Hotels > Portugal > 18th Century Historical Building for Reconstruction & Commercial Development for Sale in the Centre of Lisbon, Portugal
  • 18th Century Historical Building for Reconstruction & Commercial Development for Sale in the Centre of Lisbon, Portugal
  • 18th Century Historical Building for Reconstruction & Commercial Development for Sale in the Centre of Lisbon, Portugal
  • 18th Century Historical Building for Reconstruction & Commercial Development for Sale in the Centre of Lisbon, Portugal

18th Century Historical Building for Reconstruction & Commercial Development for Sale in the Centre of Lisbon, Portugal

Sold

Cost

22 000 000
$23,934,637
REF: PT-829
6 000
Interior m²
7 000
Plot m²
Freehold
Ownership

Description

A very rare and unique investment opportunity in the centre of Lisbon to acquire a 18th century historical building for complete reconstruction and preservation of the façade, as well as other significant historical design & architectural elements that find themselves throughout the building.

In 2010, the property had an approved project for a 5* luxury hotel with spa, gym, restaurants and conference rooms for 212 people. The approval of a new project would take approximately 2.5 years. An approximate investment of 7,000,000 would be necessary to fully restore and finish the building in respect to the historical status of the building.

*Expressions of interest can be received via LOI & POF following the signing of an NDA.

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