opening a small hotel in Portugal? good idea or not? where?

22 comments
  1. Lisbon of course, the historic downtown or central area. No one in r/portugal wants to live there so it is perfect for a touristic spot.

  2. Is it a good idea, sure since there’s a lot of tourism, will locals like the idea? Unless you buy an existing hotel or build one from the ground up (instead of for example buying a residential building and converting it) it’s fine but people will hate you if you do take out even more of the locals housing to create accommodations for tourists / digital nomads.

  3. Só para acompanhar, as pessoas vão ser acusadas de “salty”, “rudes” ou “xenófobas”?

  4. There are some options you could consider, that won’t bring about just as many problems to/from locals.

    For instance, in my town a foreign buyer acquired and ancient and derelict small palace (what we call a *solar*). They renovated it turned it into a 4* Hotel. They even improved the access road, in partnership with the local city hall (câmara municipal) and it can be used by everybody now.

    I find this to be a tasteful kind of option. The building already existed and was, by all accounts, derelict and unusable by common people.
    You don’t have to buy a *solar*, there’s all kinds of small *palacetes*, towers or even just *mansões* (mansion) that are – in effect – abandoned, derelict and completely left to the whims of nature, throughout the countryside, in smaller towns. I can point out several just in the nearby vicinity to my town.

    I find that to be a decent investment, that could be used up for tourism. Especially considering our local entities are squarely uninterested in making any kind of use out of them that would serve our local communities.

  5. I’d be careful unless it is money you can lose, the world economy is teetering…

    Do you have experience in the industry? It is cut throat, low wage industry. I know people at various levels in the industry and worked professionally on joint ventures between commercial and hotel properties.

    Also, many Golden Visa buyers bought properties that are Air BnBs, so much so that they drove locals out and created fairly intense competition amongst themselves. Most are ultra wealthy, surprisingly from Turkey or China and may be seeking safe haven if there is political trouble in their countries – in other words, their motivation isn’t money.

    I love Portugal, hate to pour cold rain on the idea, use extreme caution.

  6. Sorry OP but near half of this sub is toxic. Regarding your question – Lisbon/Porto/Coimbra/Aveiro will be nice. You can check [https://hoodmaps.com/](https://hoodmaps.com/) the info is pretty accurate

  7. O OP já fez pergunta semelhante no /r Albania, Croácia e deve percorrer todos os países até chegar à conclusão que o melhor sítio é em Leiria.

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