MLS#: C0364-03182

$7,466,388 USD

€7,000,000 EUR

Type
Manufactured
Bathrooms
30
Home/Lot size
1,060m²
The details

Property features

Date Updated: Apr 23, 2024

Area

Property size
1,060m²
Land/Lot size
173m²
Bathrooms
30

Description

This building, located in the prestigious Conde Redondo area, presents itself as a unique investment opportunity, with an approved project to transform it into a three-star hotel. The building has 8 floors and extends over a construction area of 1246 m², meticulously planned to accommodate 28 comfortable and well-equipped rooms.The existing structure has been designed to maximise space and functionality, ensuring that each of the rooms offers a pleasant and welcoming stay typical of a three-star establishment. The common areas, designed to provide maximum comfort and convenience for guests, include dining areas, leisure areas and a cosy reception.Located in a highly accessible and visible area, the building benefits from excellent proximity to a variety of shops, services and tourist attractions, making it a preferred choice for tourists and business travellers. The area is well served by public transport, facilitating access to different parts of the city.This project not only represents an opportunity to capitalise on a property with great potential for appreciation, but also offers the chance to enter the hotel sector with a high-quality product that is well positioned in the market. Ideal for investors looking to expand their presence in the hotel business.1. Marquês de Pombal Metro Station* - around 500 metres away, offering access to the Blue and Yellow lines of the Lisbon Metro.2. Eduardo VII Park* - approximately 600 metres away, one of the largest parks in the centre of Lisbon, ideal for outdoor walks and recreational activities.3. Avenida da Liberdade* - around 700 metres away, known for its luxury shops, theatres and restaurants.4. Santo António dos Capuchos Hospital* - approximately 800 metres away, one of the city's main hospitals.5. *Torel Garden* - about 1 kilometre away, a picturesque garden with fantastic views over the city.6. *Schools and Universities* - various educational options, including primary schools, secondary schools and higher education institutions, all at a distance of around 1 to 2 kilometres.

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Location

Lisbon
Portugal