Introducing Soho Boutique Hotel San Blas – Canillejas, Madrid
A modern, chic business hotel situated in the heart of Canillejas, Madrid’s premier new business and technology district
Not keen on buying residential real estate to get Spain’s Golden Visa?
Then the following commercial property project may be just what you’ve been looking for. Priced at €500,000 (VAT inclusive), our flagship boutique hotel development project in Madrid ticks a lot of important boxes:
- A high-quality branded boutique hotel in Madrid, the capital of the world’s #2 tourism destination country.
- A tried and true commercial formula as previously pioneered under Portugal’s Golden Visa
- Start earning a guaranteed yield of 2.5% (NET) p.a. immediately – i.e. not only from when the hotel starts operating.
- Save €105,000 in VAT costs @ 21% (paid by the developer).
- Acquire 3 x titled deeded hotel rooms – i.e., this is not a share scheme development.
- Enjoy 7 nights’ free accommodation per year at any of the 40+ other Spanish boutique hotel properties in the Group.
- And last but not least – enjoy you get a guaranteed buy-back after 9 years for unrivalled peace of mind.
Contact us now for more information, or find out more below…
Spain Golden Visa Hotel Development
Our €500K Spanish Golden Visa Hotel option is ideally suited for applicants who prefer a stable, proven hospitality business model in one of the world’s top travel destinations.
Offering management by the acclaimed Soho Hotels Group, a guaranteed NET yield of 2.5%, plus complimentary annual stays across the group, this option makes sense from a financial and lifestyle point of view.
Watch the 3-minute video overview below.
The San Blas Hotel Development At A Glance
An exclusive 3-star business hotel with 66 rooms, operated by Soho Hotels, an acclaimed Spanish boutique hotel brand.
Developed by Benrock Capital, a highly experienced real estate developer with a proven track record of success.
The Group portfolio includes properties like Soho Boutique Ópera (Madrid), Soho Boutique Sevilla and Soho Boutique Córdoba.
Ideally situated in Canillejas, Madrid’s premier new business and technology district.
A total project value of €11 million, with 22 participant slots available @ €500,000 each.
3 x Title-deeded room units per investor – i.e. NOT a share scheme based project.
Hotel amenities include a bar, terrace, rooftop pool, a 24 hour concierge, restaurant as well as fibre connectivity throughout.
A guaranteed (mandatory) buy-back after Year 9 for unrivalled peace of mind.
Plus, enjoy 7 complimentary nights’ accommodation per year at any of the 40+ other Group hotels situated across Spain.
Benefits Of The Spanish Golden Visa In 2024
Own The Ultimate Lifestyle
Spain is renowned for its superb weather, safety, relaxed pace, quality of life, and exceptional affordability. And all of this could be yours in 2024…
Exceptionally Fast Approvals
Obtain your Golden Visa in just 2-3 months: By law, all Spanish Consulates must respond to Golden Visa applications within a maximum period of 21 days.
Strategic Diversification Play
Diversify your property holdings by gaining exposure to one of Europe’s top-performing economies… Whilst also diversifying where you and your family can live – fast.
A Highly Stable Program
Unlike Portugal, which has experienced significant ructions and uncertainty in the past year, Spain’s Golden Visa program is stable, locally supported, and uncontested politically.
No Processing Delays
Unlike Portugal – and more recently, Greece given a spike in its application volumes – Spain does not have any Golden Visa processing backlogs. Hence application timelines remain reliably short.
The Perfect Plan B
Live, study, work or retire anywhere in Spain – without the obligation to spend any time there unless you choose to… And extend the same benefits to your family.
Clear Path To Citizenship
You can apply for citizenship after holding your Spanish Golden Visa residency status for 10 years – or after just two years of residency, if you hail from Spanish-speaking Latin America, Cuba, Puerto Rico or the Philippines.
Any Property, Anywhere In Spain
You can qualify for the Spanish Golden Visa by buying either residential real estate, commercial property, or land to the value of €500,000+. And the property can be situated anywhere in Spain, including in the Spanish islands.
Russians (Still) Eligible To Apply
Unlike with most of the other EU Golden Visa programs, Russians and citizens of Belarus are still eligible to apply for the Spanish Golden Visa – provided their funds are already held outside of Russia.
Residential Property vs €350K Commercial Option vs €500K Hotel Golden Visa Option
Understanding the advantages and disadvantages…
| CONSIDERATIONS | STANDARD RESIDENTIAL PROPERTY | OUR €350K COMMERCIAL PROPERTY OPTION | OUR €500K GOLDEN VISA HOTEL OPTION |
|---|---|---|---|
| Minimum Effective Capital Outlay | €500,000 | €350,000 (10-Year yield @ 3% paid upfront: €150,000) | €500,000 |
| Base Property Transfer Cost Barcelona | 10% (€50,000+) | 2.5% (€12,500+) | N/A – Project located in Madrid |
| Base Property Transfer Cost Madrid | 6% (350,000+) | 1.5% (€7,500+) | 21% VAT Included – Save €105,000 on transfer costs |
| Projected Yield | Variable, around 3-5% (GROSS) p.a.- if rented at all | 3% (NET) Guaranteed p.a. | 2.5% (NET) p.a. |
| Minimum Hold Period (To Renew Temporary Residency) | 5 Years + | 10 Years + (early exit possible subject to penalties) | 9 Years |
| Illegal Occupation Risks | Higher | Lower | N/A |
| Ongoing Maintenance Costs | Variable – paid by owner | N/A – maintenance costs included | N/A |
Why Choose Us?
Proven Track Record
Established in 2013, we’ve helped 650+ applicants from around the world obtain their Spanish Golden Visas with ease.
First-Hand Experience
Several of our team members have undergone the Spanish immigration process – including through the Spanish Golden Visa Program.
Serving, Not Selling
We’re here to make sure your Golden Visa journey is smooth, successful and predictable in 2024 – NOT to sell you options you don’t need.
The Fast-Track Citizenship Pros
Are you from Argentina, Brazil, Chile, Peru, Venezuela, the Philippines or another former Spanish territory? You can obtain citizenship after just two years of residency.
Skip The Middleman
Based in Barcelona and Madrid, we’re a full-service, backbone Golden Visa supplier. By choosing us, you don’t have to deal with foreign resellers and pay them extra in the process.
Full-Service Real Estate Experts
Whether you’re looking for that dream holiday home, primary residence or a plug-and-play commercial solution, our real estate experts can help you find the perfect match.