S. BRÁS H OT E L - É V ORA

WELCOME TO · WELCOME HOME A G A T E W A Y T O E U C ITIZ E N SHIP E U R OPEA N U NION A G A T E W A Y T O E U CITIZ ENSHI P E U R O PEA N U NION

GDP 27 REPRESENT MEMBER 22% GLOBAL STATES GDP NUMBERS IN 2018

28 EUROPEAN COUNTRIES SCHENGEN AREA EUROZONE PART OF THE EU COUNTRIES COUNTRIES

Austria Austria Austria Belgium Belgium Belgium AREA Bulgaria Czech Republic Cyprus SCHENGEN 4.42 MILLION Croatia Denmark Estonia ZONE KM 2 Cyprus Estonia Finland FREELY Czech Republic Finland Denmark France Germany Estonia Germany Greece Finland Greece Ireland France Hungary Germany Iceland Latvia Greece Italy Lithuania Hungary Latvia Luxembourg Ireland Liechtenstein Malta Italy Lithuania the Netherlands 24 POPULATION Latvia Luxembourg Portugal OFFICIAL +513 MILLION Lithuania Malta Slovakia LANGUAGES EST. 2018 Luxembourg Netherlands Slovenia Malta Norway Spain Netherlands Poland Poland Portugal Portugal Slovakia Romania Slovenia Slovakia Spain Slovenia Sweden Spain Switzerland Sweden United Kingdom* 62 EURO ZONE * UK is leaving EU on March 29, 2019 YEARS IN PEACE 19 decision on June 2016. COUNTRIES

3 A G A T E W A Y T O E U CITIZ ENSHI P E U R O PEA N U NION

“BEING A EUROPEAN CITIZEN MEANS YOU BENEFIT FROM ALL THE BEST THINGS:

A continent at peace The world’s biggest economy The freedom to move”

VIVIANE REDING Vice President - Justice, Fundamental Rights and Citizenship

4 A G A T E W A Y T O E U CITIZ ENSHI P E U R O P E AN UNION

AT A GLANCE 7 EU FREE MEDICAL COVERAGE CITIZENSHIP RIGHTS POWERFUL SAFETY PASSPORT FOOD Visa-waiver to STANDARD 150+ countries

FREE NON MOVEMENT DISCRIMINATION Live, work and study across the EU

FREE VOTING EDUCATION & BEING Most of the A CANDIDATE EU countries RIGHTS

5 A G A T E W A Y T O E U CITIZ ENSHI P E U R O PEA N U NION

EUROPE IS A WORLD LEADER IN QUALITY OF LIFE 2016 or latest available data

Canada EU27 Life expectancy Life expectancy 82.2 80.7 Happiness Happiness 7.3 6.7 Paid vacation Paid vacation 10 22 Maternity leave Russia Maternity leave 8.2 17.3 Time not at work Life expectancy 70.5 Time not at work 14.4 15.5 Top 1% income share Happiness 6.0 Top 1% income share * 13.6 * 10.3 Paid vacation 20 Maternity leave 20 Time not at work 15 Top 1% income share * 20.2

Japan Life expectancy 83.7 Happiness USA 5.9 Paid vacation 10 Life expectancy 79.3 Maternity leave 9.4 Happiness 7.0 Time not at work 14.9 Paid vacation 0 Top 1% income share * 10.4 Maternity leave 0 Time not at work 14.5 Top 1% income share * 20.2 China Life expectancy 76.1 Brazil Happiness 5.3 Life expectancy 75.0 Paid vacation 5 Happiness 6.6 Maternity leave 14 Paid vacation 22 Time not at work N/A Maternity leave 17 Top 1% income share * 13.9 Time not at work 15 Top 1% income share * 28.3 South Africa Australia Life expectancy 62.9 Life expectancy 82.8 Happiness 4.8 Average life expectancy at birth, in years Happiness 7.3 Paid vacation 15 Paid vacation 20 Index (10 happiest) Maternity leave 10.2 Maternity leave 2.5 Minimum days of paid annual leave Time not at work N/A Time not at work 14.4 Top 1% income share * 19.2 Full paid maternity leave, in weeks Top 1% income share * 9.1 Time devoted to leisure and personal care per day, in hours * % of national income of the top 1%

6 G OLDEN VISA P R OGR A M POR T UGA L G O LDEN V I SA P R O GRAM P O R T U G A L

THE FASTEST PROGRAM TO OBTAIN government program, enacted on 8th Oct 2012. EU RESIDENCE

By 31st December 2019, PERMIT THROUGH Portugal issued 22.214 resident permits to investors INVESTMENT and their family members. ACTIVITY IN PORTUGAL.

