French Investors Bet €10M on Historic Costa da Caparica Hotel
In a significant move for the Lisbon coastline's hospitality sector, a group of French investors has acquired the oldest hotel in Costa da Caparica, planning a €10 million renovation to transform it into a modern, mid-range destination. This investment highlights a growing trend of identifying and capitalizing on underserved segments of the Portuguese real estate market.
The project, led by investors Romain Dian, Matthieu Begué, and Roman Carel, aims to fill what they describe as a "market gap" in the popular beach town. While Costa da Caparica is a major draw for day-trippers from Lisbon, it lacks the quality hotel infrastructure to retain them for longer stays.
What Foreign Investors Need to KnowThe strategy behind the 'Praia do Sol by Caparica' hotel is a case study in smart investment. Instead of competing in Lisbon's saturated luxury market, the investors are targeting the mid-range, a segment with high demand and limited supply. "This isn't a luxury market," notes investor Roman Carel, "but it combines factors—beach, sun, and proximity to a capital—that are unique in Europe." The plan is to attract a year-round clientele of surfers, digital nomads, and families, with accessible price points (€100-€200 per night).
Actionable Steps for Today's Buyer- Look for Market Gaps: This project's success lies in identifying a specific, unmet need. Investors should analyze local markets for similar opportunities, whether in hospitality or residential properties.
- Consider Renovation Projects: Acquiring and renovating historic properties can offer significant returns and a unique market position, as opposed to building new.
- Target Emerging Destinations: While Lisbon city center is a prime market, nearby areas like Costa da Caparica offer high potential for growth as infrastructure and investment increase.
- Focus on Lifestyle: The hotel's focus on the surf and wellness lifestyle is a key part of its appeal. Investments that cater to specific, in-demand lifestyles can be highly successful.
This €10 million bet on Costa da Caparica signals strong investor confidence in the regions surrounding Lisbon. Explore opportunities with realestate-lisbon.com.
