Price reduction for the quick sale of this new hotel…
Off market sale
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.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.