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Hotel in Cascais

Country: Portugal Portugal
City: Cascais
Location: City Centre, Beach
Category: 5 stars
Hotel type: Resort Hotel
Transaction Type: 100% Asset Sale
Target Areas: Worldwide

Hospitality Review / Short Description:

Opportunity to acquire an exclusive Value-Add Asset set in an one-of-an location, in Cascais, right next to Estoril, with the most outstanding sea views.

CBRE and PwC have been exclusively retained on the sale of 100% of the share capital of the companies that own the asset and operation of Hotel Cascais Miragem, an iconic luxury hotel in Cascais and close to Estoril, belonging to the Region of Lisbon.

This project presents an opportunity to secure a significant real estate asset in Portugal, with a strong potential to diversify returns since an incoming investor will be able to truly reimagine and rethink what could be delivered on the asset.

Hotel Details

Hotel Plot size in m²: 11.680
Hotel Plot size in sq. ft: 125.722
Hotel Floor space in m²: 73.143
Hotel Floor space in sq. ft: 787.304
Floors: 11
Lifts: 14
Bedrooms: 175
Suites: 16
Other rooms: 1
Description other rooms:

16 suites,
1 suite presidencial

Total rooms: 192
No of Total Rooms available/year: 70.080

Amenities / Facilities

Restaurant(s): 2
Bar(s): 2
Conference room(s): 19
Wellness Centre: 1
Gym: 1
Indoor Pool: 1
Outdoor Pool: 1
Other Hotel Facilities:

Health Club with addicional SPA zone,
Club infantil
Shops and Boutiques,
409 parking spaces

Financials

Asking Price: EUR 140.000.000
Price Per Room: EUR 729.167
Hotel in Cascais
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