Development Opportunity For 30-Bed Boutique Hotel in Prime Coastal Location in Lisbon
€25,000,000
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Basics
- Date added: Added 3 years ago
- Country: Portugal
- Category: Building, Commercial, Development, Development Opportunity, For Sale, Hotel, House, Investment, Lisbon, Luxury, Mansion, Opportunity, portugal, Project, Property, Real Estate, Redevelopment, Resort, ROI, Sea Views
- Type: Building, Commercial, Estate, Hotel, House, Investment, Land, Mansion, Resort, Villa
- Status: For Sale
- Bedrooms: 30
- Area: 2000 m²
- Lot size: 2000 m²
Description
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Description:
Rare opportunity to purchase a luxury boutique hotel in the heart of Lisbon, Portugal.
Property purchase cost = €25M.
Refurbishment cost €4-5M.
Total = Circa €30m.
Average Rates:
€273 per night at 50% occupancy to achieve a 5% ROI of €1.5M, before operational costs.
Build 2,000 sqm2 & Plot 2,000 sqm2.
Freehold purchase.
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Amenities & Features
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This Building, Commercial, Estate, Hotel, House, Investment, Land, Mansion, Resort, Villa style property is located in is currently Building, Commercial, Development, Development Opportunity, For Sale, Hotel, House, Investment, Lisbon, Luxury, Mansion, Opportunity, portugal, Project, Property, Real Estate, Redevelopment, Resort, ROI, Sea Views and has been listed on Real Estate Investments Worldwide. This property is listed at €25,000,000. It has 30 beds bedrooms, bathrooms, and is 2000 m². The property was built in year.
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