In this real estate product is included the business, consisting of a Hostel and a Café, both with an excellent profitability.
The property is in excellent condition, not being necessary intervention of works.
With a privileged and prestigious location between the Allies, Trindade and Bolhão (2 minutes from Trindade Metro Station).
The component of the Accommodation business – the Hostel has 8 years of market with excellent reviews (8.7 out of 10). Composed of 60 beds distributed in the 11 rooms. All rooms have private bathrooms. The occupancy rate is higher than 80% since 2012.
In the hotel business component – the Café has 70 seats distributed in 40 seats outside and 30 indoors. It is a reference in the level of media in media magazines: Time-Out, NIT and Evasions.
PROFITABILITY:
– Ebitda Hostel: 66,000€
– Ebitda Coffee: 45,000€
– Total Ebitda: 111,000€
AREAS:
– 512 m2 of construction area
– 380 m2 of land
– 128 m2 of land deployment
- Patio with 240 m2, atypical in downtown Porto.
– Increase of approved construction area to 1075 m2 (PIP approved)