A unique opportunity to purchase a 5* Hotel in the heart of the Cascais area in Lisbon. Built in 2004.The existing property comprises 10 floors plus a basement. The last construction works in 2020 for a new heated pool area on the 6th floor.
Current CAPEX around 200k for equipment up date.
Freehold or Share deal available.
Yearly approximate income around 12M€.
TOTAL AREA – 73,143 m2
CLIENTS TERRACE AREAS – 11,737 m2
CLIENTS INTERIOR AREAS –26,869 m2
TECHNICAL AREAS – 13,886 m2
PARKING AREA – 16,742 m2
EXTERIOR AREA – 1,833 m2
EXTERIOR PUBLIC AREA – 2,076 m2
PARKING PLACES – 405In Summary:A very rare opportunity to own one of the best hotels in Cascais in a very affluent market and a flag-free scenario for any potential investors....Please do not hesistate to contact our hotel and investment director for further detailed information upon a NBO/ POF and contractuarl procedue........Recently reduced due to family-ill health this is an opportunity not to be missed!