Historic 18th-Century Palace Hotel Opportunity in Almada

This rare 18th-century palace sits on a private 24,363 m² estate in Almada, Setúbal, with an approved project to develop a five‑star hotel offering 90 luxury suites. Located approximately 10 minutes from central Lisbon by car or a short ferry ride from Cais do Sodré, the property combines historic architecture with contemporary hospitality planning. The approved design preserves the palace’s original façades and principal rooms while adding modern accommodation wings, spa and wellness facilities, gourmet dining areas and landscaped leisure grounds. The main historic residence retains six principal bedrooms and grand reception spaces that can be restored as signature suites, event venues or private villas. Infrastructure planning includes dedicated service access, parking, and utilities already evaluated in the project dossier, reducing permitting risk and accelerating delivery. With panoramic views across the Tagus and proximity to Cristo Rei and Costa da Caparica beaches, this site targets high-end leisure and cultural tourism markets serving Lisbon’s expanding luxury segment. For buyers and operators, the project represents an opportunity to capitalise on Lisbon metropolitan demand for premium hospitality while preserving architectural heritage. Detailed technical files, approved plans and site visits are available on request for qualified investors and hotel operators.