Villa Termal das Caldas de Monchique Spa Resort is a hotel complex in Monchique, Algarve; consists of 4 different hotel units: Hotel Central, Central Suites & Apartments, Hotel Termal and Hotel D. Carlos Regis.
Currently, Villa Termal is in the process of renovating and modernizing its rooms and common areas, offering unique and even more comfortable suites in the future. This apartment is available for sale, a total of 33 units distributed over 4 buildings.
Buying a suite in this hotel is a great opportunity for investment and business: 280,000 euros in real estate in the rehabilitation process and located in a low-density area for obtaining a residence permit under the Golden Visa 2022 program.
In addition to accessing the Golden Visa for this amount, the hotel room owner has a guaranteed increase in yield, which starts from 3% and ends with 5% over 5 years.
Also, the owner of a hotel room can stay in the hotel up to 15 days a year.
Spa resort Villa Termal das Caldas de Monchique is located in the Serra de Monchique Natural Park, in a unique location, surrounded by valleys and nature. On its 39 hectares you will find various walking paths, several green areas and streams through which the world-famous Monshik water flows.
Monshike belongs to the municipality of Faro, located in the Algarve Mountains and is about an hour's drive from Faro Airport.