Iberian Property > News > Hotels Or Shell & Âncora buy 17th-century palace in Lisbon The heritage-listed palace, located in the historic centre of Lisbon, comprises more than 4,000 sqm of gross area, and the companies intend to convert the asset into a boutique hotel. Alexandre Lima | 20/11/2025 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Servatur acquires a 312-room hotel in Tenerife 02 June 2026 Hotels All Iron and Líbere Hospitality debut in Alicante after investing €17.2M 28 May 2026