At the end of this summer, the Canadian group Mercan inaugurated the Casa das Lérias in Amarante, having transformed the historic building into a 23-room hotel, with an investment of seven million euros.
Two months ago, the Casa da Companhia opened in Rua das Flores in Porto, as a result of an investment of 11.2 million euros.
Also in Porto, Mercan Group is investing 56 million euros in the Renaissance Park Hotel, which is supposed to be completed in 2023 and which will create 140 direct jobs.
Last May, he laid the foundation stone for the Hilton Garden Inn Évora, which will be completed next year, and which will create 95 jobs, with an investment of €21 million.
In total, the Mercan Group has 14 real estate projects under development in the tourism sector in Portugal, in locations such as Porto, Amarante, Vila Nova de Gaia, Matosinhos, Lisbon, Évora and Algarve, with an estimated investment of €400 million, anticipating another 600 million by the end of 2023. .
“We entered Portugal in 2015. At that time, with one project, the Casa da Companhia, a hotel that we completed and opened in July. However, we have already opened the second in Amarante, Casa das Lérias. There are two buildings that have a history, unlike Other projects we have in the pipeline that we intend to open at the beginning of next year. So far, we have 14 projects. The total investment is 400 million euros. In the next two years, we are going to expand this volume up to 1 billion euros”, says Miguel Gomez, General Manager of Construction and Development At Mercan Properties, in an interview with Dinheiro Vivo, on Saturday 13 November.
“Certainly ten more projects” will be launched by the end of 2023, the same director said. Geographically, the group will “expand in Lisbon and the Algarve”, and “consider” Madeira and the Azores.
In terms of job creation, Miguel Gomez noted that in the 14 units the group has under development, the forecast is for 900 direct jobs. “At the end of this plan, which we have until 2023, we will always talk about more than 2,000 jobs,” he revealed to Dinheiro Vivo.