Palacete Mateus Silveira is a hotel located in Faro, the capital district of Algarve and the main transport hub, with the international Airport and railway, beside the beautiful coastline of the famous Ria Formosa and beaches.

The building has a gross construction area of 3.792 sqm, presenting 75 apartments, rooftop swimming pool, bar and parking. Combining heritage and modernity, with the best location, near the city center and the marina, it is the ideal destination for a blend of beach and cultural heritage.

Monarque Funds invested €2,7 million in 2022 and successfully exits the deal with an Internal Rate of Return (IRR) of 8% in the end of 2024, showcasing an amazing return on investment.

The exit solidifies Golden Monarque’s position as a leading choice for bringing value-added to investors, delivering exceptional results in a remarkably short timeframe of just one year of investment.

It’s also worth mentioning that the MPHT – Monarque Portugal Hospitality and Tourism Fund is currently open for subscriptions. If you are interested, please reach out to us by sending a message through our website link (https://monarquefunds.com/#contactForm) in the “Contact Us” section.