✨ Highlights

• Currently leased to a hotel group under a 10-year contract
• Located close to major Lisbon attractions

‍

📊 Performance

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

‍

✍️ Description from the real estate agent

This building is currently leased to a hotel group under a 10-year contract starting on June 1, 2024.

Lease Terms:

• 12-month grace period for renovations worth 500,000 euros, undertaken by the tenants.
• Rental income of 8,500 euros from June 2025 to June 2026.
• Rent increases to 10,000 euros starting June 2026.

This offer presents a lucrative opportunity to acquire a brand-new hotel with excellent revenue prospects.

Property Details:

• Total area of 840 m2, distributed over three floors.
• Constructed with concrete.
• Divided into six units (R/C Drt and Left; 1st Drt and Left; 2nd Drt and Left).

Hotel Licensing:

• Licensed for the construction of a 2-star hotel (design and plans available).
• Elevator installed serving all three floors.
• Room with a toilet added, in compliance with Article 6(2) of Decree-Law no. 80/2017 of June 30.
• Accessible routes created between the entrance hall, rooms, dining room, and gym.
• Room sizes adjusted to meet the 13.50 m2 requirement for double rooms.

Located close to major Lisbon attractions, including the Lisbon Cathedral, Castelo de São Jorge, Chiado, Rossio, Alfama and Mouraria, Praça do Comércio, Bairro Alto, and more.

Ideal investment with multiple potential uses:

• Hotel or Hostel conversion.
• Restaurant / Bar.
• Apartments.
• Supermarket.
• Retail Stores.

Contact Homing Group for further information!