Full Description
Blue Palace will be a wonderful 5* Luxury Boutique Hotel.
The existing building dating from 1796, will be completely refurbished to
a high-end luxury hotel, with all the detail and worked ceilings.
It will have 35 suites equipped with all the high-end amenities.
The Restaurant will aim to be one of the best restaurant in Lisbon, with very distinguish and refined service.
The Spa will be amazing, allowing the guest to have a relaxed and exquisite relaxation service.
The target of the project is to create a reference Hotel in Lisbon, in a Prime Location, targeting the luxury market.
Blue Palace is located in Alegria Sq., very close to Avenida da Liberdade. It is located in Prime CBD. Avenida da Liberdade is the most well known Avenue in Lisbon and the most prime, where all the Luxury brands are located.
The Hotel project is fully approved for a 5* Luxury Boutique Hotel, renovating the existent building and adapting it to a high-end Hotel product.
Investment Type
Co-Ownership Investment
Project Scope
Creation of an unique 5* Luxury Boutique Hotel in centre of Lisbon, next to Avenida da Liberdade.
Project Timeline
Call for investors: Last Quarter of 2022 Expected start of operation: 1st Quarter of 2025
Project Benefits:
· Upfront Payment of 3,5% of the Initial Investment per Year, of the first 5 Years, corresponding to 61.250€.
·On the 6th year onwards, payment of 8500€ per year.
· Upon sale of the Asset, between the 7th to 9th year, 50% of the Added Value from the sale is shared with the Investors, over the return of the initial investment.
· Client can book a Room for up to 2 Weeks per year, during the full program duration with Breakfast included.
· Prime Location of the Asset, in capital city from Portugal, located in most well know and luxury Avenue of Lisbon.
· Heritage & Historical Asset, dated from the XVIII Century, that belonged to the Count of S. Miguel.
· Luxury Boutique Hotel, for a very high-end clientele.
Energy Rating: D
#ref: APA_373
Read more