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March 24, 2024

Small Boutique Hotel for Sale in Sintra

🏨 6 bedrooms | 6 bathrooms

🔗 Listed on: idealista

📐 286 m² | 5.594€/m²
💸 1.600.000€
✨ Highlights
  • Located in a popular touristy area
  • Well established hotel with a very positive online presence
  • 25 min drive from Lisbon Airport
  • Close to historic landmarks and nature
⭐ Public presence
👍 Positive feedback from guests
  1. Outstanding Service: Cristina and Nuno received numerous mentions for their exceptional service.
  2. Location: The property is praised for its terrific location, near restaurants and attractions, with easy access to old town and castles.
  3. Comfort and Amenities: Guests found the villas and apartments charming, cozy, and well-equipped, particularly noting the comfortable beds, clean rooms, and well-appointed kitchens.
  4. Breakfast: Many reviewers highlighted the delicious breakfast served in a beautiful setting.
  5. Attention to Detail: The hosts' thoughtfulness was noted, such as moving luggage during rain, providing fruits and water, and giving local tips.
  6. Parking: Free parking availability across the street was a significant plus for many guests.
  7. Aesthetic and Cleanliness: The properties were described as beautifully decorated and perfectly clean, enhancing the overall experience.

👎 Negative feedback from guests
  1. Low Overhang: One guest mentioned the low overhang above the entrance door as a minor inconvenience.
  2. Space for Suitcases: Lack of space for suitcases in the bedroom was a minor issue for one guest.
  3. Maintenance Needs: A few guests noted that some maintenance was required, like loose power outlets.
  4. Room Temperature: One guest mentioned the lack of effective air conditioning during a heat wave.
  5. Size of Apartment: For larger families, the space was sometimes felt to be a bit cramped.
  6. Noise and Activity: One guest mentioned noise and activity from a nearby parking lot and construction as drawbacks.
  7. Bed Comfort: One guest found the bed too firm for their liking.
📊 Performance
  • 2023 generated a yield of 8%
✍️ Description from the real estate agent

Fully operational boutique hotel in the center of Sintra, close to the mountain range and historical center.

An incredible opportunity to own a luxury boutique hotel with an excellent image in the tourist market, and a profitable business that generated an 8% yield in 2023.

You could even live on the property and manage the business from home, generating an excellent return on investment.

The hotel benefits from an excellent reputation in the market, rated by Booking with a score of 9.2 and as a 4-star hotel. This charming hotel appeals to the most sophisticated clients who want to stroll in Sintra or spend some time away from the city.

The hotel originated from a restored house, which was converted into 6 villas with exclusive comfort, where all the decor is inspired by local stories and materials.

All villas have a unique name, and each features a living area, kitchen, and private bathroom. The average area is 45 m2 per villa. Two of the villas accommodate 2 double beds (T2 / Family Room).

Outside, there is a garden with a pond and an outdoor fireplace, and a magnificent covered "rooftop" for breakfast, with a view over the village of São Pedro de Sintra and the wonderful Sintra Mountain Range.

The property has a residential license, and the tourist activity is carried out under the Local Accommodation - Lodging Unit, allowing the future owner to continue operating in this manner if desired.

The business refers to the sale of the property with the movable goods and equipment, which can continue to be exploited in the current manner, immediately continuing a tourist business with proven profitability.

Located in the square of São Pedro de Sintra, with transportation at the door and where less than 2 km away you can find Quinta da Regaleira, the National Palace of Sintra, the Castle of the Moors, or the National Palace of Pena. Guests usually enjoy hiking in the mountains, cycling, and fishing.

Sintra is the most mystical and romantic destination in Portugal par excellence. It is one of the most visited places in Portugal, considered a UNESCO World Heritage site for its cultural landscape.

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