The property benefits from an absolutely central location, establishing a direct connection between São Bento, Rua das Flores, Ribeira, Sé, Aliados and Palácio da Bolsa one of the urban axes with the greatest pedestrian and tourist intensity in the country. It is a location already fully validated by the market, characterized by continuous tourist demand, a strong international presence and a high concentration of boutique hotels, premium restaurants and historic commerce. The property is in tourist operation, with 7 accommodation units, a commercial space, a coworking space and a garden, with a high occupancy rate and immediate financial return. It currently has an approved project for conversion into a boutique hospitality unit with strong operational flexibility, and the transaction can be negotiated with the current hotel operator or, alternatively, free and vacant, allowing full repositioning of the operating concept. The approved project provides for the conversion of the building into a small-scale boutique hotel unit with an urban lifestyle positioning, integrating approximately 966.60 m² of construction spread over 17 accommodation units, 25 beds and a maximum capacity of 34 guests. The approved program combines rooms, studios and T1 apartments, creating a particularly interesting hybrid model between boutique hotel, serviced apartments and urban lifestyle hospitality. This configuration allows for greater operational flexibility, demand diversification