12 G O LDEN V I SA P R O GRAM P O R T U G A L

GOLDEN RESIDENCE PERMIT TOTAL INVESTMENT 7735 ARI BY ACQUIRING REAL ESTATE PROGRAMME (ARI) 4 992 253 830,95€ (6816 by subparagraph iii) and 334 by Data from the 08th of October 2012 to the 31st of December 2019 subparagraph iv), of paragraph d), article 482 783 007,88€ 3 of Law 23/2007, of 4 July, as amended) BY CAPITAL TRANSFER 7.735 14.007 455 ARI BY TRANSFERRING Residence permits Residence permits 4 509 470 823,07€ CAPITAL for pursuing investment to family members BY PURCHASING A REAL ARI BY CREATING AT LEAST, activities (ARI) ESTATE PROPERTY 16 10 JOB POSITIONS MAIN NATIONALITIES 2012 2 2016 1414 - 2016 2344 China 4467 South Africa 320 2013 494 2017 1351 2013 576 2017 2678 2014 1526 2018 1409 2014 2395 2018 2500 Brazil 863 Russia 296 2015 766 2019 773 2015 1322 2019 2192 Turkey 380

STATISTIC 14.007 8.207 RESIDENCE ORGANIC LAW 2/2018 RESIDENCE The time period for a foreign national to apply PERMITS TO PERMITS TO for Portuguese nationality has decreased from FAMILY INVESTORS 6 years to 5 years. MEMBERS

13 G O LDEN V I SA P R O GRAM P O R T U G A L

REQUIREMENTS

NO AGE NO MANAGEMENT NO EDUCATION NO FINANCIAL NO LIMIT EXPERIENCES LIMIT PROOFS INTERVIEW

VALID LEGAL VALID MEDICAL 07 DAYS 5 YEARS OF PASSPORT RESIDENT INSURANCE OF STAY INVESTMENT

14 G O LDEN V I SA P R O GRAM P O R T U G A L

THE BEST THINGS ABOUT PORTUGAL

GOLDEN VISA FREE EDUCATION ONLY 01 YEAR STRENGTH FOR KIDS AND PROTECTED TO GET PORTUGAL/EU HEALTHCARE SYSTEM RESIDENCE PERMITS FOR PARENTS

VISA-FREE TRAVEL NO WORLDWIDE TO SCHENGEN AREA INCOME TAXES (26 COUNTRIES)

APPLY FOR EU CITIZENSHIP, LIVE, STUDY, FREE VISA ACCESS WORK IN EU WITH TO 150+ COUNTRIES FAMILY & CHILDREN

15 WE PRESENT Y O U HOTEL ROSSIO SÃO BRÁS R O S S I O S Ã O B R Á S HO TEL É V ORA

LOCATION

Évora is a town in Portugal’s Alentejo region, southeast of at 135 kilometers, known for its Roman ruins, university, and beautiful buildings dating from the 16th to the 18th centuries.

Évora was a major trading and religious centre, and this former importance is

monuments, all of which are all conveniently situated within the city’s ancient walls.

Nowadays it is a city full of life and with a unique vibe, provided by the presence of its ancestral university and its student population. Évora, a city that knew how to evolve through time, a melting pot of cultures, styles and beauty that deserves to be visited.

17 R O S S I O S Ã O B R Á S H O TEL É V ORA

LOCATED NEAR THE HEART OF WORLD HERITAGE ÉVORA

ROMAN TEMPLE Also referred to as the Templo de Diana is part of the historical centre of the city,

UNESCO as a World Heritage Site.

ÁGUA DE PRATA AQUEDUCT GIRALDO SQUARE Is one of the Iberian Peninsula’s greatest In Évora, all streets lead to this 16th century building projects. The iconic space. It has been like this aqueduct provided clean drinking water to since its construction, in 1571/1573. Évora by connecting the city to the nearest This is where you will end up walking to. And where you will want to sit on a terrace and have a drink. CHAPEL OF BONES It is a small interior chapel located next to ÉVORA UNIVERSITY the entrance of the Church of St. Francis. It is the second oldest university in The Chapel gets its name because the Portugal, established in 1559 by interior walls are covered and decorated then cardinal Henry, and receiving with human skulls and bones. University status in April of the same year from Pope Paul IV.

