A Boutique Hotel Opportunity
for Hotel Operators
Primeira Vista Retreat offers a collaborative investment opportunity for hospitality operators and vendors looking to establish an eco-retreat in the Azores. The project centres on a 7-suite experiential hotel with a central hotel reception and a future pipeline of 16 branded villas. With key approvals secured and early works underway in our 36-month build timeline, the foundation is in place for investors to partner with us for the retreat’s next stage of development.
Primeira Vista Retreat
development has commenced
100% groundwork
complete
Planning approvals
(PIP) complete
Environmental Approvals in Place
Licenced tourism
permissions received
Anticipated average daily rate of €170
Explore
Primeira Vista Retreat
Primeira Vista Retreat sits within the natural landscape of Santa Maria Island, overlooking São Lourenço Bay centred around a traditional homestead farm house. The site features elevated coastal views, natural vegetation and rich local experiences. It will include direct access to a private beach club, creating the setting for a distinctive, wellness hospitality experience.
Global trends are shifting toward high-yield, experiential retreats that prioritise authenticity, nature-driven stays and low-impact, flexible design. As the greenest island in the Azores, with rising demand and limited boutique supply, Santa Maria is well placed within this growing movement.
Built on sustainable design principles, this fully approved and licensed opportunity appeals to investors who care deeply about the environment and aspire to create a unique, exclusive hospitality development in the Azores.
Why
Invest?
- Tourism incentive: re-applied for and secured until 2030.
- Casa Reis, the traditional homestead, is already completed: an early milestone in our 36-month build timeline.
- Flexible hotel and villa design: for operators to align with their brand or service model.
- Full equity alignment across the project: including shared ownership in the hotel, participation in the branded-residences pipeline, and a stake in both the landholding and the development entity.
- Ideal for hospitality operators with Portuguese market expertise: offering a collaborative role in shaping and operating the retreat.
- Positioned in a growing island market: where small, experiential eco-retreats continue to outperform traditional hospitality segments due to the increasing demand for a nature driven experiences and authentic stays.
Guests arriving
to Azores
1.22 million in Jan – Oct 2024
1.27 million in Jan – Oct 2025
Up by
Overnight stays in Azores
4.05 mil in 2024 | 4.24 mil in 2025 | Up by
Average daily rate (€)
€139 in 2023 | €158 in 2024 | Up by
Azores Seasonal Occupancy and Average Daily Rate (€) in 2025
| Occupancy | Average Daily Rate (€) |
Primeira Vista estimates 30% occupancy in Y1 and 48% in Y2
|
High Season | 90% | 210 € | |
Shoulder Season | 60% | 170 € | |
Low Season | 30% | 110 € |
Estimated 10% IRR for investors over the first 5 years
Tap into
community operators
Primeira Vista Retreat has integrated the trades, specialties and local knowledge of the Santa Maria island community. This will create authentic experiences that Primeira Vista can tap into, with a variety of local operators and service providers, on its doorstep, including:
- Yoga Therapists
- Contract Catering & Chefs
- Taxi & Airport Transfers
- Food & Beverage Suppliers
- Fishing Charters
- Sailing Charters
- Mountain Bike Guides
- Massage Therapists
Santa Maria
island map
- Trails
- Beautiful sightings
- Eat wisely
- Community connection
The island features a lush, wide-ranging terrain from Pico Alto’s mountainous West to Vila do Porto’s Eastern plains. Key attractions include São Lourenço beach, cultural festivals, historical landmarks, and natural explorations.
Santa Maria grand trail tour:
– 17.1km trail
– 21.5km trail
– 16.5km trail
– 23.5km trail