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Business for Sale

Building ready to convert to 4* hotel

Mandate ID: ZW-1-ANH-12-2210-1
Transaction Type:
Business for Sale

Industry: Real Estate


Sector: Hotels


SIC Code: 70110300 HOTELS


Country of Origin: Portugal | Portugal


Target Areas: European Union, ME (Middle East countries), BRICS countries (emerging markets Brazil, Russia, India, China, South Africa), Latin America, North America, Central America, Mercosul, Maghreb, Central Europe, Eastern Europe, Asia, Oceania, MENA, Pacific Rim, Worldwide


Business Review

Building of solid construction, with an area of 10,650 m². 5 minutes from Lisbon Airport, with several good accesses to CRIL, A-1, Vasco da Gama Bridge.

With authorised development project for 161 rooms of a 4-star hotel, spa and meeting rooms.

The building can also be converted into an apartment complex.

Comes with an authorised hotel project and plans with 161 rooms, which can be expanded to 175 rooms.
Estimated reconstruction costs: 1.000€ / m².
Close to the airport and with easy access to the main highways of the city.
There are no debts or encumbrances on the building, not even for the company.

Products

Hospitality project

Services

Accommodation, F&B, entertainment

Financial Information

Price: EUR 15,000,000


Highlights

Located 5 minutes from the Lisbon airport and 5 minutes from the Lisbon city centre and Parque das Naçoes.
With direct access to A1 North, A2 South, CREL.

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