Hotel, Canedo, Vale e Vila Maior, Aveiro

HOTEL PORTO CARVOEIRO | Located on the left bank of the Douro River, this exclusive project offers a 280-metre riverfront and is situated on a 16,130 m² plot. With a total construction area of 4,805 m² spread across five floors, the hotel is designed to provide comfort and sophistication in a unique setting. The project includes 67 well-appointed double rooms, underground and outdoor parking, a riverside restaurant, conference rooms for events and meetings, and an outdoor swimming pool. The business involves the sale of the land with a fully approved project and a construction licence ready to be issued. The estimated investment is €7.8M, with construction works expected to last 24 months. The forecast indicates a positive free cash flow starting from the third year, with consistent growth thereafter. It also benefits from significant tax incentives due to its location in an Urban Rehabilitation Area (ARU).