Tourism and Industry: 50 million euros to modernize, adapt and requalify buildings

If you work in the tourism and industry sectors, pay attention: there is a financial instrument worth 50 million euros, aimed at companies in the Tourism and Industry sectors. Check out the essential details in this article.

The "Call 50 | Tourism and Industry", managed by Turismo Fundos, aims to provide liquidity for investment in the adaptation, requalification, and modernisation of properties allocated to tourism or industrial activity - or in the conversion to tourism activity when located in Low-Density Territories (TBD) - fulfilling the purposes of environmental, social, and economic sustainability.

This programme is framed within the financial support measures for Industry and the Action Plan "Reactivate Tourism, Build the Future".

What is the great relevance of this programme?

This programme is characterised by the sale and subsequent long-term lease of a property, safeguarding the right to repurchase it. In other words, through this line, the Government has 50 million euros to purchase properties from tourism and industry companies, which will subsequently be leased back to these same businesses.

Essential Details of the Support

Get to know the essential details in this article and/or consult the Product Sheet with all the particulars:

Application deadline
The referred Call is in force until Turismo Fundos considers that the objectives of this initiative have been met.

Beneficiaries
Companies that own properties allocated to tourism or industrial activity.

Note: Companies that are not owners of properties allocated to tourism activity but propose to invest in their requalification and subsequent lease or, if located in TBD [Low-Density Territories], propose to invest in their conversion for use and subsequent lease, are also admitted as recipients.

Allocation
50 million euros.

Maximum Amount
€6,000,000 up to a maximum of 85% of the average of the real estate valuations.

Purchase option
- May be exercised from the 3rd year of the lease term until the end of the lease contract term;
- May also be accompanied by the obligation to purchase at the end of the lease term.

>> Find out more in the Product Sheet.

Why choose Yunit?

We know that the operational challenges of support lines require daily dedication, persistence, and attention. Therefore, it is fundamental to prepare the project with the help of specialised professionals to maximise the probability of approval.

At Yunit, we support companies in making better financial decisions so they can make the qualitative leap they aspire to in their growth.

We find the best opportunity to boost your project through these steps:

• Framing the project within the support measure
• Preparation of the project's Economic-Financial Feasibility Study in the context of financing lines
• Preparation and submission of the Application
• Technical Support throughout the entire analysis and decision process

Because making the leap also involves the requalification of the Tourism and Industry sectors, we have our specialists ready to get to know your investments. Shall we talk?

YUNIT ACCOMPANIES YOU THROUGHOUT THE PROCESS

For more information, schedule a meeting with our specialists via number: 21 330 72 02, or send your questions to the email: contacto@yunit.pt