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Updated over 2 years ago,
Become a fractional owner in Luxury Yoga Retreats - Portugal
Hey Bigger Pockets gang -
I have a unique scenario to present to you, and pardon me if I am posting in the wrong area -
I am a fractional owner in Cocoon, Portugal. It is managed by an American LLC in Delaware. Our physical business is based in Alentejo, which is basically a two hour drive south of Lisbon, Portugal. We are currently operating on a 275-acre farm, in the wine region of Portugal, about a ten minute drive to the sea. We have been featured as the top 8 best retreats/vacays in Europe by Conde Nast Traveller,etc. and also featured in Harper's Bazaar and The Guardian. This is the brainchild of my brother, anyway, I am looking to free up a portion of my ownership in the amount of 25K Euros (Today that is 27,300 USD), which buy you one point in the business, which obviously means the business is valued at approx 2.5 million Euros. I am also open to freeing up my entire stake in the business, which is ten points valued at 250K Euros.
We are in contract on another piece of land approximately 20 acres where we are going to build a 16-20 unit luxury yoga retreat center. You would be earning on your investment both in annual and also in equity on the real estate, since we are developing ourselves and owning ourselves. If anybody here is interested in furthering this conversation I can send you the investor deck and give you a lot more info than what is written above. I can also put you on the phone with our CFO who knows much more than me. (I am just a silent investor in the biz).
You can view the current property on Instagram - cocoonportugal
Cheers and have a wonderful day!
bjørn