Comprising two assets totalling a GLA of 2,250 m², the hotel has 71 rooms and will be expanded next year, with the construction of new spaces planned for the interior, in particular a reception and lounge area, as well as a new meeting room with a capacity for 50 people.
For Pedro Valente, from Capital Markets, “this kind of operation places the tourist sector in the serious investment market. A functioning hotel, with a good performance, is a secure investment, reinforced by the fact that it is located in the centre of Lisbon.” Furthermore, comments Alexandra Torres, from the Department of Tourism, Hospitality and Leisure of the same consultancy, “this operation proceeded very speedily due to the combination of conditions met by this asset. Its location, in the prime zone, together with its high profitability, made the hotel a very attractive business opportunity”.