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Hotel - Almada, Setúbal

USD 6,922,092

Business opportunity (For sale)

6 bd
16,146 sqft
lot 262,241 sqft
Reference: MBJL-T10915 / rfp-rf-1511dc
Historic palace of the eighteenth century, implanted in a plot of about 24,000sqm, with an approved project for the creation of a 5-star hotel with 90 luxury suites, located just 10 minutes from the centre of Lisbon. More than a historic building, it is a project prepared to respond to the growing demand for luxury hotels in the Lisbon region, preserving the architectural identity of the palace and integrating new areas of accommodation and premium services. The approved project has been carefully designed to preserve the authenticity of the historic building, integrating new accommodation and service areas capable of responding to the demands of contemporary luxury hospitality. It is planned to create 90 suites, restaurant, lounge bar, pool bar, spa, indoor and outdoor pools, multifunctional rooms and large green spaces, providing an exclusive experience in a setting of high heritage value. With an expected gross area of 7,309sqm, this project represents much more than the acquisition of a historic property. It is the opportunity to develop a 5-star Hotel of reference, where heritage, architecture and luxury tourism come together to create a unique destination in Portugal. The main building preserves architectural elements of enormous heritage value, including the imposing staircase, original frescoes, Portuguese tiles, vaulted ceilings and a private chapel, features that give authenticity and exclusivity to a property impossible to replicate today. Currently, the property consists of: - Historic palace of the eighteenth century; - 18 rooms; - 5 rooms; - 4 kitchens; - 11 bathrooms; - Private chapel; - Cellar and mill; - Outdoor swimming pool; - Tennis court; - Garage with capacity for 9 vehicles; - Several support buildings and annexes; - Centuries-old gardens that surround the entire property. The project foresees: - 90 luxury suites; - Reception and lobby; - Restaurant; Breakfast room; - Lounge Bar; - Pool Bar; - Spa and wellness area; - Indoor and outdoor pools; - Historic chapel integrated into the hotel's concept; - Multifunction rooms; - Large garden areas and outdoor spaces. The location further reinforces the potential of this investment. Located in one of the fastest growing areas of the Lisbon Metropolitan Area, it is just a few minutes from the 25 de Abril Bridge, Lisbon International Airport, the beaches of Costa da Caparica, and the Arrábida Natural Park. A strategic location to capture international tourism, events, leisure and corporate segment. Projects of this size, with historical heritage, an approved project and a location so close to the capital, are extremely rare in the market.Contact us for a visit and a personal selection of alternative properties. We offer a full service in real estate, from selection, visits and negotiations to financing, renovations and the most effective fiscal structure. Use our extensive expert network! View more View less Historic palace of the eighteenth century, implanted in a plot of about 24,000sqm, with an approved project for the creation of a 5-star hotel with 90 luxury suites, located just 10 minutes from the centre of Lisbon. More than a historic building, it is a project prepared to respond to the growing demand for luxury hotels in the Lisbon region, preserving the architectural identity of the palace and integrating new areas of accommodation and premium services. The approved project has been carefully designed to preserve the authenticity of the historic building, integrating new accommodation and service areas capable of responding to the demands of contemporary luxury hospitality. It is planned to create 90 suites, restaurant, lounge bar, pool bar, spa, indoor and outdoor pools, multifunctional rooms and large green spaces, providing an exclusive experience in a setting of high heritage value. With an expected gross area of 7,309sqm, this project represents much more than the acquisition of a historic property. It is the opportunity to develop a 5-star Hotel of reference, where heritage, architecture and luxury tourism come together to create a unique destination in Portugal. The main building preserves architectural elements of enormous heritage value, including the imposing staircase, original frescoes, Portuguese tiles, vaulted ceilings and a private chapel, features that give authenticity and exclusivity to a property impossible to replicate today. Currently, the property consists of: - Historic palace of the eighteenth century; - 18 rooms; - 5 rooms; - 4 kitchens; - 11 bathrooms; - Private chapel; - Cellar and mill; - Outdoor swimming pool; - Tennis court; - Garage with capacity for 9 vehicles; - Several support buildings and annexes; - Centuries-old gardens that surround the entire property. The project foresees: - 90 luxury suites; - Reception and lobby; - Restaurant; Breakfast room; - Lounge Bar; - Pool Bar; - Spa and wellness area; - Indoor and outdoor pools; - Historic chapel integrated into the hotel's concept; - Multifunction rooms; - Large garden areas and outdoor spaces. The location further reinforces the potential of this investment. Located in one of the fastest growing areas of the Lisbon Metropolitan Area, it is just a few minutes from the 25 de Abril Bridge, Lisbon International Airport, the beaches of Costa da Caparica, and the Arrábida Natural Park. A strategic location to capture international tourism, events, leisure and corporate segment. Projects of this size, with historical heritage, an approved project and a location so close to the capital, are extremely rare in the market.Contact us for a visit and a personal selection of alternative properties. We offer a full service in real estate, from selection, visits and negotiations to financing, renovations and the most effective fiscal structure. Use our extensive expert network!
Reference: MBJL-T10915
Country: PT
City: Almada
Postal code: 2800-171
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property subtype: Bar, Hotel, Restaurant
Property size: 16,146 sqft
Lot size: 262,241 sqft
Bedrooms: 6

SALE PRICE PER SQFT IN ALMADA

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 319
-1.6%
-
Apartment
USD 294
+4.5%
-2.8%

AVERAGE HOME VALUES IN ALMADA

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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