For sale - Approved Construction Project for a 3-Star Boutique Hotel | Ericeira
- 11398m2
Ref: TAPT01-1187_AH
- 11398m2
Ref: TAPT01-1187_AH
Approved Construction Project for a 3-Star Boutique Hotel | Ericeira
A prime coastal investment on an 11,000 m² plot with frontal sea views, an infinity pool, and a 50-seat restaurant. Fully approved and ready to build. Investment: €1.4M | Construction: €1M Projected ROI: 14.5% | First-year revenue: €667,598 17 hotel rooms | High-demand tourism area
Located in one of Portugal’s most sought-after coastal regions, this exclusive hospitality project offers breathtaking frontal sea views and direct access to the stunning Praia São Lourenço. Spanning an expansive 11,000 m² plot, the development is fully approved and ready for construction.
Key Features:
17 elegantly designed hotel rooms
Ocean-view infinity pool & 50-seat restaurant
Additional open space for hotel use
Strong financial outlook with a projected gross annual ROI of 14.5%
Financial Overview:
Investment: €1.4M (land & project acquisition)
Estimated total construction costs: €1M
Projected first-year revenue: €667,598
Expected occupancy rate: 67% (ranging from 40% in low season to 95% in high season)
Net operating profit: €363,334
This project presents a unique opportunity to invest in a high-demand tourism destination with strong revenue potential.
Key Features:
17 elegantly designed hotel rooms
Ocean-view infinity pool & 50-seat restaurant
Additional open space for hotel use
Strong financial outlook with a projected gross annual ROI of 14.5%
Financial Overview:
Investment: €1.4M (land & project acquisition)
Estimated total construction costs: €1M
Projected first-year revenue: €667,598
Expected occupancy rate: 67% (ranging from 40% in low season to 95% in high season)
Net operating profit: €363,334
This project presents a unique opportunity to invest in a high-demand tourism destination with strong revenue potential.