70 Room, Four-Star Boutique Hotel, Estoril, Portugal For Sale

Location: Estoril, Atlantic Ocean, 30 minutes from Lisbon, Portugal

Name: TBA

No. of Keys: 70

The Property: The architectural style of this combines a mix of “Belle Epoque” together with the contemporary and has been interior designed to a very high standard having a multitude of amenities including conference facilities for upto 180 pax.

Restaurant, pool with pool bar, 2nd bar, gym, Banyan Tree spa. Sea facing. Renovated in 2016.

Some rooms with balconies. IR

Main Photo: The newly refurbished superior room at this hotel

Tenure: Freehold

Brand/Management: Flag-free.

Financials: Financials available upon signing of a NDA

Current Owner: Private family

Agent: Local agent in partnership with The Hotel Property Company

Guide Price: €29m

Guide Price per Key: €414,285

Date Posted: February 2020

THPT Comment: This is a great opportunity to acquire a boutique, fab designed, great architectural hotel in the lovely resort town of Estoril.

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@thpt.co.uk.

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.