Approved Construction Project for a 20-Room Boutique Hotel | Ericeira
Exclusive hotel project with 20 rooms, fully approved and ready for construction, located in front of the sea with direct access to São Lourenço Beach. Implanted on a plot of 11,000 m², it includes an infinity pool with sea views and dedicated outdoor areas, presenting a projected annual gross ROI of 14.5% in a high-demand tourist destination.
Located in one of the most sought-after coastal regions of Portugal, this exclusive hotel project offers stunning frontal views of the sea and direct access to the magnificent São Lourenço Beach. Inserted in a large plot of 11,000 m², the development is fully approved and ready for construction.
Key features:
- 20 elegantly designed hotel rooms
- Infinity pool with ocean views
- Additional outdoor space for hotel use
- Solid financial outlook, with a projected annual gross ROI of 14.5%
Financial Vision:
- Investment: €1.2M (land acquisition & project)
- Estimated construction costs: €2.5M
- Projected revenue in the first year: €667,598
- Expected occupancy rate: 67% (ranging from 40% in low season to 95% in high season)
- Net operating profit: €363,334
This project represents a unique opportunity to invest in a high-demand tourist destination with a strong potential for profitability.