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Newly Constructed 120-Unit Hotel | NN-Lease

Portugal

73%

€8.020.000

Hotels & Resorts

#33533

Core

23 Apr 2024

Property Details

Broker

For sale

5.50 %

120

66,833

Freehold

Lease

X

Fees

1.50 %

0.50 %

1.00 %

0.50 %

0.50 %

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)