Portugal Investment History
Grand House Algarve
CGA Portugal FCR has signed a memorandum of understanding and is entitled to a 50% shareholding in the Grand House brand for €3,5 million. Grand House is an iconic lifestyle brand providing “Grand” experiences for its patrons. Grand House owns the 5-star Grand House Algarve and the Grand Beach Club.
A 28-room Relais & Chateux Hotel and Beach Club situated on the bank of the Gaudiana River in the town of Vila Real de Santo Antonio, that have been trading favourably for 3 years. Grand House recently acquired a concession for the construction of a second Grand Beach Club in the popular city of Porto.
Investment Summary
|
Investment by CGA Portugal FCR |
€3.5 million |
|
Targeted Annual Revenue Return |
3% Per annum |
