Luxury five-star boutique hotel in Alegria Square in Lisbon

Published: 01.12.2023 SKU: PRY66840
Price from: €350 000
Area: 3700 м2
Property type: Commercial real estate
Country: Portugal, Lisbon

This property is ideally situated in the quaint and picturesque Alegria Square, adjacent to the prestigious Avenida da Liberdade in Lisbon, Apartments in Portugal Lisbon. Known as the city’s most illustrious avenue, Avenida da Liberdade is synonymous with luxury, hosting an array of high-end fashion and jewelry boutiques. It stands as the vibrant central business district and the cultural heart of Lisbon, boasting a rich history that dates back to the 18th century. Constructed under the direction of Marquis Pombal following the devastating earthquake of 1755, it originally served as a landscaped garden and spacious boulevard, before being transformed into a cobbled avenue in 1879, showcasing traditional Portuguese craftsmanship.

Hotel Overview:

  • Building Area: 4100 square meters
  • Total Area: 3700 square meters
  • Floors: 6

The proposed development is for a 5-star luxury boutique hotel, which involves the renovation and transformation of an existing structure into a premier hotel offering, Luxury Hotel for sale in Portugal Lisbon. The majority of the construction and refurbishment work was completed between 2018 and 2020, including the restoration of the concrete façade—a significant advantage given that such tasks often present substantial challenges in renovation projects.

Upon completion, the hotel will feature 35 elegantly appointed suites, each equipped with a full range of amenities. The on-site restaurant is set to become one of Lisbon’s finest, offering exquisite dining experiences. Additionally, the hotel will boast a magnificent spa, providing guests with unparalleled relaxation and wellness services. This project aims to establish the hotel as a benchmark for luxury accommodation in Luxury accommodations in Portugal Lisbon Avenida da Liberdade.

Investment Highlights:

  • Golden Visa Eligibility: 350,000 € investment in shared ownership
  • Investor Count: 157
  • Benefits: Municipal Transfer Tax (IMI) rebated by the state, exemption from annual property tax
  • Projected Start: Q1 2025
  • Returns: 5% guaranteed annual income for 5 years, payable one year post-investment

Following six years of operation, the hotel will be sold, and the proceeds will be allocated as follows: investors will receive a full refund of their initial investment (350,000 €), while the remaining profits will be split equally between the fund management company and the 98 investors.

Investors are also granted the privilege of spending two weeks per year at the hotel free of charge, further enhancing the value of this investment opportunity, Investment opportunities in Portugal Lisbon.

Features

  • Closed area

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