Hospitality

Vip Inn Miramonte - Investment Sale

Sintra, Portugal
Asking Price
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Executive Summary
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area Gross
Number of units 92

Property description

JLL has been retained to facilitate the sale of a 3-star hotel with a repositioning potential in Sintra, a UNESCO World Heritage Site and one of the most sought-after destinations close to Lisbon, Portugal.

Vip Inn Miramonte is currently operating 92 rooms developed in four independent buildings. The hotel features two outdoor swimming pools, extensive indoor lounge areas and exquisite exterior gardens.

The hotel provides a strong potential to be repositioned to a 4-star hotel or to a senior living concept.

Investment highlights

  • A secluded destination close to the World's Leading City Break Destination;
  • Located in Colares, Sintra, the Property benefits from a private location near the coastline, within a short driving distance from Sintra (10 minutes by car) and Lisbon (40 minutes by car);
  • With over 90 keys in total and potential for reconversion, The Property offers a hospitality investment opportunity with scalability in Portugal.
  • The Owner submitted a project in the municipality to reconvert the Property to a 4-star hotel, although other uses can also be considered taking into consideration its characteristics.
Last Updated Date: 06 Dec 2021

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Last Updated Date: 06 Dec 2021

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