18 R O S S I O S Ã O B R Á S HO TEL É V ORA

THE PLACE TO INVEST IN THE HEART OF ALENTEJO , NEAR EVERYTHING

ALL MAJOR TOURISTIC SPOTS within 5 min walk

HIGHWAY Connection to - 1h20 Connection to Spain - 1h10

TRAIN Connection to Lisbon and Spain

19 R O S S I O S Ã O B R Á S HO TEL É V ORA

INVESTORS DATA SOCIAL, DEMOGRAPHIC

AND ECONOMIC FIGURES AREA IN KM 2 HIGHER EDUCATION ESTABLISHMENTS 1.307 5 WINE A wine producing region with a long RESIDENT POPULATION MUSEUMS tradition, the Alentejo boasts wines that 56.664 5 will surprise you for their excellence, aromas and colours as unique as the AVERAGE TEMPERATURE landscape and the cuisine. IN SUMMER LIVE SHOWS 24ºc 226

OLIVE OIL Alentejo has also the largest area of olive FOREIGN POPULATION BANKS oil production in Portugal, where you can 2.021 27 see traditional, semi-intensive and intensive methods of olive tree HOSPITALS RESTAURANTS cultivation, with three brands of DOP Oil. AND BARS 2 859

PHARMACIES 22

20 ÉVORA HISTORIC CENTER

BUS STOP

LISBON AIRPORT 1h20 MADRID

LISBON ÉVORA

ALGARVE TRAIN STATION R O S S I O S Ã O B R Á S HO TEL É V ORA

HOTEL CONCEPT

Évora Hotel will operate under the Hilton Garden Inn brand and which is the perfect concept to give the Hotel a vibrant, modern and sophisticated atmosphere where an open plan space is combined with ingenious detailing and light furniture to allow

experience.

140 bedrooms Reception & Shop Bar Dinning Roof Top Pool & Bar Multi-functional meetings rooms

22 R O S S I O S Ã O B R Á S HO TEL É V ORA

HOTEL CONCEPT

140 GUESTROOMS

The guestroom has plenty of thoughtful touches and intelligent solutions to enhance the guest experience.

Planned to provide an open space with double-sided wardrobe and ‘exploded’ bathroom creating a light and airy space to promote rest and rejuvenation.

Mirror Smart TV with wireless Corner seat Sheer roller Black-out making facilities tablet/phone/laptop with pull blinds curtains and fridge connectivity out bed

23 R O S S I O S Ã O B R Á S H O TEL É V ORA

HOTEL CONCEPT

RECEPTION & SHOP

The residential-style table acts as an information point, whilst functional storage is hidden within the timber framework wall.

Transitioning from the Reception, the Shop

alongside communal high tables.

24 R O S S I O S Ã O B R Á S H O TEL É V ORA

HOTEL CONCEPT

BAR

A social pivot point providing guests and

DINNING

Lounge and Dining Areas have adaptability for

25 R O S S I O S Ã O B R Á S H O TEL É V ORA

HOTEL CONCEPT

ROOFTOP

A social area providing guests a calm, relaxing and natural spot to enjoy the views

MULTI – FUNCTIONAL MEETING ROOMS

Lounge Meeting rooms with adaptability for

for guests and members of the public for presentation and events.

26 R O S S I O S Ã O B R Á S H O TEL É V ORA -2 FLOOR PLANS PLAN

27 R O S S I O S Ã O B R Á S H O TEL É V ORA

-2 FLOOR PLAN

PLANS -1 FLOOR PLAN

28 R O S S I O S Ã O B R Á S H O TEL É V ORA

-2 FLOOR PLAN

PLANS -1 FLOOR PLAN

GROUND FLOOR PLAN

29 R O S S I O S Ã O B R Á S H O TEL É V ORA

-2 FLOOR PLAN

PLANS -1 FLOOR PLAN

GROUND FLOOR PLAN 1ST FLOOR PLAN

30 R O S S I O S Ã O B R Á S H O TEL É V ORA

-2 FLOOR PLAN

PLANS -1 FLOOR PLAN

GROUND FLOOR PLAN

1ST FLOOR PLAN

2ND FLOOR PLAN

31 R O S S I O S Ã O B R Á S H O TEL É V ORA

INVESTMENT TOTAL PROJECT OVERVIEW COST 21 MILLION INVESTMENT

CALL FOR INVESTMENT INVESTORS AMOUNT 75 280.000€

GOVERNMENT INCENTIVE • IMT - 9.100€

PROJECT TIMELINE • Call for Investors: October 2020 • Start of Operation: 2nd semester of 2022

