Legendary Hotels and Resorts unveil plans for
50-room hotel, set in a stunning Portuguese National Park
REYKJAVIK, Iceland,
Dec. 5, 2022 /PRNewswire/
-- Acclaimed Icelandic hotel operator, Legendary Hotels and
Resorts, are delighted to announce their latest international
acquisition - a large, 50-room hotel, situated in a truly
picturesque location, within a stunning Portuguese National
Park.
The hotel will be upgraded to a high standard using finance from
several major retail investors, allowing each of these to obtain a
golden visa, and become a citizen of Portugal after a period of five years has
elapsed. The Portuguese 'golden visa' programme is one of only a
handful of European Union 'residency to citizenship' programmes in
existence, and is scheduled to run until at least the end of 2023,
as per parliamentary voting that took place in November, 2022.
Dmitrijs Stals, CEO at Legendary
Hotels and Resorts, said:
"We believe that the scheme is a win-win for all parties
involved. The local municipality will enjoy all the benefits and
comforts of a modern city hotel, including the creation of numerous
job opportunities for local people, we will add a beautiful new
commercial property to our already impressive portfolio, and
investors will receive their golden visas and - potentially -
Portuguese passports for a contribution of as little as
€280,000 each. We're busy making plans to ensure that the hotel's
guests will have a wonderful stay there when the facility opens, as
is the priority with all of our projects."
Legendary Hotels and Resorts have recently announced ambitious
plans to open 12 hotels, with more than 1000 rooms, across
Iceland by the end of 2025. The
forward-thinking company is also exploring multiple additional
opportunities around the globe.
Their most recent acquisition is a jewel tucked away in the
stunning national park of Serra da Estrela, in Portugal, close to the tourist town of
Celorico da eira. After extensive renovations have taken place, the
hotel will be renamed 'the Legendary Serra Hotel', with rooms
upgraded to 4-star standard, alongside a beautiful spa area. Watch
this space for another exciting development from Legendary Hotels
and Resorts.
Media Contact:
Madara Kviesite,
+3544499999,
madara@legendaryhotels.com
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