✨ Highlights

• Built in 2017
• 40-minute drive from Francisco Sá Carneiro Airport
• Fully operational hotel with good public reviews

‍

⭐ Public reviews

4.3/5 and 636 reviews on Google Maps

8.3/10 and 439 reviews on Booking.com

Website

‍

👍 Positive feedback from guests

1. Great Location: Many reviewers mention the hostel's perfect location, especially for attending events like the medieval festival, and its proximity to key attractions.
2. Comfortable Rooms: Despite being a hostel, many reviews praise the comfort of the rooms, with comfortable beds, good sound isolation, and modern amenities.
3. Cleanliness: Guests consistently mention that the hostel is very clean, with daily room service and well-maintained spaces.
4. Affordable Price: The hostel offers great value for money, with some guests noting very affordable prices for the quality provided.
5. Friendly Atmosphere and Staff: Multiple reviews highlight the friendly staff and the welcoming, modern environment.

‍

👎 Negative feedback from guests

1. Inconsistent Service: Some guests report poor customer service, including a lack of reception staff and unkind or unhelpful responses.
2. Noise Issues: Several reviewers note that during events, the noise from the street or bar can be disruptive, despite some soundproofing.
3. Bathroom Cleanliness: A few guests mention that the bathrooms need more frequent cleaning.

‍

📊 Performance

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

‍

✍️ Description from the real estate agent

This historic building, located in the heart of Santa Maria da Feira’s old "Praça Velha" in the city’s historic district, has been completely restored and now holds a license for Local Accommodation.

With a rich history spanning over 400 years, some of the stones used in its original construction came from the nearby Castle of Santa Maria da Feira. Over the centuries, it has housed several notable residents. However, after a full renovation in March 2017, it became known as the “Hostel da Praça.”

Strategically positioned in the city centre and just 20 minutes from the urban hubs of Aveiro and Porto, the building benefits from excellent road access via the A1, A29, and A32 motorways. Francisco Sá Carneiro Airport is only a 40-minute drive away.

Spanning four floors with a total construction area of 1,520 m², the property offers a variety of amenities. In addition to Local Accommodation, it includes an 80 m² Bar and a 400 m² Events Hall, both of which are currently leased with annual renewal options in 2025 and 2026.

The hostel features 7 shared rooms, 6 private suites, 3 changing rooms, a shared kitchen, a common room, and 2 spacious terraces, each over 180 m², located at the front and back of the building. Guests also have the option to rent electric bikes, and the hostel is equipped for individuals with reduced mobility.

The rooms and suites are thoughtfully designed, showcasing images of some of the world’s most iconic squares, offering both a refined and international atmosphere.

With its prime location, modern amenities, and well-established reputation as a Local Accommodation reference in the region, this historic building presents an exceptional investment opportunity.