Newly Established Luxury Hotel for Sale in Porto, Portugal
For Sale: 4 acres of land and a licensed project for building a hotel.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Luxury Hotels |
| Locations | Porto |
| Local Time | 7:30 AM Europe / Dublin |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
5.2 million
(Native Currency: EUR 4,500,000)
Reason: The shareholders want to capitalize on the project to diversify their investments.
We are advisors ...
View More
Includes physical assets worth
USD
5.2 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Investment Presentation
(3.6 MB)
Investment Brochure with Grants
(1.2 MB)
Certificate of Incorporation
(42.2 KB)
Business Overview
- The business proposition consists of the sale of the land plot with a fully approved project for the development of the hotel.
- Construction license ready to be issued for the development of the hotel it is estimated a total investment of 7,8M€ + VAT.
- Estimated to last for 24 months.
- As the plot is located within the urban renovation area (ARU) of Porto Carvoeiro the project benefits from a reduction of the VAT on construction works from 23% to 6%. Golden Visa Approved.
- Our client's project is located in Portugal but we are advisors located in Dublin.
- Construction license ready to be issued for the development of the hotel it is estimated a total investment of 7,8M€ + VAT.
- Estimated to last for 24 months.
- As the plot is located within the urban renovation area (ARU) of Porto Carvoeiro the project benefits from a reduction of the VAT on construction works from 23% to 6%. Golden Visa Approved.
- Our client's project is located in Portugal but we are advisors located in Dublin.
Products & Services Overview
Boutique luxury hotel with a spa and a Michelin-star restaurant (project).
Assets Overview
The land area of 4 acres, the project, and all the licenses.
Facilities Overview
Porto Carvoeiro 4* Hotel is designed on a 16,129 sqm plot, developing over 5 floors, with an overall building footprint of 1,430 sqm and a total building area of 4,805 sqm, the 67 double room hotel counts with private underground parking, with over 20 parking spaces plus 10.Outdoor parking is spaced, an outstanding restaurant with a river view, conference rooms, and an outdoor swimming pool.
Capitalization Overview
The directors of the company funded the business and they want now to sell this fully licensed project to be built nest to a marina in Douro River.No loan under the business.
Recent Activity
-
Earlier than 15 daysBusiness Owner, Helsinki, Commercial Real Estate Broker connected with the Business
-
Earlier than 15 daysFounder And Managing Partner, Lisbon, Financial Consultant connected with the Business
-
Earlier than 15 daysManager, Hotel, Tel Aviv-Yafo, Individual Investor / Buyer connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
4 Buyers already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 125,500+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses