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April 20, 2024

Boutique Riverside Hotel for Sale in Vila do Conde

🏨 16 Bedrooms | 16 Bathrooms

🔗 Listed on: Idealista

📐604 m² | 3311 €/m²
💸 2,000,000 €

✨ Highlights

  • Built in 1996
  • Scenic views of Ave River from the property
  • 20 minutes from Porto airport

⭐ Public reviews

4.0 and 144 reviews on Google Maps

4.0 and 41 reviews on Tripadvisor

👍 Positive feedback from guests

  1. Excellent Location: Situated conveniently along the Camino Portugués, Hostel Bellmar offers easy access to restaurants, bars, and scenic spots like the river and historic squares.
  2. Friendly and Helpful Staff: Numerous reviewers praised the staff for their friendliness and willingness to assist guests, even providing services beyond expectations, such as printing documents for non-guests.
  3. Comfortable and Clean Rooms: Many guests found the rooms comfortable and clean, with comfortable beds and private bathrooms available in some dorms and double rooms.
  4. Well-Equipped Kitchen and Common Areas: The hostel provides well-equipped kitchen facilities, spacious dining areas, and cozy living rooms, contributing to a relaxed atmosphere.
  5. Affordable Pricing: Hostel Bellmar offers good value for money, especially for pilgrims on a budget, with reasonable rates for accommodation and additional services like laundry.

👎 Negative feedback from guests

  1. Inconsistent Maintenance: While some guests found the rooms clean and well-maintained, others reported issues such as outdated furnishings, moldy bathrooms, or malfunctioning windows.
  2. Noise Levels: Several reviewers mentioned noise disturbances, either from neighboring rooms or external sources, affecting the quality of sleep.
  3. Limited Amenities: Some guests noted limitations in amenities, such as the need to pay extra for towels, kitchen usage, or laundry services. Additionally, Wi-Fi connectivity issues were reported in certain rooms.

📊 Performance

The hotel didn't provide the performance data (ADR, Occupancy Rate, etc.)

✍️ Description from the real estate agent

"Prime Riverside Accommodation with Dining Facility, Overlooking the Ave River"

Strategically positioned with breathtaking vistas of the Gardens and Ave River, this property presents a lucrative opportunity for establishing a boutique hotel.

  • The premises feature a welcoming foyer, a spacious lounge/dining area, a kitchen with a balcony, and 16 lodging units (including a loft, 12 suites, and 3 bedrooms with en suite facilities). The primary bedrooms offer captivating views of both the river and gardens.

A promising venture awaits, with potential for expansion through the construction of a new edifice at the rear on the available urban plot, or the addition of amenities such as a parking facility or recreational area to complement the main structure.

This investment encompasses the sale of three distinct properties:

  • The primary structure, an urban establishment designed for commercial and residential use, comprises a ground floor housing a thriving restaurant, currently under lease. The first and second floors, along with attic space, are divided into two independent units under a condominium regime.
  • The third property encompasses a plot of land designated for urban development behind the primary building.

Please note: The main building necessitates refurbishment, barring the facade, which retains its original stone structure. The restaurant can either continue operations under existing lease agreements or be made available without fixtures and fittings, subject to negotiation.

Property Details:

A

  • Urban structure for commercial and residential purposes, including ground floor, first, second, and attic levels, divided into two independent units under a condominium regime.
  • Total land area: 412.0000 m²
  • Building footprint: 320.0000 m²
  • Total private gross area: 604.0000 m²

B

  • Land earmarked for urban development
  • Total land area: 350.0000 m²
  • Building footprint: 350.0000 m²
  • Gross construction area: 800.0000 m²
  • Gross dependent area: 350.0000 m²

For detailed information, kindly schedule a site visit. Seize this opportunity today!

  • When purchasing through a professional from the DECIÕES E SOLUÇÕES (Esposende) network, one of the nation's largest networks, you benefit from comprehensive 360° service at no extra cost.

We manage the entire financing and insurance process, ensuring you receive the best market rates available.

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