Solar Simas Cardoso – Historic Manor with Exceptional Potential for a 4★ Superior Hotel or Thermal Resort
The Solar Simas Cardoso is an 18th‑century baroque manor house and a classified Monument of Public Interest, recognized as the most imposing noble residence in Cabeço de Vide, featuring neoclassical tiles and historically valuable interiors. The property covers approximately 12,000 m2
Solar Simas Cardoso – Historic Manor with Exceptional Potential for a 4★ Superior Hotel or Thermal Resort
The Solar Simas Cardoso is an 18th‑century baroque manor house and a classified Monument of Public Interest, recognized as the most imposing noble residence in Cabeço de Vide, featuring neoclassical tiles and historically valuable interiors. The property covers approximately 12,000 m2 of land and around 7,000 m2 of built area, including gardens, pool, and expandability potential. Currently operating as a residential unit with restaurant, bar and event spaces, it also benefits from an independent bar already in operation on site. Located just minutes from the Sulfúrea Thermal Baths, known since Roman times for the therapeutic qualities of their sulphurous waters—highly sought for respiratory, osteoarticular and dermatological treatments—this location guarantees steady, long‑stay demand throughout the year. With its scale, setting and historic character, the estate offers exceptional conditions for conversion into a 4‑star superior hotel or thermal resort with 90 to 120 rooms, potentially supported by an exclusive operating concession for the thermal facilities. A financial study indicates annual returns above 17%, with an estimated EBITDA between €2.3M and €2.6M and a projected payback of 6.5 to 8.5 years when optimized. This is a unique opportunity for hotel groups seeking a flagship thermal destination combining heritage, exclusivity and high long‑term profitability
Porta da Frente Christie’s International Real Estate is a real estate brokerage firm that has been working in the
Porta da Frente Christie’s International Real Estate is a real estate brokerage firm that has been working in the market for more than two decades, focusing on the best properties and developments, whether for sale or lease. The company was selected by the prestigious Christie’s brand to represent Portugal in the areas of Lisbon, Cascais, Oeiras and Alentejo. The affiliation with Christie’s International Real Estate combines the local know-how of Porta da Frente, the reputation and recognition of a 250-year global brand - its international reach and global marketing strategies - allowing the company to be a single and exclusive broker in the segment where it operates. Porta da Frente Christie’s International Real Estate currently has a team of more than 90 professionals based in offices in Lisbon, Cascais and Oeiras, specialized in providing a comprehensive service to support its customers in all stages of the business. The main mission of the Porta da Frente Christie’s International Real Estate is privileging a service of excellence to all our customers.
…
Last updated
Yesterday
First listed
Jul 2
Listing reference
PF40111/13071
Start phone call with:
Hello, I’m calling for the property with the reference PF40111/13071, which I discovered on JamesEdition.
After the call, we'll provide your contacts to the agent for easy communication.
Trusted by the World's Leading Brokers
The agents behind the world's most exceptional properties list with JamesEdition.
Listings from Sotheby's, Christie's, BARNES, and Engel & Völkers