PIP Approved 4* Hotel Project within the Centre of Porto for 157 Rooms
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PIP Approved 4* Hotel Project within the Centre of Porto for 157 Rooms

€ 12,500,000 £ 10,372,587 $ 13,039,373

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Key information

Reference: PP175371

Commercial

Porto, Porto & The Green Coast

Ownership Status: Other

Built in: n/a

11,000m2 Build size

€ 1,136 £ 942 $ 1,185 / m2 build

2,500m2 Plot size

€ 5,000 £ 4,149 $ 5,215 / m2 plot

Basic Summary:

  • 157 Keys
  • Prime Triple AAA location in the heart of the City Centre
  • Existing 11,000m2 commercial building for Reformaiton 
  • 4* Category Hotel 
  • Full Spa Services
  • Indoor Swimming Pool
  • Turn-Key Investment Potential 

Porto has experienced double digit growth in the tourist arrivals in the past decade with over 70% of visitors being international with key markets including the UK, the USA, Spain and France. Porto has won the title of Best European Destination muliple times boosting its desirability and investment interest. Porto Hotels in general achieve 75%-80% occupancy rates 12 months of the year thus enticing many of the world's leading operators to break into the market.

This is a prime unique investment which can be offered as a turn-key investment with or without operator. Please contact our hotel and investment specialist, James Fordham for further information:https://www.portugalproperty.com/about-us/the-team/james-fordham

Features

  • Pool
  • Air conditioning
  • Heating
  • Parking
  • Reception room
  • Gym
  • Spacious
  • Elevator
  • Disabled Access
  • Near bars / restaurants
  • Near school(s)
  • Near shops

Key information

Reference: PP175371

Commercial

Porto, Porto & The Green Coast

Ownership Status: Other

Built in: n/a

11,000m2 Build size

€ 1,136 £ 942 $ 1,185 / m2 build

2,500m2 Plot size

€ 5,000 £ 4,149 $ 5,215 / m2 plot

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Porto, Porto & The Green Coast

 Porto, Porto & The Green Coast

Porto is the 2nd largest city in Portugal based on its population; located in the North of the country, it is the city where Portugal’s name comes from. Porto’s name around 2200 years ago was Portus Cale that became Condado Portucalense later.

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 Porto, Porto & The Green Coast

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Send your enquiry through now.

Yours sincerely,
Liam Gould

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