32 R O S S I O S Ã O B R Á S H O TEL É V ORA

FINANCIAL FORECAST

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

EURO € Amount Ratio Amount Ratio Amount Ratio Amount Ratio Amount Ratio Amount Ratio Amount Ratio REVENUES Rooms 3 863 540 76,60% 3 994 301 79,19% 4 110 542 81,49% 4 230 251 83,87% 4 313 041 85,51% 4 397 474 87,18% 4 483 581 88,89% Rooms 3 648 540 72,33% 3 777 151 74,88% 3 891 221 77,15% 4 008 736 79,48% 4 089 311 81,07% 4 171 507 82,70% 4 255 354 84,37% Rooms Rental 200 000 3,97% 202 000 4,00% 204 020 4,04% 206 060 4,09% 208 121 4,13% 210 202 4,17% 212 304 4,21% Others 15 000 0,30% 15 150 0,30% 15 302 0,30% 15 455 0,31% 15 609 0,31% 15 765 0,31% 15 923 0,32% Food & Beverage 1 180 410 23,40% 1 192 214 23,64% 1 204 136 23,87% 1 216 178 24,11% 1 228 339 24,35% 1 240 623 24,60% 1 253 029 24,84% Total revenue 5 043 950 100,00% 5 186 515 102,83% 5 314 679 105,37% 5 446 428 107,98% 5 541 381 109,86% 5 638 097 111,78% 5 736 610 113,73% DEPARTMENTAL EXPENSES Rooms 1 071 071 55,02% 1 091 227 56,06% 1 109 619 57,00% 1 128 331 57,96% 1 142 847 58,71% 1 157 558 59,46% 1 172 468 60,23% Food & Beverage 875 623 44,98% 886 964 45,56% 898 458 46,15% 910 106 46,75% 921 911 47,36% 933 875 47,97% 945 999 48,60% Total departmental expenses 1 946 694 100,00% 1 978 191 101,62% 2 008 077 103,15% 2 038 437 104,71% 2 064 758 106,06% 2 091 433 107,44% 2 118 467 108,82% DEPARTMENTAL PROFIT Rooms 2 792 470 90,16% 2 903 074 93,73% 3 000 923 96,89% 3 101 920 100,15% 3 170 194 102,35% 3 239 915 104,61% 3 311 113 106,90% Food & Beverage 304 787 9,84% 305 250 9,86% 305 678 9,87% 306 072 9,88% 306 429 9,89% 306 748 9,90% 307 030 9,91% 3 097 257 100,00% 3 208 324 103,59% 3 306 602 106,76% 3 407 992 110,03% 3 476 623 112,25% 3 546 664 114,51% 3 618 143 116,82% UNDISTRIBUTED EXPENSES Admin & General 114 750 8,10% 116 471 8,22% 118 218 8,34% 119 992 8,47% 121 791 8,60% 123 618 8,73% 125 473 8,86% Management Fee 582 231 41,10% 488 799 34,50% 521 587 36,82% 556 419 39,27% 567 295 40,04% 578 387 40,82% 589 750 41,63% Sales & Marketing 33 577 2,37% 33 666 2,38% 33 740 2,38% 33 815 2,39% 33 853 2,39% 33 891 2,39% 33 930 2,39% Maintenance 80 239 5,66% 81 198 5,73% 81 984 5,79% 82 785 5,84% 83 194 5,87% 83 607 5,90% 84 024 5,93% Energy 226 251 15,97% 231 907 16,37% 236 546 16,70% 241 277 17,03% 243 689 17,20% 246 126 17,37% 248 587 17,55% Taxes 211 846 14,95% 217 834 15,38% 223 217 15,76% 228 750 16,15% 232 738 16,43% 236 800 16,71% 237 490 16,76% Others 167 869 11,85% 169 812 11,99% 189 297 13,36% 191 280 13,50% 192 291 13,57% 193 313 13,64% 194 344 13,72% Total undistributed expenses 1 416 763 100,00% 1 339 687 94,56% 1 404 588 99,14% 1 454 317 102,65% 1 474 852 104,10% 1 495 742 105,57% 1 513 598 106,83%

