4 Star 137 Key Hotel, with Golf at Sintra, Portugal For Sale at €55m
Location: 10 Minutes from Sintra (UNESCO world-heritage city), with Golf. 30 KM from Lisbon International Airport
Name: TBA – 4 Star
No. of Keys: 135+
The Property: A modern hotel, located in a Quinta (estate) with 18-hole golf course on site, restaurant and bar, outdoor and indoor swimming pools, wellness centre with sauna, jacuzzi and turkish bath, meeting rooms, golf academy, putting green, tennis academy, football field and gardens. IR
Main Photo: The golf at this hotel
Tenure: Freehold
Brand/Management: Flag and management in place….
Financials: Financials available upon signing of a NDA
Yield/Cap Rate: Over 5% looking at 6% in 2020
Current Owner: Significant brand known nationally in Portugal
Agent: Local agent in partnership with The Hotel Property Company
Guide Price: €55m
Guide Price per Key: Just over €400k
Date Posted: January 2020
THPT Comment: This is a unique opportunity to acquire a golf hotel and spa, close to Lisbon, in the fab city of Sintra.
Contact us for further information
This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
For more information – Visit www.thpt.co.uk or email info@rrh.hmf.mybluehost.me.
MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.