Investment in Amadora with elevator

Value-Add Investment Opportunity with Hotel Development Potential | Alfragide, Greater Lisbon, Portugal

An outstanding investment opportunity in Alfragide, one of the most established and strategically located business districts within the Lisbon Metropolitan Area. Positioned in a thriving commercial and corporate environment, the property benefits from the presence of leading multinational companies, excellent infrastructure, and direct access to Lisbon's principal business and residential hubs.

The asset comprises a 6,314 sqm freehold site with two existing buildings offering a total Gross Construction Area (GCA) of 3,710 sqm, currently licensed for industrial and office use.

The first building comprises two floors, including garage facilities, an electrical transformer station and technical support areas. The second building extends over three floors, including a semi-basement level, and provides flexible accommodation comprising offices, training rooms, meeting rooms, an auditorium, warehouse and archive facilities, staff dining areas, kitchenettes, sanitary facilities, circulation areas, outdoor parking and landscaped external areas.

Property Highlights

• Land Area: 6,314 sqm
• Building Footprint: 1,320 sqm
• Gross Construction Area: 3,710 sqm
• Private Gross Area: 3,352 sqm
• Dependent Gross Area: 358 sqm
• Existing Use Licence for industrial, warehouse and office purposes.
• Ample on-site parking and external circulation areas.

Hotel Development Potential

The property offers a compelling repositioning opportunity.

A Preliminary Information Request (PIP) has already been submitted to the local planning authority to assess the feasibility of redeveloping the site into a 100-key hotel, targeting the 3- to 4-star hospitality segment. This demonstrates the property's strong potential for conversion into a hospitality asset, subject to planning approval.

Given the continued growth of Lisbon's tourism sector and the increasing demand for accommodation serving both business and leisure travellers, the proposed redevelopment represents a highly attractive value-enhancement opportunity.

Strategic Location

Alfragide has become one of the Lisbon region's most important business clusters, hosting numerous multinational corporations, corporate headquarters, retail centres and service providers.

The property enjoys exceptional accessibility, with immediate connections to the A5, IC19, CRIL and CREL motorways, allowing rapid access to:

• Lisbon City Centre
• Carnaxide
• Oeiras Business District
• Loures
• Cascais
• Humberto Delgado International Airport

Its strategic location places the asset within one of the strongest corporate catchment areas in Portugal, benefiting from a constant flow of business travellers and corporate activity throughout the year.

Investment Rationale

This is a rare opportunity to acquire a strategically located asset combining existing income-producing infrastructure with significant redevelopment potential.

The combination of:

• a sizeable freehold site;
• an established business location;
• flexible existing buildings;
• favourable accessibility;
• and the demonstrated feasibility of a hotel conversion,

creates an attractive value-add investment with multiple exit strategies, whether through refurbishment, repositioning, hotel development or a mixed-use corporate project.

This asset is ideally suited to institutional investors, hotel operators, private equity funds and real estate developers seeking to capitalize on the continued growth of the Greater Lisbon market.