Off market sale
€23,000,000
This hotel comprises of 96 rooms and is comfortably located within close distance to the city’s main attractions.
There is a lease contract in place with an operator for 15+ years and profitability exceeds 5%.
Hotel is brand new and 2019 is first year of operations.
Porto has a strong reputation as a prime destination, which is proven by tourist companies, web publications and social networks. The city was 3 times elected best European destination.
Property descriptions and related information displayed on this page are marketing materials provided by the Vendor/ Developer of this property. We have made all efforts to provide accurate information, however please enquire about this property in order for you to obtain most recent information, as well as latest prices and availability! Commissions: There is agency commission of 1-3% of the purchase price depending on the particular property and price range. Stamp duty: Notary fees, stamp duty and local taxes may vary depending on the location of the property and type of transaction.
Price reduction for the quick sale of this new hotel…
€1,450,000