HOTEL RIVIERA - CARCAVELOS

BUSINESS TERMS

• Location: Carcavelos
• Classification: 4 stars
• Type of Operation: Asset / Investment Deal
• Asking Price: 50.000.000€
• Current nr. Rooms: 130
• Possible additional nr. of rooms: 20
• CAPEX needs: Mild refurbishment, besides nr. of
rooms increase.
• Other source of income:
• SPA
• Status of Operation: Fully operating

• Interest of operator with annual rent of 3.5M€/year (before increase of 20 rooms)

LOCATION

The hotel is located in a prime zone of

Carcavelos, at a distance of 300mt to the
beach of Carcavelos, 5 minutes walking
distance to the train station to Cascais and
Lisbon. It is just next to Carcavelos Tennis
Club, with Tennis, Padel courts, restaurant
and with new amenities under
development, like gym and more.
 LOCATION OVERVIEW

13
9

1
5
6

12
2
10
3
4 11

7
8

1 – Tennis Club Carcavelos

2 – Project for Hotel
3 – New Private Medicine University
4 – Project for Touristic development (hotel and serviced apartments)
5 – St. Julian’s School
6 – Luxury villas neighbourhood
7 – Project for Touristic/student Residence development with commerce
8 – Carcavelos Beach with restaurants, bars and surf schools all along
9 – Train station Lisbon-Cascais
10 – NATO facilities (using a lot of conference rooms and events along the year)
11 – University SBE (School of Business and Economics)
12 – Quinta dos Ingleses - Residential project under municipal discussion
13 – Carcavelos Centre (banks, public services, local commerce and restaurants)
 PROPERTY DESCRIPTION

Hotel 4**** SPA

• 130 rooms: • Internal pool

• Single • Equipped gym

• Double/Twin
• Junior Suite • Sauna
• Family Suite
• Massage & other SPA services
• 7 Conference Rooms each with capacity up to 160
pax

• Restaurant and bar

• External pools (adult and children)

• 1 Tennis court

• SPA
 PROPERTY DESCRIPTION

Possibility to increase 20 rooms (Optional)

The roof space was done with enough ceiling height to incorporate 20 new rooms.

• Need to change at least 1 lift to reach ceiling floor.

• Engineering infrastructure ready to grow.

• Permit for room increase under approval (tbc)

Maintenance Status and Capex

• Facades in good conditions, painted a few years ago.

• Carpets of conference rooms renovated recently.

• Need to modernize room’s wcs.

• General mild maintenance.

• Need to paint garage walls.

 INFO ON INTERESTED OPERATOR

• Offer to pay anual 3.5M€ to operate (Yield 5,8% over asking

price):

• Hotel (current nr. of rooms), pools and F&B

• SPA

• (Space to renegotiate annual income with additional 20 rooms)

 HOTEL IMAGES
Hotel and Public Areas
 HOTEL IMAGES
Rooms & Suites
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Restaurant & Bar
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Conference Rooms
 HOTEL IMAGES
SPA