For Sale · A Licensed Boutique Hotel Opportunity
For Sale · A Licensed Boutique Hotel Opportunity
Historic Centre · Lagos · Algarve · Portugal
Securing planning consent and hospitality licensing inside a protected old town typically takes years, and often fails. Casa Creativa comes with a pre-approved construction licence for a 13-room hotel with restaurant and lift, plus the pathway to full bar and restaurant licensing.
513 m² of modern construction arranged as a working guest house with an owner's residence above.
The Approved Scheme
The approved conversion transforms the building into a fully classified boutique hotel, changing what the asset is worth and how it can trade.
Up from 8 lettable rooms today, a 60% capacity increase within the existing envelope.
Licensing pathway for a public-facing restaurant and bar, a second revenue stream in a high-footfall old town.
Full accessibility and formal hotel status: OTA positioning, corporate demand and brand partnerships open up.
Why Lagos, Why Now
The Algarve's hospitality market has never traded better, and Lagos is one of its strongest year-round micro-markets. Casa Creativa stands inside the old town walls themselves, seven minutes' walk from the beach and moments from the marina.
Algarve revenue per available room in 2024 ran ~16% above 2019 in real terms, with occupancy at an all-time high.
€192,000 per approved key against an Algarve average of roughly €293,000, leaving generous headroom for the buyer's conversion works.
New direct US flight routes and international brand entries continue to expand the Algarve's visitor base.
Market data: HVS Algarve Market Pulse; Savills Portugal hotel sector research. Full sourcing in the Investment Memorandum.
Gallery
Process
The owners have prepared a full data room so that serious parties can move quickly.
Contact us for the Investment Memorandum and headline financials.
Data room access: licence documents, drawings, trading history, title and certificates.
Private viewings arranged in person or by video walkthrough.
Offers invited; CPCV with deposit, then completion at the notary.
Enquiries
Tell us a little about you and we'll come back within one business day. Enquiries are handled directly and in confidence by the owners, no agency chain.