Hotel for sale in Porto

Hotel in Porto with virtual tour

Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória

Price reduction

2 200 000 €
2 700 000 €
19%

Buy
id. 123571357-64

746 m²

10

10

NC

Description

Investment Opportunity!

Going against the trend of short-term rentals, we present the opportunity to acquire a building with a hotel license, safeguarding the investor from future populist political measures such as those seen with short-term rentals.


According to the CMP (Porto Municipal Council) ruling, the property is described as follows:


1-star hotel establishment (Hotel-Apartment), with a maximum capacity of 20 fixed beds/users, distributed across 10 accommodation units (2 studio apartments, one of which is adapted for users with reduced mobility, 7 apartments with double rooms and 1 single room).


*There is also an approved expansion project for a 16-room hotel*


Renovated mixed-use building, located in the historic heart of Porto. Licensed by the Porto City Council and registered with RNET as a 1-Star Hotel-Apartment


10 accommodation units

20 beds

4 one-bedroom apartments

1 studio apartment

3 two-bedroom apartments

2 duplex rooms

1 unit adapted for reduced mobility

2 leased commercial spaces — Shop and Restaurant

The property has a reception area of ​​26.60 m², a common area/kitchenette of 25.70 m², shared sanitary facilities and a technical area of ​​25.10 m². On the ground floor there are two leased commercial spaces — a shop and a restaurant.


5 min São Bento Station

7 min Lello Bookstore

8 min Praça dos Aliados

10 min Ribeira & Douro River

12 min Soares dos Reis Museum

30 min Airport (metro)

Details

Private Gross Area m²746
Gross Area m²- -
Total Lot Size m²245
Living Area m²746
Bedrooms10
Construction Year1951
Floor- -
WC/Bathrooms10
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

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Map

Credit Simulation
Listing Price
2 200 000 €
Monthly Payment (*)
0

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.