✨ Highlights

• Built in 1971
• Fully operational hotel with good public reviews
• Features four beautifully designed studios

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⭐ Public reviews

8.6/10 and 36 reviews on Booking.com

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👍 Positive feedback from guests

1. Cozy and well-equipped: Multiple reviews highlight the apartment's cozy atmosphere and the availability of necessary appliances, making it a great choice for short or medium stays.
2. Great location: While some reviews mention its distance from the city center, many guests enjoyed the quiet area and proximity to public transportation, making it convenient to explore Cascais.
3. Modern and comfortable: Guests appreciated the modern amenities, such as a comfortable bed, well-equipped kitchen, and good-sized bathroom, which contributed to a pleasant stay.
4. Friendly and responsive hosts: Several reviews praised the hosts' helpfulness and the quick communication, including easy check-in/check-out processes.

1. Clean and peaceful environment: Reviewers noted the cleanliness of the apartment and the peaceful surroundings, ideal for relaxation.

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👎 Negative feedback from guests

1. Distance from the city center: A few guests found the location a bit far from the city center, especially if walking, which could be a downside for those without a vehicle.
2. Maintenance issues: Some guests encountered maintenance problems, such as mold, broken furniture, or malfunctioning appliances, which detracted from the overall experience.
3. Noise and space concerns: A few reviewers mentioned noise from neighboring rooms and limited space in the apartments, which could be problematic for those staying longer or needing more room.

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📊 Performance

‍The hotel didn't provide the performance data (ADR, Occupancy Rate, etc.)

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✍️ Description from the real estate agent

Noah’s Ark: A Stunning, One-of-a-Kind Airbnb Property in Cascais

Nestled in the heart of Cobre, one of Cascais' most iconic neighborhoods, discover this exquisite home, perfectly suited for premium Airbnb rentals.

Named Noah’s Ark, this property has undergone a complete renovation, transforming an older structure into a high-end, fully licensed Airbnb ready to offer an unparalleled guest experience in Cascais.

The property features four beautifully designed and independent studios, each crafted with the finest materials and finishes, ensuring a prime Airbnb investment. These studios—Lion Studio, Elephant Studio, Rhino Studio, and Zebra Studio—are meticulously equipped for the most discerning guests, blending comfort, style, and top-tier amenities.

Each studio comes with high-quality double-glazed windows, electrical thermal blinds, top-of-the-line Daikin air conditioning, controlled remotely via phone, kitchen appliances, large LCD screens, broadband internet, video surveillance, and a video intercom system. It also includes essential safety features like emergency lighting, fire sensors, and extinguishers.

The studios are designed for complete guest independence, with fully equipped bedrooms, bathrooms, and kitchenettes that offer everything needed for a seamless stay.

A charming shared patio, complete with casual seating and beautiful night-time lighting, is the perfect spot for guests to unwind and socialize at any time of day or night—a truly delightful finishing touch.

This project has been meticulously designed to provide an exceptional experience for visitors seeking a luxurious stay in the Cascais, Sintra, or Lisbon areas.

In terms of profitability, the numbers speak for themselves. The average nightly rate for a standard Airbnb studio in Cascais starts at around €90. The four studios at Noah’s Ark are priced at €100 per night for the smaller studios and €150 per night for the larger ones, ensuring an estimated daily income of approximately €500 during peak seasons, assuming full bookings year-round.

This equates to an annual gross income of €200,000, with a potential net return of €160,000 if the new owner opts for hands-on Airbnb management, resulting in a return on investment of 20-25%.

Even with a more conservative estimate of only 50% occupancy, the property would still generate a gross income between 10-20% annually—extremely competitive for a high-end Airbnb in an area like Cascais.

Since its launch in December 2023, Noah’s Ark has already earned 10/10 ratings on Booking.com and 5/5 on Airbnb.

Schedule a visit to Noah’s Ark today. We’d be delighted to show you this incredible investment opportunity and the profitable potential of this luxurious Airbnb offering, complete with its four stylish and high-quality studios.

If you're unable to visit in person right away, we can arrange a private, live virtual tour via WhatsApp.