Real Estate Investor Magazine South Africa October 2018 | Page 53

ADVERTORIAL Pestanaproperties do indeed make a very tempting invitation to partner with the group by purchasing a property either Off- Plan at Silves Golf Resort, or at Gramacho Residences with immediate occupation and rental stream of guaranteed 5%p.a. Entering into a “Partnership “by acquiring a property at Silves Golf Resort, or Gramacho Residence, is definatly a Hole in One. • Starting prices € 60 000.00 • Personal tax at 20%pa • 70% mortgage facility • Mortgage rates at 1.80% pa • Guaranteed rental income of 5%pa • € 10 000 Deposit to secure property • No Levies or maintenance costs. • No Inheritance taxes. • Wealth and Risk diversification • Occupy, Rent or Sell at any time. • A “partnership “with a very successful 45-year-old Multinational group. • Property may qualify for Portugal Golden Visa programme. Celebrating this year, 45 years in tourism sector, Pestana Group holds a very strong and diversified presence in areas such as; Hotels, Golf Tourism, Real Estate, Vocation Clube, Travel Agency, Tour Operators, Casino, and Airlines. The Group has a worldwide footprint in 4 continents, 15 countries, including South Africa Pestana Kruger Lodge at world renowned Kruger Park. The group own a total of 90 hotels with 11 000 rooms, employ 7000 dedicated professionals and 3 Million guests per year, enjoy their hospitality. Pestana group in 2016 achieved adjusted net assets of € 819 million (R126.9 billion) and revenue of € 347 million. Please visit www.pestanagroup.com for more detailed information on their financials. In sunny Algarve they have a total of six Golf Resorts, with two European Golf Courses, Gramacho signed by Nick Price and Vale da Pinta designed by Fream. Property owners enjoy special facilities on all six golf courses. www.pestanagolf.com Cristiano Ronaldo, world’s most famous soccer player, has recently partnered with Pestana group and opened four PestanaCR7 boutique hotels, for the modern day millennial traveller in Lisbon, New York, Madrid and Funchal Madeira. Depending on the amount invested, the property may qualify for Golden Visa Programme, which allows South Africans to acquire immediate residency for the entire family, including dependent parents, without having to immigrate out of South Africa. South Africans ranked 3rd in number of foreigners acquiring Golden Visas in Portugal. The Portuguese Golden Visa Programme is one of the most attractive and flexible in Europe with the view of acquiring a European Passport. Please visit Portuguese Immigration: www.sef.pt As difficult as it may seem, investing off-shore with a week rand to the Euro, it is worth your serious consideration to diversify from local property and investment portfolios, and its exposure to inherent South African risks. You stand a good chance that a property investment with Pestana Golf Resorts, will reap returns in capital growth, the potential of currency growth, plus a passive income of 5% in Euros and personal tax rate at 20%pa. One may also consider gearing the existing property investment, which is generating 5.0% income per annum, to fund a second property at 1.80%pa. Effectively generating a net income of 8.20% pa, plus capital growth of two properties. With the accompanying Golden Visa benefits of Immediate Residence for the entire family, future European Residency and creating a possible tax structure, to retire with a personal tax rate of 10%pa. This certainly sets up a more diversified risk-free wealth creation and maintenance, for now and future generations in this globalized world. Please visit our website www.pestanaproperties.co.za for more information on Silves Golf Resort and Gramacho Residences at Gramacho Golf Estate. You may also read about Portuguese Golden Visa, the benefits of Tax Regime for Non-Habitual Residents with a view to future Retirement Planning. Please be advised that mortgage rates may vary and are influenced by each financial property application. Contact Mario Martins [email protected] SA Real Estate Investor Magazine OCTOBER/NOVEMBER 2018 51