisure facilities, including fine dining at Dourado Restaurant and 12 other restaurants on site, Reflections Spa, gym, steam room and sauna, hot tubs, high fashion shops, a kid’s club, and indoor and outdoor swimming pools.
Ana Damásio, Director of Real Estate Sales and Marketing for the development, says: “This is a rare opportunity to buy into one of the world’s most renowned upmarket tourism destinations, with all the benefits and facilities global audiences have come to expect. That’s why we’re holding a very special introduction event by invitation that will take place at The Oberoi Hotel in Dubai on March 1st, to ensure all those interested get the chance to discover the opportunity and the visa scheme. We expect interest here in Dubai to be huge.”
The VIP launch event takes place at the Oberoi Dubai in Business Bay, from 5pm until 8.30pm. After a welcome drink, potential investors will view a presentation, followed by questions, cocktails and canapes. A lawyer will also be present to answer questions regarding the Golden Visa.