Sintra Commercial

Hostel with 11 apartments.

Premium area next to the Sintra National Palace. Investment opportunity.

With a profitability of 7.2% and an average occupancy rate of 85%.

With the acquisition of the property there will also be the possibility of acquiring the company and operating license.

Recently renovated historic building, fully operational, has a reception and laundry facilities.

The apartments have a garden, are all furnished and equipped with TV, wi-fi, kitchenette, toiletries, hairdryer and air conditioning.

It is located 3 minutes walk from the train station and 700 meters from the National Palace, in a quiet area. The Villas de Cintra are close to the historic center of Sintra where you can find all types of services, restaurants, cultural and tourist activities, surrounded by a rich natural landscape where you can practice various sporting activities.

On February 27, 2024, the government approved approval in the Council of Ministers, the repeal of law DL 128/2014 with the amendment by Law 56/2023
referring to the end of the suspension of licenses in local accommodation and elimination of the current prohibition on transferring licenses with the sale of the respective properties.