Three-star hotel under construction.
Description
Hotel room capacity: 130-140 rooms.
The hotel will include a restaurant, a buffet, a bar.
There is supposed a parking for 12 cars in the territory of the hotel.
The property currently consists of three free buildings that will be merged into one.
Ownership type: Freehold
Financial performance
The absolute annual income is 897,640 €.
The current yield is 5.0%.
Tenants
The lease agreement is valid for 15 years and includes extension option for 1x5 years.
Location
The hotel is located in the center of Lisbon.
There is a convenient traffic intersection in the area, including road networks, which connects the hotel with the main areas of the city.
