|Building Area Gross||
|Number of units||92|
|Call for Offers||2022-05-09|
JLL has been retained to facilitate the sale of a 3-star hotel with a repositioning potential in Sintra, a UNESCO World Heritage Site and one of the most sought-after destinations close to Lisbon, Portugal.
Vip Inn Miramonte is currently operating 92 rooms developed in four independent buildings. The hotel features two outdoor swimming pools, extensive indoor lounge areas and exquisite exterior gardens.
The hotel provides a strong potential to be repositioned to a 4-star hotel or to a senior living concept.
- A secluded destination close to the World's Leading City Break Destination;
- Located in Colares, Sintra, the Property benefits from a private location near the coastline, within a short driving distance from Sintra (10 minutes by car) and Lisbon (40 minutes by car);
- With over 90 keys in total and potential for reconversion, The Property offers a hospitality investment opportunity with scalability in Portugal.
- The Owner submitted a project in the municipality to reconvert the Property to a 4-star hotel, although other uses can also be considered taking into consideration its characteristics.