Building for sale in Lisbon, Portugal

If there is an investment with great potential to make in Lisbon, this is certainly one of them. This is an exploration in the area of ​​entertainment and nightlife, with a privileged location and all the conditions to make this property a reference in the capital. The privileged location next to the river gives it a special attractiveness, but even more attractive are the numbers that result from the profitability study carried out and that give a profitability rate of 79% and payback in less than 18 months. It is not every day that an opportunity arises to acquire an entertainment space in what was considered, last year, as the best destination in the world by the World Travel Awards (2019) It is, therefore, the ideal place and time to materialize this assignment of a contractual position for a further 5 years, renewable for periods of 10 years. It has a license for restaurant and night club (can operate 24 hours non-stop) is fully equipped and in operation. Along with the growth of tourism that has risen for consecutive years, having already reached the barrier of 7 million tourists in Lisbon alone, the capital has long been in the rankings of the best places in Europe to go out at night for offering diversity, affordable prices ( compared to other European capitals), for starting early and ending late in a good environment and with quality spaces. This is the opportunity to invest in the riverside area, next to the emblematic 24 de Julho Avenue. The quality of the space and environment is guaranteed by the investment in details: exquisite decoration, furniture stereos specially designed and customized for this space. It has the quality seal of a world leader sound company, being the only space in Portugal with this distinction and guarantee of sound quality. The exploration potential is immense and goes beyond the concept of a bar / disco. It can also be used for countless corporate events, corporate actions (team-buildings for example), conferences, among others. The space was completely remodeled in 2017, with a focus on improving electricity, plumbing and gas ducts, as well as the floor, walls, roof and kitchen. They also reinforced their commitment to decoration, always with high quality materials, and certified soundproofing, which resulted in a current environment of quality and glamor. This space has already been highlighted in Visão magazine, which referred to 'the environment, with giant screens and robots with the best light technology that allow the house to change color'. Another highlight was the offer and quality of the bar, from which 'premium drinks come to taste' and the space itself as 'an intimate and refined place for a heterogeneous public'. The area in which it is located has been upgraded in recent years and is now surrounded by luxury condominiums, such as Montisnávia, LX55, Terraços da Junqueira or the Hyatt Regency, a 5-star residential and tourist complex. The areas of Alcântara and 24 de Julho speak for themselves: since the 90s they have been the highlight of Lisbon's nightlife. We are available to answer any questions and provide additional information, as well as to take you on a visit so that you can see, for yourself, the potential for investment in a trendy and refined space. Do not hesitate to contact to find out more. #ref:CB03-0170