Five Star 33-Key Beach Hotel In Cascais, Just Outside of Lisbon For Sale
Location: Cascais, 35 minutes drive from Lisbon, Portugal….Three minutes walk to the beach
Name: TBA
Guide Price: €20m…reduced from original price
Guide Price per Key: €600k…hefty for the area but worth it!
No. of Keys: 33…half with sea-view
The Opportunity:
Set on the absolute waterfront of Cascais’s dramatic Atlantic coastline, this hotel reflects the unique charm of the township. The hotel is “highly designed” and is a wonderfully eclectic composition of adventurous architecture that embraces a remodeled 19th century private mansion that was once owned by the Count of Cabral, together with unique contemporary additions. The result is an inspire union of the old and the new.
Cascais is made up of delightful old-world houses and cobbled streets, that frame a graceful bay on Portugal’s spectacular Estoril Coast to tell the story of a bygone era. The capital, Lisbon and the international airport are an easy 35-minute drive along excellent roads. A local train also runs between the city and Cascais.
The hotel has a pool, two restaurants (renowned locally) and two bars, and a meeting room.
Flag & Management: Free to new owner
Current Owner: Private family
Main Photo: Fab views from this hotel
Financials: 2019 financials with EOI
Tenure: Freehold
Agent: Retained local agent in partnership with THPT
Date Posted: October 2022
THPT Comment: The fab boutique hotel is ready to acquire and trade right away. Cascais is a fab resort area, whilst being just 30 minutes away from Lisbon
Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
Each week we mail the opportunities posted in that period, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all.
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market. For more information – Visit www.thpt.co.uk or email [email protected]
MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.
