€8.020.000
Confirmation
Newly Constructed 120-Unit Hotel | NN-Lease
Portugal
Hotels & Resorts
#33533
Core
14 Oct 2024
Property Details
Broker
For sale
5.50 %
120
66,833
Freehold
Lease
Fees
Investment Overview
Newly constructed 120-unit hotel situated in a central location within a vibrant city of 126,000 residents. The property boasts a brand new 15-year lease agreement with a globally renowned hotel operator, managing over 400 hotels worldwide. The lease features an inflation-adjusted annual rent increase, ensuring a steady and reliable income stream for the investor. Additionally, the lease structure eliminates tenant break options throughout the lease term, providing further stability and predictability. The hotel itself is a testament to modern design and functionality, boasting 26 outdoor parking spaces and occupying a spacious 4,719 sqm land area. Its well-planned interior design encompasses a cross-construction area of 3,978 sqm, ensuring ample space for guest accommodations, amenities, and operational facilities. This prime investment opportunity offers a unique blend of secure income, strong tenant reputation, and a strategically located, modern hotel property. With its long-term lease agreement, inflation-adjusted rent increases, and break-free lease structure, this investment presents an exceptional opportunity for discerning investors seeking a stable and rewarding investment. Further details such as location, photographs and price will be available on request. Please contact our sales team for further information. (ID#V217)
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