Share
100% funded by 350 investors
instalment
monthly
term
5 years
yearly interest
4.7%
risk rating
B-
In Costa Vicentina (Portugal’s Alentejo coastline), nested in the peace of the surrounding mountains and located 10 minutes away from the bustling ocean waves, is Monte do Galo, an estate with 20 hectares and two two-bedroom houses, at the disposal of the most demanding guests who seek a sustainable destination. It is expected to open to the public on July 1st 2021.
The project is guided by principles of sustainability in all its dimensions: construction, design, energy, water management, forestry management, consumption, waste, and displacement.
The aim of this campaign is to finance a solar power plant for self-consumption with 7,2 kWp, which will allow the two houses to be self-sufficient in energy.
The plants will produce an average of 13,8 MWh of clean energy per year, contributing to avoiding the emission of 2,8 tonnes of CO2 per year, the equivalent to the absorption capacity of 127 trees.
Direct
Indirect
CO2 avoided per year
Hectares for biodiversity
jobs created
clean energy
The panels will completely eliminate the costs associated with the consumption of energy. They will also allow Monte do Galo to position itself as a model sustainable destination.
Aljezur is the region of Portugal where vacation rentals have the highest profitability, according to data provided by Airbnb. From 2022 onwards and following a conservative model, the project will be able to produce € 15,000 in net revenue, and growing at a rate of 12% per year in the following 5 years.
Without any form of communication, Monte do Galo has received booking requests which will, at this point, ensure an occupancy rate above 50% for the high season (from July to September 2021).
Download Key Investment Information Sheet
The solar equipment will be pledged.
In 2014, having fallen in love with the location as soon as they saw it, João and Joana decided to create Monte do Galo. The idyllical scenario captured their attention as they idealized a project which would increase the value of the land, where cork-oaks and arbutuses are crossed through by the stream that leads Monchique’s water to Aljezur.
Both believe that the vernacular architecture set in this environmental and social context, which respects the cultural traditions, is part of the concept of sustainability.
Monte do Galo will offer its guests a unique experience of conscious tourism, in total connection with nature, which combines ecology, with the high quality of their housing and services.
Monte do Galo’s offer is made up of two two-bedroom houses (suite) with 80m^2 each, which will target a premium market. In 2021, they expect an average occupancy rate of around 40%, given that, without any form of communication, they are already at 50% occupancy rate for the high season. From a conservative perspective, the promoter expects to have a revenue of € 15,000 in 2021, increasing to € 25,000 in 2022, followed by a 12% annual growth from 2023 to 2027. Services will include breakfast, take-out lunch, daily cleaning, and leisure activities. During the low season, Monte do Galo intends to run nature retreats led by Joana, and corporate sustainability workshops carried out by João. The promoter also predicts an extra € 5,000 annual income raised through the forestry exploitation, mainly from the 5 hectares of arbutus.
Active since
2021
Fiscal country
PT
Operating In
Aljezur
Industry
Tourism
Number of Goparity Loans
1
Women Shareholders
Yes
Website
https://montedogalo.pt2021-05-12
First instalment was paid to all the investors
2021-04-12
309 investors successfully raised 30.000€
2021-04-01
This campaign will help avoid the emission of 3 tons of CO2 per year