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COMMERCIAL

Sintra, Lisbon, Portugal

€4,900,000
RE/MAX - MAXGROUP, Tavira
PROPERTY TYPE

Hotel

BEDROOMS

14

BATHROOMS

16

SIZE

7,237 sq ft

672 sq m

Key features

  • PRIME HISTORIC SINTRA LOCATION
  • 14 ROOMS
  • 16 BATHROOMS
  • LICENSED HOSPITALITY OPERATION
  • ESTABLISHED RESTAURANT
  • 672 SQM BUILDING
  • FLEXIBLE HOSPITALITY USE
  • RETAIL EXPANSION POTENTIAL
  • YEAR-ROUND DEMAND
  • HIGH TOURISM EXPOSURE

Description

Tourism Asset in the Historic Center of Sintra - Hostel with Restaurant and Strong Value-Add Potential
Unique investment opportunity in the historic center of Sintra, one of the most iconic destinations in Portugal.
Located on Rua Guilherme Gomes Fernandes, in the heart of the village's main pedestrian and tourist area, this asset benefits from a prime central position within Sintra's main visitor flow, just a short distance from key landmarks such as the Palácio Nacional de Sintra.
The property is currently operating as a hostel and holds a valid Local Accommodation license, comprising 14 rooms and 16 bathrooms, ensuring efficient operations aligned with current hospitality standards. It also includes a well-established and highly regarded restaurant, COMO, which enhances both the appeal and positioning of the asset.
With a gross private area of 672.35 sqm and 408.19 sqm of usable area, the building offers a versatile layout suitable for multiple hospitality concepts, including a premium hostel, boutique hotel, branded hospitality concept, or student residence.
According to the use license, there is also potential to add a retail unit, providing additional revenue streams and further enhancing the asset's value.
Its location in Sintra - a UNESCO World Heritage Site - ensures exceptional tourism demand, with over 3 million visitors annually, supporting strong occupancy levels and international visibility.
Additionally, the proximity to the ISCTE - Instituto Universitário de Lisboa campus in Sintra provides a stable year-round demand base, including students, faculty, and academic visitors, further supporting the potential conversion into a student residence and helping mitigate seasonality.
The combination of prime location, strong tourism fundamentals, existing licensing, and operational flexibility makes this property a highly attractive opportunity for hotel groups, hostel operators, boutique hospitality brands, and institutional investors.

Sintra, Lisbon, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Lisbon(International)
    13.5 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About RE/MAX - MAXGROUP, Tavira

Rua Dr. Augusto Carlos Palma, Nº 26 - 8800-35

Notes

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This is a property advertisement provided and maintained by RE/MAX - MAXGROUP, Tavira (reference 125461110-4) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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