Portugal

The Central House acquires its first building in Portugal

The Central House acquires its first building in Portugal

The property has an area of 2,700 sqm and is expected to open in the first quarter of 2022. In collaboration with the Savills delegation in Portugal to streamline local aspects, the consulting firm has carried out the technical due diligence for the purchase of the building, analyzing its use and exploitation model based on the objectives of improvement and upgrade in accordance with the philosophy of The Central House, which will adapt the hostel to its standards of quality, sustainability, local integration, accessibility and social awareness.

The emblematic building, which is classified as a historical monument and is recognized for its well-known facade of typical Portuguese mosaics, will be a new example of the urban and cultural character that The Central House is committed to in its establishments.

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