1 680 493 1 868 637 1 902 014 1 953 675 2 001 771 2 050 921 2 104 544 GOP / Revenue 33,32% 36,03% 35,79% 35,87% 36,12% 36,38% 36,69%

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Nr. Days 365 365 365 365 365 365 365 Available Rooms 140 140 140 140 140 140 140 ADR 102 103 104 105 106 107 108 Occunpancy Rate 77,00% 71,75% 73,19% 74,65% 75,40% 76,15% 76,91% Room Nights 35 770 36 664 37 398 38 145 38 527 38 912 39 301

Room Revenue (€uros) 3 648 540 3 777 151 3 891 221 4 008 736 4 089 311 4 171 507 4 255 354

33 R O S S I O S Ã O B R Á S H O TEL É V ORA

PORTUGAL GOLDEN VISA PROGRAM

TOTAL COST CALCULATOR AFTER 6 YEARS

SINGLE INVESTOR

TOTAL COST OF THE PROGRAM AFTER 6 YEARS € 329 045,60 reimbursement INVESTMENT € 280 000,00 Program Cost € -49 045,60 Breakdown of fees

Fee Total Comments At start (signing of the service agreement) This fee covers all of the family members. It includes reception services, meaning all the services provided Legal fee including reception services TBD on arrival of the investors in Portugal, showing projects, etc TOT AL

Amount to transfer to the INVESTOR'S Bank account in Portugal (1) Investment - purchase of property € 140 000,00 Investment - rehabilitation works € 140 000,00 Total investment € 280 000,00 Stamp duty € 1 120,00 € 1 120,00 0.8% of the property investment

IMT-Municipal Tax € 9 100,00 € 9 100,00 of this project, we understand that the IMT will not be refundable. We will nevertheless try to achieve the refund, but do not believe it will be granted. €250 per person, per year. Typically, two people per family need to have tax number and, therefore, tax Tax representative - year one € 500 € 500 representative (husband and wife). Land registry cost € 250 € 250 Pre-emption right € 25 € 25 Municipality fee. Notary costs on public deed € 400 TOTAL € 291 395

34 R O S S I O S Ã O B R Á S H O TEL É V ORA

PORTUGAL GOLDEN VISA PROGRAM

Fee Total Comments

Amount to transfer to the INVESTOR'S Bank account in Portugal (2)

Resident permit application € 617,00 € 617,00 € 533,90 for applicant, € 83.10 for dependents Government application fees (card fees) € 10 672,80 € 10 672,80 € 5 336,40 for each family member TOTAL € 11 290 TOTAL (1+2)Amount to transfer to the INVESTOR'S € 302 685 Bank acct in Portugal

Single Cost 5 Years Total Payable to support investor and all family members on each renewal of the GV card. 2000€ per family per Legal fees € 2 000,00 x3 € 6 000,00 renovation x 2 renovations Application for renewal € 617,20 x3 € 1 851,60 Payable to the immigration authorities: € 533.90 for applicant, € 83.30 for dependents * 3, i.e. 2 renovations €250 per person, per year. Typically, two people per family need to have tax number and, therefore, tax Tax representative fee € 500,00 x5 € 2 500,00 representative (husband and wife). This value is calculated for 5 years and assumes two family members needing tax representation Government application fees (card fees) € 5 336,40 x3 € 16 009,20 Payable to the immigration authorities. € 2668.20 per person, per renewal (x2) TOT AL € 26 360,80 TOTAL COST OF PROGRAM AFTER 6 YEARS € 329 045,60

35 R O S S I O S Ã O B R Á S H O TEL É V ORA

BRAND

One of the World’s largest, fastest-growing hospitality companies with 18 Brands in 119 countries more than 6,100 proprieties worldwide.

49 862 heartfelt service and award-winning COUNTRIES HOTELS amenities. & TERRITORIES

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