Urban Land in Ericeira

Price:2,300,000

Hotel Project approved

Reference No: BLEN7283

Bedrooms: 68

Floor: 3

Lot size: 12000

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Description

It is a land where the construction of a Hotel is approved.

The land is next to the sea on the coast of Ribeira de Ilhas beach, in the main area of Portugal for surfing.

This is where one of the stages of the World Professional Surfing Circuit is being disputed.

As the land is sloped towards the south, it is protected from the winds and has a stunning view from Ericeira to Cabo da Roca.

  • 45 min drive to Lisbon
  • Walking to distance the beach
  • 7 min drive to Ericeira

The hotel has 68 double rooms and support facilities.

The construction estimate is between 2 and 2.5 million euros.

An economic feasibility study was carried out that ROI (Return on Investment) of 14%.

Features

Amenities

INQUIRE

Refrence No. BLEN7283
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