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Business for sale in Portugal - 4 stars hotel charm, sophistication and refinement - portugal

Asking Price: 4,000,000 € Real Estate: Lease
Sales Revenue: 0 €
Net Profit: 0 €
Year Established: 1988
Employees: 34FT
# of family members employed: Not Disclosed
Location criteria:
Portugal/Distrito do Porto/Porto

Business types:

Accommodation & Food services

Business categories:

Bars & Taverns

Business description

58 Rooms and Suites 116 Beds Segment Medium and Medium / High Competitive advantages: Facilities; Kind of clients; Prestigious in the market. The owns s property is the Municipality The property was cede by 75 years, from 1989 (without payment of annual rents and with other preferential terms). The hotel is within a historic monument, classified as a National Monument. This hotel is Charming, Sophistication and Refined. Unique in this country, with more than 20.000 m2. Services: -Church; -Cellar; -Restaurant (180 seats); -Typical tavern/restaurant with regional food (60 seats); -Coffee (200 seats); -Main Bar; -Pool Bar; -Room to banqueting (180 seats); -Hall meetings (8 to 200 seats); -Auditorium (200 seats); -Tennis court; -Sauna and Jacuzzi; -Snooker, Ping Pong, and others; -Kennel; -Courtyards and gardens; -Parking inside the property (100 cars). The liabilities will be assumed by the sellers.

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: Members need to return to their country
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: Not Disclosed

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