Location: Central Lisbon, close to Avenue Almirante and Metro Anjos, Portugal
Guide Price: €21m
No. of Keys: Just shy of 60
The Opportunity: A small hotel that would make a great addition for a boutique hotel operator/investor, in the heart of Lisbon. Built in 2002, this hotel has modern rooms with bathroom private, air conditioning, minibar, access for people with reduced mobility and television.
The Hotel has a room service and reception 24 hours a day. In addition to these services, they have free wi-fi, laundry service and a pay-car park a bar and a restaurant.
The hotel is in good decorative standard, but could do with some “personalisation”
The hotel is a 20-minutes walk to the Praça Marquês de Pombal and Parque Eduardo VII. SV
Main Photo: The area of Lisbon this hotel is in
Brand/Management: Both free
Financials: Financials available upon signing of a NDA
Current Owner: Small hotel company with two other hotels
Agent: Local agent in partnership with The Hotel Property Company
Guide Price: €21m
Guide Price per Key: €356k
Date Posted: May 2020
THPT Comment: A great opportunity to secure a boutique hotel in the heart of Lisbon, with some upside.
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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.
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.