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 Montebalito to build a 14-room boutique hotel in Fuerteventura 15 May 2026 Market Updates Draycott buys majority position in Square AM 07 May 2026