€1,400,000

This is a rare, fully approved oceanfront boutique hotel development opportunity in Ericeira, located in São Lourençoone of the regions most exclusive and supply-constrained coastal enclaves. Positioned directly on the Atlantic shoreline, the asset combines prime oceanfront exposure, architectural approval, and strong tourism fundamentals, allowing immediate progression to construction with licensing risk fully mitigated. The project can be acquired as an approved development ready to build or delivered fully constructed under a turnkey structure, providing flexibility for investors seeking either development margins or a stabilized hospitality asset upon completion. Located just 35 minutes from Lisbon and its international airport, Ericeira is internationally recognized as Europes only official World Surfing Reserve. The destination benefits from resilient, year-round demand driven by high-spending surf tourism, wellness travel, digital nomad growth, and Lisbon spillover hospitality demand. The 11,398 sqm oceanfront plot includes 1,516 sqm of approved construction across 2.5 floors. The current scheme comprises 17 double rooms (with an alternative layout allowing up to 22 keys), an elevated infinity pool overlooking the Atlantic, a 50-seat restaurant and bar, lounge areas, event space, and integrated underground parking. The architectural concept maximizes uninterrupted ocean views, operational flow, and premium positioning within the boutique luxury segment. São Lourenço remains one of the most tightly held micro-markets along the coast, characterized by limited hospitality inventory, strict coastal planning controls, and strong pricing resiliencereinforcing long-term capital appreciation potential. Key Investment Highlights Direct oceanfront positioning with unobstructed Atlantic views Fully approved boutique hotel project immediate construction readiness Option for turnkey delivery fully constructed Prime location within Europes only World Surfing Reserve 11,398 sqm plot 1,516 sqm approved buildable area Flexible configuration of 1722 keys Infinity pool with panoramic ocean frontage premium ADR positioning High-end F&B component (50 seats) enabling diversified revenue streams Underground parking and full service infrastructure integrated 35 minutes from Lisbon International Airport Supply-constrained, high-barrier-to-entry coastal submarket