Hotel for sale in Lisboa

Santo António

7 500 000 €

Buy
id. 124521017-173

1 061 m²

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C

Description

Building with Hotel Project for Sale on Rua Conde Redondo, Lisbon

This unique building, located on the prestigious Rua Conde Redondo, No. 129, in Lisbon, offers an exceptional investment opportunity in the heart of the city. Situated just a 3-minute walk from the iconic Avenida da Liberdade, it is an ideal choice for entrepreneurs seeking a premium location with high potential for appreciation.

Property Details

Address: Rua Conde Redondo, No. 129, Santo António Parish, Lisbon
Gross Private Area: 1,060.85 m²
Gross Built Area: 1,246.645 m²
Gross Dependent Area: 185.795 m²
Condition: Vacant building in full ownership, currently designated for services.

Building Layout (8 Floors in Total):
  • Ground Floor: Retail space with basement
  • 1st Floor: Open plan area/office space
  • 2nd to 5th Floors: Office spaces previously converted into T4 apartments
  • Attic: Office space previously used as the caretaker's residence
Existing Infrastructure:
  • Elevators: 2 units
Hotel Conversion Project

The property includes an approved project, designed by architect Miguel Saraiva, for conversion into a 3-star hotel, featuring:

  • 28 rooms
  • A design optimized for the hospitality sector, maximizing the existing space.
Key Advantages of the Property:
  1. Prime Location: Immediate proximity to Avenida da Liberdade, Lisbon's most exclusive area, with easy access to high tourist and commercial traffic zones.
  2. High Return Potential: Opportunity to develop a hotel in a building already licensed for the project, ensuring quick returns in Lisbon's booming tourism sector.
  3. Flexibility of Use: The property offers multiple possibilities for adaptation (hotel, serviced apartments, or other ventures).

This building is a perfect choice for investors or groups looking to enter or expand their presence in Lisbon’s hospitality market, one of Europe’s most sought-after tourist destinations.

For more information and to schedule a visit, please contact us.

Details

Private Gross Area m²1 061
Gross Area m²1 247
Total Lot Size m²174
Living Area m²955
Bedrooms- -
Construction Year- -
Floor- -
WC/Bathrooms0
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiencyEnergy efficiency

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Map

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Rooms

Other
Credit Simulation
Listing Price
7 500 000 €
Initial Value
Duration (Years)
30 years
Monthly Payment (*)
25636.67

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.