Guest House with 9 Suites (252 m²) plus a terrace (240 m²), located only 240 meters from Avenida da Liberdade in Lisbon, plus management of 2 other Guest Houses in the same building.

Main Guest House:
»Guest House with 9 Suites
»Property included: 3rd floor with 252 m² and terrace with 240 m²
»Other Assets (Filling, Brand, Platforms) • with a website
»8,6 Rating on Booking

Guest Houses 2º Esq. And 2º Dto:
»Management Contract

Main Guest House Information:
»It has 9 suites, kitchen / dining room where breakfast is prepared, also has a rooftop terrace for events and preparation of outdoor breakfasts. All rooms have a full bathroom, safe and TV.
»It has a living room with kitchenette, where breakfast is served, and besides being the living area during the day, guests can also prepare meals if they wish.
»The entire covered terrace is equipped with a pergola, sunshades, awnings, shower, lounge chairs, bar tables and high chairs, and tables and chairs for meals. Decorated with olive trees.
»2 fractions in a building with elevator, making a unique space of 252 m² and with exclusive use of a terrace on the roof of approximately 240 m².
»2 fractions together with a total covered area of ​​252 m², 3 minutes’ walk from Av. Da Liberdade, both occupying the 3rd floor in full, and with exclusive use (defined in the certificate of PH) of the terrace (240 m²) on the roof . Board building with elevator, built before 1951.
»At the moment, the 2 fractions form a single space where a Guesthouse / Local Accommodation of 9 suites, with a common area (dining room + kitchenette), a second independent kitchen, a pantry and a total of 11 separate showers.
»The roof terrace is a recreation area with tables and chairs, sun loungers, a pergola, awnings and sunshades, artificial turf and plants, shower cubicle, and an indoor space with pantry and WC.

Business Model:
The company manages another 2 apartments on the 2nd floor of the same building, also serving as local accommodation.

Average monthly income for the Company:
9 Suites: 17,000 € / month 2º Esq: 3,000 € / month (value received by management) 2nd Dto: 4,000 € / month (value received by management, estimate)

General Investment Data:
»Revenue: € 288,000/year
»Estimated Income: € 132,000/year
»Profitability: 7% year
»Payback: 14,28 years
»Investment to be carried out: € 2,650,000
»Price per m²: € 5,386.18

Location
Accommodation located in the historic center of Lisbon, 240 meters from Avenida da Liberdade.
In the surrounding area there are many gastronomic options. From a traditional Portuguese restaurant to several restaurants serving international cuisine and fast food.
The shopping areas of Rua Augusta and Chiado are about 10 minutes’ walk away.

Contact us, to have access to photos and more information.