Investment
The YAH opportunity.
Building a new hospitality destination in Portugal: a licensed rural tourism resort in the Alentejo, combined with a limited collection of private residences.
- 40 haLand
- 37Tourist keys
- 16Private villas
- 21Operator-retained units
- 5,698.4 m²Gross construction area
Where the project stands
Licensed, designed, now being financed.
- 2021
- JDSA masterplan study
- January 2024
- Municipal approval order, ref. 1354
- Now
- Detailed planning and financing
- Next
- Construction timing follows financing
Approval order as stated in the project dossier. An opening date is published only once construction timing is secured.
Business model
Three engines, one place.
Hospitality provides the base. Experiences raise the rate and the reason to return. Residences fund the build and bring a resident community.
Hospitality
- Stay
- Food
- Wellbeing
Experiences
- Retreats
- Masterclasses
- Events
Residences
- Villa sales
- Rental pool
- Management
Masterplan and architecture
Designed by JDSA, Julien De Smedt Architects.
The masterplan study places clusters of low timber pavilions between the existing cork oaks: standard villas, standard bungalows, a restaurant and common house, a mixed-use pavilion and a studio. Plans, sections and elevations are in the data room.
Renders show the 2021 masterplan study. Unit counts and areas in this section reflect the current dossier and supersede the study.
Concept render · JDSA masterplan study 2021
Investment economics
Current development model.
0%
Hybrid scenario based on current development and operating assumptions, in which villa sales reduce the capital required by the operator. Not a guarantee of future performance. All figures are model inputs from the current project dossier and are subject to change as planning, procurement and financing progress.
Operating assumptions
- Average daily rate
- €350
- Occupancy
- 65%
- GOP margin
- 40%
- Villa pool gross revenue split
- 40 / 60
Villa pool split shown as operator / owner.
Hybrid model
- Adjusted required capital
- €5.78M
- Operator NOI
- €1.33M
- Modelled yield on cost
- 22.92%
Villa-sales assumptions in the model are not confirmed public retail prices.
Project and site
A licensed rural tourism destination.
The project is structured under Portugal's Tourism in Rural Areas and agritourism framework, on forty hectares in the municipality of Santiago do Cacém, Alentejo Litoral.
The project dossier states that an approval order was issued by the Municipal Council of Santiago do Cacém on 26 January 2024 (Ref. License 1354). Documentation is available in the data room.
- Location
- Santiago do Cacém
- Region
- Alentejo Litoral
- Structure
- Rural tourism / agritourism
- Approval order (per dossier)
- 26 Jan 2024
- Reference
- License 1354
- Gross construction area
- 5,698.4 m²
Before the data room
What investors ask first.
The minimum ticket. How villa sales and hospitality revenue interact. What happens if villa sales run ahead of or behind plan. Which exit routes exist.
These answers live in the data room because they depend on figures we do not publish openly. Ask, and we will tell you what we can before a call.
Investor data room
Explore the opportunity.
Access is granted to qualified parties after a short conversation. The data room contains the full project dossier.
- 01Executive Summary
- 02Project & Site
- 03Planning & Licensing
- 04Architecture
- 05Development Budget
- 06Financial Model
- 07Residence Strategy
- 08Operating Model
- 09Impact Strategy
- 10Due Diligence
Request access
Tell us who you are and we will open the room.
This page is provided for information only and does not constitute an offer, solicitation or investment advice. Figures are drawn from the current project dossier and reflect model assumptions that may change. The modeled yield is not a guaranteed return. Prospective investors should rely solely on the materials in the data room and their own professional advice.